Binance offers commission-free US stock trading, plans bStocks
Binance launched commission-free trading of 7,000+ U.S. stocks and ETFs for eligible users, with fractional shares from $5, 24/5 access and planned tokenized bStocks pending FSRA approval.
Binance has launched commission-free trading of more than 7,000 U.S. stocks and exchange-traded funds for eligible users. The service offers fractional shares starting at $5 and provides access to a subset of equities on a 24/5 schedule. Execution of trades is handled by Nest Trading Limited, Binance’s broker-dealer registered in the Abu Dhabi Global Market.
Eligible customers must opt in and meet Binance’s onboarding and jurisdictional requirements. The platform allows securities and digital assets to be held in the same account for users who qualify under local rules.
The company plans to introduce tokenized U.S. stocks and ETFs, branded as bStocks, to be issued by BTECH Holdings Ltd, a special purpose vehicle registered in the Abu Dhabi Global Market. Binance expects the bStocks launch “in the coming weeks,” but the offering remains subject to approval by the Financial Services Regulatory Authority of Ontario.
Purchases of tokenized equities will settle primarily in Circle’s USDC stablecoin. The company will also accept Binance’s BNB, Tether’s USDT, World Liberty Financial USD (USD1) and United Stables (U) for purchases, while sales proceeds will be received in USDC.
Binance plans to permit eligible users to lend fully paid stock holdings through a Fully Paid Securities Lending program to earn income from lending fees.
Richard Teng, Binance co-CEO, described tokenization as “having the potential to reshape financial markets by giving users greater control, more flexibility, and ultimately more financial freedom.” He added that the company sees an opportunity to make assets “more accessible, more useful, and more connected across traditional and digital markets.”
Tokenized securities record ownership or economic exposure to traditional assets on a distributed ledger. Firms developing tokenized securities cite fractional ownership, faster settlement and extended trading hours as potential benefits. Fully Paid Securities Lending lets owners lend shares to other market participants in exchange for a fee while retaining certain ownership rights.
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