More than 7,000 U.S.-listed stocks and ETFs are now accessible to qualified customers thanks to Binance’s introduction of U.S. equities trading. The launch underlines Binance’s belief that as opportunities become easier to access and more integrated, financial inclusion increases significantly. In keeping with its goal of becoming a multi-asset financial super app, Binance will soon launch tokenized U.S. equities.
“We have set out to reach the next 3 billion users, and to do that, we need to make it simpler for users to access opportunities across asset classes, diversify their portfolios, and move more easily between traditional investing and on-chain finance,” said Yi He, co-founder and co-CEO of Binance. “That is what a multi-asset financial super app should help people do.”
The new product, which is made possible by Binance’s ADGM broker-dealer, Nest Trading Limited, broadens Binance’s multi-asset platform by combining tokenization with U.S. equity trading into a single user experience. Binance is expanding on a strategy that has previously been shown in products like perpetual futures by lowering barriers to consumers’ access to and ownership of significant conventional assets.
In addition to having direct ownership of the stocks held by a U.S.-regulated clearing broker and being eligible for appropriate dividends and corporate actions, eligible users will be able to trade U.S. equities with no fee and buy fractional shares for as little as $5. Additionally, certain stocks will be traded around-the-clock. USDC will be the primary currency used for purchases, with support for BNB, USDT, USD1, and $U. USDC will also be used to collect sale proceeds. By lending their stock holdings, qualified customers will be able to generate passive income via Fully Paid Securities Lending (FPSL).
In the next weeks, Binance will also launch bStocks, tokenized securities issued by BTECH Holdings Ltd., a Special Purpose Vehicle (SPV) established in the Abu Dhabi Global Market (ADGM), that reflect certain U.S. companies and ETFs, pending regulatory permission. Tokenized securities from bStocks will be traded on the Binance Exchange when they are introduced.
Binance will provide a natural bridge from conventional stock ownership to programmable, always-on tokenized assets on a global scale that few others can match, since it is the biggest digital assets exchange by trading volume and users. This enables ongoing on-chain access and possible DeFi applications, like as lending and liquidity supply, for real-world stocks both within and outside of the Binance ecosystem.
“Tokenization has the potential to reshape financial markets by giving users greater control, more flexibility, and ultimately more financial freedom,” said Richard Teng, co-CEO of Binance. “We see a significant opportunity to make financial assets more accessible, more useful, and more connected across traditional and digital markets.”
