Binance to Launch “Crypto as a Service” for Banks at Token 2049 — What It Means for BNB

At the Token 2049 “Institutional Trends in Digital Assets” roundtable, Binance CEO Richard Teng outlined a strategic pivot toward deeper partnerships with a range of capital providers as the market evolves. Speaking to industry participants, Teng emphasized that intensified institutional collaboration is a measured response to competitive pressures and shifting regulatory dynamics, reflecting a focus on scalable, compliant market access for professional investors.

Teng also confirmed that Crypto as a Service (CaaS) will be introduced in the future, designed to serve banks, custodians and other institutional clients. The offering is described as modular infrastructure combining custody, compliance tooling and execution capabilities, intended to streamline institutional onboarding and reduce operational friction without altering existing regulatory safeguards.