According to online reports, according to an official announcement, Binance announced that three-party custody has become an officially launched and fully operational solution. Three-party custody is an institutional custody solution that can keep fiat and traditional finance in regulated third-party banks.(TradFi) collateral, while allowing users to trade on Binance. The latest version lowers the entry threshold, eliminates the need for transaction volume commitments, and will waive service fees for pledged funds on December 31, 2025. According to reports, Binance tripartite bank custody is a high-trust custody framework created for institutions. It allows customers to keep more traditional mortgaged assets, such as fiat and U.S. Treasuries, in exclusive corporate accounts at third-party regulated banks without having to transfer those assets to trading platforms. At the same time, customers can still get equal trading quotas at Binance to conduct transactions.