Binance expands its offering of off-exchange settlement alternatives, providing eligible institutional clients with another independent custody option to access Binance liquidity.
Binance , the world's largest cryptocurrency platform by trading volume with over 320 million users, announced its integration with Anchorage Digital, offering another tripartite agreement option and allowing institutional clients to trade and benefit from Binance's liquidity while maintaining their assets in segregated and qualified custody with Anchorage Digital.
Integration with the Atlas institutional settlement platform , from the global cryptocurrency bank and platform, reinforces the already known TradFi market structure , with separate custody and execution in the trading of digital assets.
Institutional users of Binance , including those in Brazil , can trade on the world's largest cryptocurrency platform while keeping their assets under the qualified custody of Anchorage Digital, further reducing the need for collateral.
“ Brazil is experiencing a period of rapid expansion in institutional participation in virtual assets, and with this comes a growing demand for structures that replicate the security and governance standards of traditional finance , ” comments Thiago Sarandy, General Director of Binance in Brazil"
The integration with Anchorage Digital reinforces Binance's commitment to offering managers, funds, and treasuries in Brazil secure access to our global liquidity, with the reliability that this audience demands to operate at scale. It's another step towards building a more mature, secure crypto market better suited to the needs of institutional investors in the country ,” he continued explaining.
As institutional participation in virtual assets grows, professional investors are seeking a market structure closer to the standards of traditional finance , where custody and execution are structurally separated.
However, as the virtual asset market infrastructure is still maturing, historically institutions often need to pre-fund accounts on exchanges.
This creates operational and counterparty challenges, making large-scale participation more difficult for companies subject to stringent risk management, custody, and fiduciary duty requirements.
The expansion of the tripartite agreement seeks precisely to reduce these barriers , allowing institutions to keep their assets under independent custody while accessing Binance's liquidity.
A pioneer in adopting the tripartite banking model in 2023 , Binance continues to expand its network of banking partners and its institutional settlement options. The goal is to help clients access exchange liquidity without having to relinquish control over their assets.
“ Binance continues to expand an institutional-grade infrastructure that helps professional traders access cryptocurrency markets more securely and efficiently. Working with Anchorage Digital on off-exchange settlement offers eligible institutional clients another way to access Binance liquidity while managing custody and collateral through a model more familiar to traditional financial markets ,” said Catherine Chen, Head of VIP & Institutional at Binance.
“ Institutions need a cryptocurrency market structure that reflects the standards they already rely on in traditional finance. Off-exchange settlement, enabled by Atlas, is designed to separate custody from execution, helping institutions access exchange liquidity while keeping their assets securely in custody. By working with Binance, we are bringing this model to the world’s largest cryptocurrency exchange by trading volume ,” said Nathan McCauley, co-founder and CEO of Anchorage Digital.
Binance's tripartite agreement supports institutional workflows in trading, settlement, lending, collateral management, and other capital markets use cases.
Subject to eligibility and availability criteria, it also allows the management of cash and cash equivalent collateral, cryptocurrency assets, and certain tokenized real-world assets (RWAs), including money market funds such as BlackRock's BUIDL, Circle's USYC, and Franklin Templeton's iBENJI, helping institutions manage their trading margins with greater capital efficiency.
