According to reports from PRNewswire and The Block, Binance today introduced US equities trading, giving eligible users access to more than 7,000 US-listed stocks and ETFs. The world's largest crypto exchange framed this launch as a step toward becoming a multi-asset financial super app, with the platform powered by Alpaca's broker API infrastructure. Customers can now buy fractional shares starting at $5, with zero commission, using stablecoins or the exchange's own token. Co-CEO Richard Teng explained that US stocks make up well over half of global equities, yet many overseas buyers face high costs and friction when accessing them. The platform will offer 24/5 trading hours, allowing customers to trade during extended market hours, with a minimum platform fee of $0.35 per order. Eligible users will have direct ownership of the equities held by a U.S.-regulated clearing broker, including eligibility for applicable dividends and corporate actions.
As reported by PRNewswire and The Block, Binance has disclosed a minority stake in Alpaca as part of the expanded US stock trading service. The agreement includes 50% of Alpaca's payment for order flow fees and 65% of remaining profit from user stock lending after interest is paid to users. Share purchases on Binance will be arranged by a broker-dealer called Nest Trading Limited, while Alpaca Securities handles execution, clearing, settlement and custody. Customers can pay using the stablecoins USDC, USDT, BNB, USD1, and $U, with sale proceeds received in USDC. For transactions above $350, a 10-basis-point fee will be charged. Alpaca was chosen as the infrastructure partner due to its API-based flexibility, product diversity and capabilities, and ease of integration. As a regulated, self-clearing broker-dealer, Alpaca provides the tech stack to power Binance's expansion into new investment products.
According to PRNewswire and The Block, Binance will soon introduce bStocks, tokenized securities representing select US stocks and ETFs, issued by BTECH Holdings Ltd, a Special Purpose Vehicle (SPV) registered in the Abu Dhabi Global Market (ADGM). Once launched, bStocks tokenized securities will be available for trading on Binance Exchange in the coming weeks. The planned service would create synthetic versions of selected stocks in token form, allowing continuous on-chain access and possible use in decentralized finance applications. The product will provide near-instant settlement compared to the one-day-plus clearing timelines of conventional stock trading, with tokens potentially used in DeFi applications including lending and liquidity provision. Binance's version is potentially unique in that it promises to let customers initiate the tokenization process themselves, unlike other companies including Kraken and Robinhood that have launched similar offerings over the past year. The company said bStocks may support use cases such as lending and liquidity provision, with the product not yet launched and Binance not listing all supported equities.
As reported by PRNewswire and The Block, Binance will offer Fully Paid Securities Lending (FPSL), allowing eligible users to earn passive income by lending their stock holdings. Users can join fully paid securities lending from June 4, 2026. The launch reflects Binance's belief that financial inclusion grows meaningfully when access to opportunities becomes simpler and more integrated. By reducing friction around how users access and hold major traditional assets, Binance is building on an approach already proven in products like perpetual futures. The exchange will offer a native bridge from traditional stock ownership to programmable, always-on tokenized assets at a global scale that few others can match, unlocking mobility and utility for real-world equities within and beyond the Binance ecosystem. Users can also manage cross-border capital allocations using stablecoin funding options, primarily with USDC, with additional support for BNB (previously Binance Coin), USDT, USD1, and $U.
According to The Block, the launch marks Binance's most substantive equity push since it shut down an earlier tokenized-stock program in 2021 amid regulatory pressure in Germany, Hong Kong, and other markets. The exchange re-entered the space in February, reportedly listing ten tokenized U.S. stocks and ETFs via a partnership with Ondo Finance. The stock-trading rollout is also squarely in line with the super-app vision Teng laid out in an in-depth interview with The Block in April. Tokenized equities are already a multi-billion-dollar market heading into the launch, with daily trading volume across tokenized stocks and ETFs hitting an all-time high of $3.57 billion on May 19, according to The Block's data dashboard, with Binance and Hyperliquid accounting for the majority of that activity. Alpaca has become a major infrastructure provider for tokenized U.S. stocks and ETFs, holding about 94% market share in this segment, according to prior data.
