Binance ermöglicht es Institutionen, Sicherheiten außerbörslich bei Banken zu speichern
- Binance executed the “world’s first cryptocurrency triparty arrangement with a third party banking partner.”
- Das Unternehmen ermöglicht Institutionen den Handel, während die Sicherheiten außerbörslich in der Verwahrung einer Bank verbleiben.
- The exchange’s goal is to address the fear of counterparty risk that institutions have while trading crypto.
- Das Unternehmen prüft seit mehr als einem Jahr die Dreiparteienvereinbarung, sagte ein leitender Angestellter.
Binance, the world’s largest digital asset trading platform by trading volume, has announced that it “successfully executed the world’s first cryptocurrency triparty arrangement with a third party banking partner,” allowing institutions to trade without depositing on the platform. Interestingly, the firm will allow banks to store trading collateral off-exchange.
Laut offizieller Presse Aussage, Binance will allow institutional investors to “keep trading collateral, off-exchange in the custody of a third party banking partner,” an industry-first move. In the announcement, the firm noted that this was the first in a series of pilot projects that the leading exchange has planned.
Binance stellte fest, dass das Hauptrisiko für institutionelle Kunden, die sich in der Kryptoindustrie engagieren möchten, das Problem des Kontrahentenrisikos ist, und das neue Programm der Börse zielt darauf ab, diese Bedenken der Anleger auszuräumen.
“It replicates a framework common in traditional financial markets, which enables investors to proportion their crypto-asset allocation based on their risk tolerance. Collateral held with the banking partner can be in the form of fiat equivalent such as Treasury Bills which has the added benefit of being a yielding asset,” the exchange noted.
On the other hand, Catherine Chen, Head of VIP and Institutional at Binance, noted that the exchange’s team has been “exploring a banking triparty agreement for more than a year” to solve the fear of counterparty risk for institutions. Chen noted that the firm has developed a solution that would allow its institutional clients to “optimize their collateral and cryptocurrency investments, modeled after the traditional markets’ trading conduct.”
“We are in close discussions with an array of banking partners and institutional investors who have also expressed strong interest in participating,” Chen added.
Laut einem Blog Post from Investopedia, counterparty risk is defined as “the likelihood or probability that one of those involved in a transaction might default on its contractual obligation.” For the crypto industry, this risk generally refers to investors needing to deposit their assets before engaging in a trade on an exchange.
Wie Bitnation zuvor berichtete, ist der frühere Binance-CEO Changpeng Zhao, im Krypto-Bereich auch als CZ bekannt, Anfang dieses Monats zurückgetreten aus dem Vorstand ausgeschieden des US-Zweigs der führenden Börse. Richard Teng, der frühere globale Leiter der regionalen Märkte an der Börse, übernahm die Leitung Geschäftsführer der Mutterbörse und plant, das Wachstum weiter voranzutreiben und die Akzeptanz zu steigern.