Financial Times

Binance partners with BBVA to allow customers to hold assets outside the platform

AUG 8, 2025

held by the Spanish bank BBVA.

Since the $4.3 billion fine in 2023, Binance has been adjusting its strategy.

To increase user trust following the collapse of FTX, Binance has initiated a collaboration with the Spanish bank BBVA. This is to offer an external custody service for bitcoin (BTC) and other digital assets.

This alliance will allow customers to keep their funds outside of Binance, in a regulated and traditional environment.

https://www.criptonoticias.com/negocios/binance-ahora-custodia-bitcoin-bbva/