Binance adds US stock trading in push beyond crypto

Summary

Binance has expanded into US equities for eligible users, offering trading in more than 7,000 stocks and ETFs with zero commission, fractional shares starting at $5, and 24/5 access for select names. The move is part of Binance’s effort to become a multi-asset financial “super app” and compete more directly with platforms like Coinbase, Kraken, and Bitpanda that are combining crypto and traditional markets. Binance also plans to launch tokenized US stocks and ETFs under a product called bStocks, issued by BTECH Holdings in Abu Dhabi Global Market, pending regulatory approval. Purchases of tokenized equities will primarily use USDC, with support for BNB, USDT, USD1, and U, while sales proceeds will be paid in USDC. Eligible users may also earn passive income by lending stock holdings through Fully Paid Securities Lending.