Binance announced plans on Monday to let users outside the United States trade more than 7,000 U.S. stocks and exchange-traded funds (ETFs), alongside a new tokenization feature that would convert equities into blockchain-based assets. The initiative is part of the exchange’s push to evolve into a “multi-asset financial super app.”
Zero-Commission Stock Trading For Non-U.S. Users
Binance said the stock service targets investors outside the U.S., where access to American equities can be costly and complex. Co-CEO Richard Teng told Fortune the offering is designed to reduce friction by combining zero commissions with fractional shares starting at $5.
- Access to 7,000+ U.S. stocks and ETFs
- Zero-commission trading for non-U.S. users
- Fractional share purchases from $5
According to Binance, users will be able to fund stock purchases with stablecoins including USDC and USDT, as well as select cryptocurrencies such as BNB.
How The Service Will Operate
Binance said broker-dealer Nest Trading will support execution. New York-based Alpaca is expected to provide custody and facilitate dividend payments and corporate actions. The company did not disclose a launch date but indicated the rollout would begin “soon.”
‘bStocks’ Tokenization On BNB Chain
Alongside the trading rollout, Binance introduced “bStocks,” a mechanism to tokenize certain equities purchased through the platform. The company said the feature will create a synthetic, digital token representation of eligible stocks on the BNB blockchain, with functionality expected in the coming weeks.
Binance added that, unlike some prior approaches in the market, bStocks is intended to let customers initiate the tokenization process for eligible holdings, rather than relying solely on preset conversion options.
Market Reaction And Competitive Context
Reactions across crypto trading circles were swift. On X (formerly Twitter), analyst Zero Kyle suggested the move could intensify competition for decentralized exchange Hyperliquid, noting that while the expanded access may not mirror 24/7 trading models, it could still pressure market share. The analyst said the development may not be negative for the HYPE token specifically but could challenge Hyperliquid’s exchange business.
BNB, Binance’s native token, traded around $692 at the time of publication, down roughly 2.3% on the day amid a broader market pullback.