Binance announced the official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody. Mirror accounts for more than 60% of all assets secured on Binance Custody.
Mirror service is based on Binance Custody, a regulated institutional digital asset custodian.
It’s unclear whether Binance plans to provide similar cold custody services to retail investors.
Binance to let institutions store crypto with cold custody