CEX provides a foundational infrastructure solution for Financial Institutions to launch "CaaS encryption as a service".

On September 29, CEX is launching a new white label infrastructure solution for traditional financial institutions. This service, known as Crypto-as-a-Service (CaaS), will help regulated financial institutions and brokerage firms "seamlessly provide their clients with encryption trading services." According to a Monday announcement, CEX's end-to-end secure CaaS service relies on the exchange's backend infrastructure to support Spot and Futures Trading, Liquidity, custody, Compliance, and Settlement functionalities. CEX stated, "Importantly, institutions can fully control their front-end user experience, branding, and customer relationships while significantly reducing the time, cost, and complexity required to build encryption capabilities in-house." This move comes as U.S. regulators and lawmakers are accelerating rule-making to encourage global competition, with President Trump explicitly advocating for making the U.S. a hub for encryption. Banks and brokerage firms are also beginning to consider directly offering encryption trading and custody services or partnering with existing providers. CEX noted that the new solution will gradually roll out starting in September 2025, with full support expected by the end of 2026. In terms of trading, CaaS customers can achieve "best price matching" internally, which is a unique feature of CEX that allows for direct matching among their own clients. At the same time, CaaS connects to CEX's global order book, providing better execution prices, tighter spreads, and more trading pairs.