Binance pilots Crypto-as-a-Service in India and other markets, will help financial institutions offer crypto trading services

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Binance, the world’s largest cryptocurrency exchange, has rolled out Crypto-as-a-Service (CaaS) offering globally including in India. The white-label solution is aimed at enabling banks and brokerages to launch crypto trading services for their clients.

What is CaaS?

CaaS is an end-to-end infrastructure and technology solution tailored specifically for large, regulated financial institutions, using Binance’s backend infrastructure.

The solution covers Spot and Futures trading, liquidity, custody, compliance, and settlement services.

With CaaS, institutions will be able to offer spot and futures trading while leveraging Binance’s backend infrastructure for liquidity, custody, compliance, and settlement. The firms retain control over the client-facing experience, brand, and relationships, while cutting down on the time and costs associated with developing crypto products from scratch.

Bridges gap between crypto and traditional finance

Catherine Chen, Head of VIP & Institutional at Binance, said, “The demand for digital assets is growing faster than ever, and traditional financial institutions can no longer afford to be on the sidelines. However, building crypto capabilities from scratch is complex, costly, and can be risky. That’s why we created Crypto-as-a-Service — a turn-key solution that provides institutions with trusted, ready-made infrastructure.”

“With its plug-and-play design, it’s incredibly easy to integrate, allowing institutions to focus on what matters most: their clients,” she added.

When does this go live?

Binance will begin early access from September 30, offering private demos to a select group of licensed banks, brokerages, and exchanges that meet scale requirements. The service will be generally available in Q4 2025.

The exchange said CaaS ultimately aims to broaden access to digital assets and bridge the gap between traditional finance and crypto markets.

When did Binance enter India?

Binance officially registered with the Financial Intelligence Unit in India (FIU-IND) in June 2024, after paying a penalty of Rs 18.82 crore.

In January 2024, nine offshore exchanges in India were blocked by the Indian government for not registering and following local anti-money laundering regulations under the Prevention of Money Laundering Act (PMLA) 2002.