The end of
#WallStreet traditional?
Binance launches trading for 7,000 U.S. stocks and prepares to leap into the DeFi ecosystem
Commission-free U.S. stocks, 24/5, and ready for the DeFi world
In a strategic move that completely blurs the line between traditional finance (TradFi) and digital assets,
#Binance has launched trading for over 7,000 U.S. stocks and ETFs for its global users (excluding the U.S.).
The service offers commission-free trades and allows buying fractional shares starting at $5 USD. Users will be able to fund their accounts using stablecoins (USDC, USDT) and assets like
#bnb Infrastructure and Custody: To ensure compliance and operational efficiency, Binance partnered with Nest Trading (for brokerage) and Alpaca (based in New York, responsible for custody, dividends, and corporate events).
Time Flexibility: Breaking the mold of traditional banking, the platform will allow trading up to 24 hours a day, 5 days a week (24/5) on selected stocks, offering three market windows: Regular Trading Hours (RTH), Extended Hours (ETH), and 24-hour Trading.
The bridge to DeFi (bStocks): In the coming weeks, Binance will introduce bStocks, a feature that will allow tokenizing these stocks on the BNB Chain. This will enable nearly instant settlements and the ability to use stocks within the DeFi ecosystem for lending and liquidity provisioning.
This launch marks Binance's most ambitious return to the stock market after the closure of its tokenized stock program in 2021 due to regulatory pressure. Additionally, it solidifies Binance's strategy to become a global "super app" financial platform.
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