Binance will list trading for over 7,000 U.S. stocks and ETFs and plans to launch tokenized stocks.
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Binance will list trading for over 7,000 U.S. stocks and ETFs and plans to launch tokenized stocks.
According to Fortune, Binance announced it will offer non-U.S. users trading of over 7,000 U.S. stocks and ETFs, and plans to launch its self-initiated tokenized stock product, bStocks, in the coming weeks.
Navigating Web3 tides with focused insightsTechFlow reports that on June 1, according to Fortune, Binance announced it will offer non-U.S. users trading access to over 7,000 U.S. stocks and ETFs, and plans to launch its self-custodied tokenized stock product—bStocks—within the coming weeks.
Richard Teng, Binance’s Co-CEO, stated that users can purchase stocks using digital assets such as USDC, USDT, and BNB, with support for fractional shares starting at $5 and zero commissions. Nest Trading provides brokerage and execution services, while Alpaca handles custody, dividend distribution, and corporate actions.
Binance stated that bStocks will transform traditional stock ownership into programmable, 24/7 operational on-chain tokenized assets.
