TLDR
- Binance launched Crypto-as-a-Service (CaaS), a white-label solution for banks, brokerages, and exchanges to offer crypto trading
- The service includes internalized trading that lets institutions match orders between their own clients while accessing Binance’s liquidity
- CaaS provides full Spot and Futures market access, custody tools, compliance features, and a management dashboard
- Early access begins September 30 for select licensed institutions, with general availability planned for Q4 2025
- The service addresses rising client demand for digital assets without institutions needing to build complex systems themselves
Binance has introduced Crypto-as-a-Service (CaaS), a white-label solution targeting licensed banks, brokerages, and exchanges. The service allows financial institutions to offer cryptocurrency trading without building complex infrastructure from scratch.
The new platform addresses growing client demand for digital assets among traditional financial institutions. Banks and brokerages can now launch crypto services quickly while Binance handles the technical backend operations.
CaaS includes internalized trading as a core feature. This allows institutions to match orders directly between their own clients before accessing external liquidity.
The internalized trading system helps institutions maximize revenue potential and reduce costs. It enables them to retain liquidity within their platform while still accessing Binance’s global order book when needed.
Comprehensive Market Access and Infrastructure
The service provides full access to Binance’s Spot and Futures markets as standard. Institutions can offer their clients the same range of trading pairs available on the main Binance platform.
CaaS includes a dedicated management dashboard for oversight and control. The dashboard provides insights into trading volumes, client onboarding, asset flows, and trade distribution.
Full API connectivity comes standard with the service. This gives institutions the ability to integrate CaaS into their existing systems and workflows.
Binance maintains the backend infrastructure including trading, liquidity, custody, compliance, and settlement functions. Financial institutions retain control over their brand identity and direct client relationships.
Custody and Compliance Features
The platform addresses regulatory requirements through built-in compliance tools. These include KYC processes and transaction monitoring APIs to help institutions meet local regulations.
CaaS offers secure asset management through segregated sub-accounts and wallets. Each client receives unique deposit addresses to ensure clear asset separation.
The custody solution is designed to meet the security standards required by regulated financial institutions. Binance handles the technical implementation while institutions maintain oversight of client assets.
Rollout Timeline and Access Requirements
Early access to CaaS begins on September 30, 2025. This initial phase is limited to select established, licensed financial institutions that meet specific scale requirements.
Private demos and direct engagement with the Binance team are available during the early access period. Institutions can explore the platform’s capabilities before full implementation.
General availability is planned for later in Q4 2025. This will expand access to a broader range of eligible financial institutions beyond the initial early access group.
Interested institutions must work with Binance’s VIP & Institutional team to discuss partnership opportunities. The service targets large, regulated entities rather than smaller financial firms.
The launch comes as traditional financial institutions face increasing pressure to offer crypto services to meet client demand.