Banks and fintechs have three ways to offer crypto

Paxos says banks and fintechs launching digital asset services generally face three operating-model choices: build the stack in-house, stitch together specialist vendors, or use one full-stack regulated partner that provides custody, execution, settlement and compliance behind the institution’s brand. The company’s case for the framework is that the trade-off set is less about whether to offer crypto and more about how much of the operating burden the institution wants to retain.