Binance Unveils Revolutionary Crypto Custody Solution Through Binance Trust Setup

Binance introduces crypto custody solution, Binance Trust. The custodian will manage wallet addresses and private keys for clients storing over $1 billion in assets. Binance claims it has reduced the time to onboard institutional clients from weeks to days using EIP-7702-enabled transactions. This is part of Binance's expansion into DeFi services after launching a $1 billion fund last year.