Binance has launched trading for more than 7,000 US-listed stocks and exchange-traded funds (ETFs) targeting customers outside the United States. This product rollout offers zero-commission trades and supports fractional share purchases starting at a $5 minimum. International users can fund their equity positions directly using digital assets, including USDC, USDT, and BNB.
To facilitate the infrastructure, introducing broker-dealer Nest Trading will route and arrange the share purchases, while New York-based Alpaca will handle custody, dividend distributions, and corporate actions. According to Co-CEO Richard Teng, the product addresses a significant accessibility gap, noting that while US equities account for over half of the global market, they remain costly and difficult to access for overseas retail investors.
The rollout serves as a central pillar of Teng’s “super-app” strategy and marks a major return to equity markets since Binance halted its previous tokenized stock program in 2021 due to regional regulatory friction. Alongside the stock launch, Binance announced “bStocks,” an upcoming on-chain feature enabling users to convert their equity holdings into tokenized assets directly on the BNB Chain. The bStocks framework promises near-instant settlement and compatibility with decentralized finance (DeFi) applications like lending and liquidity provisioning.
The move lands amidst a broader market surge for real-world assets (RWAs). Daily trading volume across tokenized equities hit an all-time high of $3.57 billion on May 19, driven largely by Binance and Hyperliquid, while rivals like Kraken and Robinhood have also launched competing equity products over the past year.
