# Baanx > Replacing banking with technology Baanx is a digital asset payments infrastructure company. It provides self-custody debit card and banking infrastructure that wallets and exchanges use to let their users spend, borrow against, and manage crypto. Baanx is a digital asset infrastructure company that provides self-custody payment technology for wallets, exchanges, and other fintech platforms. It builds the underlying rails for debit cards, digital wallets, accounts, and borrowing and lending services that let end users spend and access liquidity directly from self-custodied crypto holdings without giving up control of their private keys. The company addresses the gap between traditional banking and digital assets, where banks typically do not support holding or spending crypto directly. Its platform integrates with partner wallets and exchanges through developer tools that embed card issuance, payment processing, and multi-chain conversion functionality, allowing a partner's users to spend digital assets at merchants while assets remain in self-custody. Its infrastructure powers co-branded debit card programs and a consumer-facing spending app operated under a separate brand, alongside a broader suite of payment, remittance, and lending services offered to partner businesses. These products are used by cryptocurrency wallet providers, exchanges, and other fintech companies seeking to offer spending and borrowing features to their own customers. Baanx has been consolidating parts of its payments infrastructure business with another payments provider as part of an ongoing corporate restructuring. - Type: Company - Sector: Payments - Status: Acquired - Founded: 2018-01-01 - Profile: https://thegrid.id/profiles/baanx ## Products - [Baanx Platform](https://thegrid.id/profiles/baanx): Baanx Platform provides self-custody payment infrastructure through card programs, asset conversion, and banking services. The system processes real-time crypto-to-fiat conversions while maintaining user control of private keys through smart contract technology. (Financial Services Platform, Inactive/Support Ended, Main Product) ## Assets - [Baanx (BXX)](https://thegrid.id/profiles/baanx): BXX is the utility token of the Baanx ecosystem. It is used to earn rewards on Crypto Life Card purchases and to unlock increased levels of interest-free spending and higher loan-to-value packages when staked. The token was developed by Baanx to enhance the Crypto Life ecosystem, allowing users to access lending services and payment features while maintaining self-custody of their digital assets. (Utility) ## Links - [Main](https://www.baanx.com) - [Terms of Service](https://cdn.prod.website-files.com/679758c14272c334b6975a26/67ed139f59c727d6e69de3ea_CL%20Platform%20Terms%20of%20Use%20-%20Monavate%202025.pdf) - [Twitter / X](https://x.com/baanxgroup) - [LinkedIn](https://linkedin.com/company/baanxgroup) - [Telegram](https://t.me/Baanx_BXX) - [Instagram](https://instagram.com/baanx_app) - [Facebook](https://facebook.com/baanxgroup) - [Reddit](https://www.reddit.com/r/Baanx_BXX) ## Relationships - [Exodus](https://thegrid.id/profiles/exodus): Parent organization - [Crypto Life](https://thegrid.id/profiles/withcl): Subsidiary ## Legal This data is provided under two licensing models. Model 1 - open data. 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