Binance Co-CEO Richard Teng has officially launched trading for more than 7,000 U.S. stocks and exchange-traded funds (ETFs) for eligible non-U.S. users. The service, which went live on Monday, June 1, 2026, allows international investors to access traditional equities markets directly through the world’s largest cryptocurrency exchange. This launch is a central pillar of the firm’s ambition to transform into a multi-asset financial “super app” that bridges the gap between digital assets and traditional financial instruments.
The new trading infrastructure relies on Nest Trading Limited, a Binance-owned entity registered in the Abu Dhabi Global Market (ADGM) on January 5, 2026. Nest Trading acts as the introducing broker, routing orders to New York-based Alpaca Securities LLC. Alpaca handles the execution of trades, custody of shares, and the distribution of dividend payments. By utilizing this framework, Binance enables users to purchase fractional shares with a minimum investment of just $5.
Users can fund their stock and ETF purchases using a variety of digital assets, including USDC, USDT, BNB, USD1, and $U. While multiple tokens are supported, the platform primarily uses USDC for the underlying purchase at the time of order submission. Furthermore, all proceeds from the sale of securities are credited back to the user’s account in USDC. This integration of stablecoins helps streamline the transition between crypto holdings and traditional market exposure.
Fee structures and beneficial ownership for global traders
Binance is targeting retail and professional traders by offering zero commissions on stock and ETF trades. However, a minimum platform fee of $0.35 per order applies to every transaction. For larger trades, specifically those exceeding $350, the company implements a fee structure of 10 basis points. These costs are designed to keep the U.S. equities market accessible to overseas investors who have historically faced high entry barriers.
Despite the digital interface, users maintain the status of “beneficial owners” of the securities they purchase. This designation ensures they enjoy dividend rights and can participate in corporate actions as shareholders. To improve capital efficiency, investor sentiment remains high as the platform prepares to launch Fully Paid Securities Lending (FPSL) on June 4, 2026. This feature will allow users to lend out eligible fully paid securities to earn additional yield.
The timing of this launch coincides with broader shifts in how digital asset platforms manage liquidity and user retention. As interest in institutional crypto products like spot BNB ETFs continues to grow, providing a 24/5 trading environment for certain traditional securities helps Binance align itself with the “always-on” expectations of the modern crypto community.
The upcoming rollout of tokenized bStocks on BNB Chain
Following the initial stock trading launch, Binance Co-founder Yi He and the executive team are planning to roll out “bStocks” in the coming weeks. These bStocks function as a tokenization layer, allowing users to convert certain equities they own into digital tokens on the BNB Chain. These assets are issued by BTECH Holdings Ltd, a Special Purpose Vehicle (SPV) registered in the Abu Dhabi Global Market.
Technically, bStocks are classified as certificates representing certain financial instruments rather than direct legal ownership of the underlying company shares. This distinction allows the assets to remain programmable and compatible with decentralized finance (DeFi) protocols. Traders could potentially use these tokens for lending or liquidity provision within the blockchain ecosystem, though the rollout remains pending approval from the Financial Services Regulatory Authority (FSRA).
The introduction of 7,000 U.S. equities provides a defensive option for users when crypto markets face volatility. By keeping capital within the same account used for digital assets, Binance aims to simplify wealth management for the non-U.S. public. However, the exchange maintains strict compliance rules; bStocks and the broader stock platform are not accessible to U.S. persons or those located within the United States.
Regulatory oversight and multi-asset vision
Richard Teng has emphasized that the goal of this expansion is to reduce the cost and difficulty for overseas investors to access the U.S. equities market. Currently, U.S. stocks account for over half of global equity value, yet international retail access has often been fragmented. By combining the regulatory oversight of the ADGM with the clearing capabilities of New York’s Alpaca Securities, Binance is attempting to build a standardized gateway for global wealth.
The integration of traditional stocks with stablecoin-based settlement allows for rapid capital reallocation. For instance, if a user observes a breakdown in Ethereum price trends, they can now rotate that capital directly into a traditional U.S. ETF without moving funds to an external brokerage. This functionality reinforces the strategy of becoming a central hub for all financial activity.
As the rollout progresses, the success of the bStocks initiative will depend on final FSRA approvals in the coming weeks. For now, the availability of thousands of U.S. stocks marks a transition for Binance from a pure cryptocurrency exchange into a comprehensive financial services provider. The focus remains on bridging traditional stock ownership with programmable, always-on tokenized assets for a global audience.
