As part of the Binance Banking Triparty, the exchange will waive custody and triparty fees for cUSDO till the end of 2025.
Real-world asset (RWA) tokenisation platform OpenEden has partnered with Binance to expand support for their cUSDO through the Binance Banking Triparty, a crypto custody solution that lets institutions hold trading collateral in the client’s own bank account with a regulated third-party bank, while still enabling trading on Binance.
Institutions can now hold cUSDO securely off-exchange via Binance’s banking partners, earn yield on their pledged collateral, and maintain full access to the Binance ecosystem. This follows cUSDO’s earlier integration via Ceffu’s MirrorRSV platform.
The support for cUSDO across the Binance Banking Triparty and Ceffu’s MirrorRSV allows
institutional clients to meet internal risk and compliance requirements while scaling capital
deployment in line with their trading activity.
“We’re entering a new phase of institutional crypto adoption, where compliance-focused,
yield-bearing assets like cUSDO are becoming central to how capital is deployed on-chain,”
said Jeremy Ng, Founder and CEO of OpenEden.
“cUSDO’s integration into Binance Banking Triparty and their custody partner Ceffu showcases how institutional-grade RWAs can deliver the capital efficiency and security needed to drive meaningful participation from institutions.”
To accelerate adoption and lower the operational barrier to entry for institutions exploring tokenised RWA collateral, Binance will waive all banking triparty fees and absorb all service fees for clients using Ceffu’s MirrorRSV and MirrorX till the end of 2025.
“By supporting tokenised assets such as cUSDO on BinanceBanking Triparty as well as through our custody partner Ceffu, we are offering our institutional clients more choices to optimise their capital efficiency while balancing risk control requirements,” commented Catherine Chen, Head of Binance VIP & Institutional.
