Definition ∞ TradFi crypto services are offerings from traditional financial institutions that incorporate digital assets. These services involve established banks, asset managers, and brokerage firms providing access to cryptocurrency investments, custody solutions, trading platforms, or other blockchain-related financial products. They represent a convergence of traditional finance (TradFi) with the digital asset economy, aiming to cater to institutional and retail demand for crypto exposure within regulated environments. Such offerings typically leverage existing financial infrastructure while adapting to the unique characteristics of digital assets.
Context ∞ News frequently highlights the expansion of TradFi crypto services as traditional financial institutions increasingly recognize the potential of digital assets. Discussions often revolve around the regulatory clarity required for these offerings, the security measures implemented for custody, and the competitive landscape with native crypto firms. The growth of TradFi crypto services signifies a significant step towards mainstream adoption and institutional integration of cryptocurrencies.