The move aims to address the concerns of institutional digital-asset traders who lost a lot of money during the collapse of FTX.
According to anonymous sources familiar with the matter,has reportedly engaged in discussions with select professional customers on a setup that would enable them to utilize bank deposits as collateral for margin trading in both spot and derivatives markets. Two potential intermediaries for this service, Swiss-based FlowBank and Liechtenstein-based Bank Frick, were mentioned, though the details of any potential partnerships remain private.
Under the proposal, client funds held at the bank would be secured through a tri-party agreement, while would provide stablecoins as collateral for margin trading. The funds deposited with the bank could be invested in money-market funds, enabling clients to earn interest and offset the cost of borrowing crypto from Binance.
According to the unnamed sources, the suggested arrangement is still under discussion and subject to potential modifications.
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