Binance: First Exchange Offers Triparty Banking with Anchorage
Binance partners with Anchorage Digital to deliver triparty banking, separating custody from execution for institutions seeking qualified custody and liquidity access.
SourceAnalysis
Binance became the first crypto exchange to integrate Anchorage Digital for Banking Triparty services, giving institutions segregated custody alongside direct access to exchange liquidity. The structure mirrors the triparty banking structure traditional finance history has used for decades, with assets held in qualified custody at Anchorage while trading occurs on Binance. This Anchorage Digital triparty custody Binance integration marks another step in institutional infrastructure without mixing execution and safekeeping functions.
Richard Teng
@_RichardTengRichard Teng is Binance CEO