Binance launches options trading on over 1,000 US stocks and ETFs for non-US users
Quick Look
- Binance has launched options trading on more than 1,000 US stocks and ETFs for eligible users outside the United States through its Abu Dhabi-regulated broker-dealer Nest Trading, Nest Trading, with execution handled by US-registered Alpaca Securities.
- The physically settled options expand Binance’s traditional finance offerings, which saw TradFi perpetual futures volume reach $433 billion in August.
AI-generated summary
Why It Matters
Binance has been expanding its traditional finance offerings, including equities and perpetual futures, as part of a broader strategy to integrate crypto platforms with traditional markets. The growth in tokenized stocks and TradFi volume reflects increasing demand for hybrid financial products.
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 will be 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.
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 available through the platform.
Unlike equity-linked perpetual futures, the 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.
Related: Binance says employees questioned in UAE cleared and released
Tokenized stock market surges as exchanges expand offerings
As crypto exchanges and traditional brokerages expand into tokenized equities, the onchain stock market has expanded sharply over the past year.
Tokenized stocks now have 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.
The value of tokenized stocks. Source: RWA.xyz
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. The assets can also be integrated into DeFi protocols for uses such as trading and collateralized borrowing.
Kraken also pushed deeper into equities in August, opening access to more than 7,000 US-listed stocks for eligible European customers and placing them alongside its growing lineup of tokenized xStocks.
In July, US online brokerage Robinhood launched Robinhood Chain alongside a new generation of Stock Tokens available to eligible users in more than 120 countries.
What to Watch
AI outlook — possibilities, not facts
Binance will expand its traditional finance offerings to include more derivatives products in the coming months
Likely · Within months
Open Questions
- What specific eligibility criteria apply for non-US users to access these options?
- How will Binance ensure compliance with varying international regulations regarding derivatives trading?
- What fees will be charged for trading these options?
