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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.​

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Binance Launches White-Label Crypto Service for Banks and Brokers

Binance $10.17B is rolling out a new service designed for traditional financial firms such as banks, brokerages, and stock exchanges that want to give their customers access to digital assets.

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

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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.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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