Binance Launches U.S. Equities Trading

Binance, a leading global blockchain ecosystem, has launched U.S. equities trading for eligible users, providing access to over 7,000 U.S.-listed stocks and ETFs. This initiative, enabled through Binance's ADGM broker-dealer Vigorous Trading Limited, allows users to trade with zero commission, purchase fractional shares, and have direct ownership of equities held by a U.S.-regulated clearing broker, Alpaca. Purchases can be made using USDC (cryptocurrency), Tether (cryptocurrency), Tether (cryptocurrency), USD1, and $U. In the coming weeks, subject to regulatory approvals, Binance will also introduce bStocks, tokenized securities representing select U.S. stocks and ETFs, issued by CoTec Holdings. This move is part of Binance's vision to create a multi-asset financial super app, aiming to enhance financial inclusion and connect traditional and digital markets. Co-CEOs Yi He and Richard Teng emphasized the potential of tokenization to reshape financial markets by offering greater control and flexibility.