Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
Binance Launches White-Label Crypto Service for Banks and Brokers
Key Takeaways
- Binance offers a ready-made crypto platform so banks and brokers can serve clients without building their own costly systems;
- Institutions keep their branding and customer control, while Binance manages trading, custody, compliance, and settlements;
- The service helps firms cut expenses, lower risks, and monitor operations with tools for onboarding, activity, and asset flows.
Binance
Instead of building systems from scratch, these firms can use Binance’s ready-made platform.
The arrangement lets institutions keep control of how they present services to clients. They manage the branding, customer relationships, and overall user experience
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is a Crypto Bull Run? (Animated Explainer + Prediction)
Meanwhile, Binance handles the behind-the-scenes work, including trading, custody, liquidity, compliance, and settlements.
The company explained that interest in digital assets from traditional finance has grown. For many institutions, offering crypto services is no longer seen as optional. Binance noted that demand from clients is at record levels.
Binance stated that its goal is to help institutions reduce costs, mitigate risks, and streamline operations. Building internal systems for compliance, liquidity, and trading can be slow and expensive. Using Binance’s setup offers a faster way to launch crypto services.
The package also gives institutions the option to process orders through their own systems. This helps them manage client activity and liquidity on their own terms while still connecting to Binance’s markets when needed.
In addition, a management tool is included to track client onboarding, trading activity, asset flows, and order distribution.
Recently, Kraken