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[BUSINESS] · United States · 2 sources

Binance US Stock Trading Hits $1 B in Nine Days

Binance launched its U.S. stock trading product on June 1, 2026, allowing eligible users outside the United States to trade more than 7,000 U.S. stocks and ETFs with fractional shares, zero commission and 24/7 market access. In the first nine days the platform recorded over $1 billion in total traded volume, an average daily volume of $143 million and peaked at 30,700 active traders. The service’s assets under management surpassed $400 million.

The early figures dwarf the tokenized‑stock spot market, whose peak weekday volume was $35‑$40 million and whose total market cap is about $1.16 billion. Binance’s offering also spurred growth in equity‑linked perpetual contracts, which rose from roughly 10 % to 40 % of traditional‑finance perpetual volume by month‑end. Semiconductor and AI‑hardware firms dominated trading, with Marvell alone accounting for nearly 15 % of total volume. Binance’s dual approach—real‑share brokerage and tokenized “bStocks” on‑chain—places it at the forefront of crypto‑based equity access.

Sources

about 2 months ago