Binance U.S. stock service reaches $400M AUM in one week

Binance’s U.S. stock-trading service reached more than $400 million in assets under management one week after launching on June 1. The platform opened access to over 7,000 U.S.-listed stocks and exchange-traded funds for eligible customers outside the United States, with zero commission and fractional shares starting at $5.

Customers can fund purchases with the stablecoins tether (USDT), usd coin (USDC) or Binance’s native token BNB. Binance confirmed that the underlying equities are held by a U.S.-regulated clearing broker and that customers who buy shares remain eligible for dividends and corporate actions. The company presented the offering as a single interface for users who hold funds in crypto wallets, allowing trading without separate brokerage accounts and settlement outside traditional banking hours.

Binance has previewed tokenized versions of selected U.S. stocks and ETFs called Bstocks. Users would mint Bstocks by converting eligible shares into digital tokens on BNB Chain. The tokens are designed for near-instant settlement and to be usable in decentralized finance applications, enabling round-the-clock trading, on-chain collateral use and transferability within the BNB ecosystem.

Bstocks are planned to be issued by BTECH Holdings Ltd, a special purpose vehicle registered in the Abu Dhabi Global Market. The product remains subject to regulatory approvals and is expected to launch in the coming weeks rather than at the initial stock service rollout.

Market figures show tokenized equities rose from under $300 million at the start of 2025 to about $1.5 billion recently. Binance Research projects tokenized assets could reach $1.6 trillion by 2030 under modest adoption assumptions. The broader tokenized asset market, driven largely by tokenized Treasury products, has reached roughly $34 billion.

U.S. regulatory developments are a key factor for tokenized securities. Regulators are working on clearer frameworks and market participants expect the next 12 to 18 months to be an active period for rulemaking. The current Bstocks structure uses an offshore SPV and would change if U.S. regulatory pathways become available.

The $400 million figure reflects initial inflows in the first week after launch; it does not indicate whether those inflows will be sustained beyond launch-week activity. Binance’s offering places it in competition with crypto-native firms and traditional brokerages that are expanding ways to combine equities and digital assets.