Binance is launching options trading on more than 1,000 US stocks and ETFs for eligible users outside the United States, extending its push into traditional finance. The physically settled contracts route through Binance's Abu Dhabi-regulated broker-dealer and a US-registered execution partner, arriving as tokenized equities and TradFi trading volume on crypto platforms surge.
Binance is expanding further into traditional finance by launching options trading on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States. The options are offered through Binance's Abu Dhabi-regulated broker-dealer, Nest Trading, with orders routed to US-registered Alpaca Securities for execution, clearing, settlement and custody.
Physically settled options build on existing equities lineup
The launch builds on Binance's existing equities offering of more than 7,000 US stocks and ETFs and adds to a growing lineup of traditional financial products on the platform. Unlike equity-linked perpetual futures, the new options are physically settled, meaning users who exercise them receive or deliver the underlying shares.
According to Binance, the expansion comes as trading in traditional financial products on the platform has accelerated, with TradFi perpetual futures volume reaching about $433 billion in August, roughly 15 times January's total.
Tokenized stock market expands as rivals push into equities
As crypto exchanges and traditional brokerages expand into tokenized ETFs and equities, the onchain stock market has grown sharply over the past year. Tokenized stocks now hold about $2.6 billion in distributed value, up from roughly $346 million at the same time last year, according to RWA.xyz data. Monthly transfer volume has also climbed 93% over the past 30 days to $25.1 billion, while the number of holders has surged 157% to nearly 2.5 million.
Rivals are moving in parallel. Last week, Coinbase brought its B20 tokenized equities to Base, giving eligible non-US users 24/7 access to onchain versions of stocks including Apple, Nvidia, Meta and Alphabet, which can also be integrated into DeFi protocols. Kraken pushed deeper into equities in August, opening access to more than 7,000 US-listed stocks for eligible European customers alongside its xStocks lineup. In July, Robinhood launched Robinhood Chain with a new generation of Stock Tokens available to eligible users in more than 120 countries.
Source: Cointelegraph.com News
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