Binance Expands Banking Triparty Solution with New Collateral Options

According to the announcement from Binance, the platform is set to enhance its Banking Triparty solution, offering institutional and VIP users increased flexibility and capital efficiency. Effective from 2025-11-24, the Swiss Franc (CHF) will be accepted as an eligible collateral asset, allowing users to hold it off-exchange through the triparty solution. This update follows Binance's recent decision to support BlackRock’s BUIDL token as off-exchange collateral. The Banking Triparty solution, first piloted by Binance in November 2023, is a high-trust custody framework designed for institutions, adhering to traditional financial standards. It enables users to hold traditional collateral, such as fiat currency and Treasury Bills, off-exchange in their corporate accounts with a regulated third-party bank. This setup allows users to access liquidity on Binance without moving their collateral, thereby managing counterparty risk effectively. The triparty arrangement involves collaboration between three parties: the client (VIP or institutional user), Binance (providing liquidity and trading execution), and a regulated third-party banking partner holding the collateral in a segregated account under the client's name. This structure mirrors traditional financial market setups, aligning crypto activities with internal risk mandates and operational policies. Additionally, Binance has extended its zero-fee promotion for Banking Triparty clients until 2026-03-31. This extension allows institutions to explore the product without platform costs on pledged funds. From April 2026, a new tiered pricing model will be introduced, offering competitive rates to support long-term adoption and cost efficiency. Institutions interested in the Banking Triparty solution must have a minimum pledged collateral of $10 million and can contact their Key Account Manager for onboarding. The initiative aims to provide secure, capital-efficient exposure to crypto, combining traditional finance-grade custody with Binance-grade liquidity.