Anchorage Digital Adds Off-Exchange Settlement for Binance
Anchorage Digital says it has integrated its off-exchange settlement system with Binance, enabling select institutional clients to trade on Binance without depositing their crypto or cash directly onto the exchange. Instead, clients’ assets and funds can remain in qualified custo...
➤ Anchorage Digital has integrated its off-exchange settlement system with Binance, allowing institutional clients to trade without depositing assets directly onto the exchange. ➤ This model enables clients to use assets held in qualified custody at Anchorage as collateral for Binance's margin requirements, separating custody from trade execution. ➤ The integration aims to reduce counterparty risk and improve capital efficiency, aligning with a broader industry trend of off-exchange settlement solutions for institutional crypto trading.