Binance Opens US Stocks Trading to Non-US Users in Super App Push, Previews Tokenized bStocks on BNB Chain

Binance launched 7,000+ US stocks and ETFs for non-US users with zero commissions and stablecoin funding, while previewing bStocks tokenization on BNB Chain in coming weeks.

Binance, the world’s largest cryptocurrency exchange by trading volume, launched trading on more than 7,000 US-listed stocks and ETFs on Monday for eligible users outside the United States, with zero commissions, fractional shares starting at $5, and 24/5 market hours. Customers can fund positions using USDT, USDC, BNB, or other supported cryptocurrencies, with a minimum platform fee of $0.35 per order and a 10 basis point fee on trades above $350.

The infrastructure runs through traditional finance partners. Nest Trading Limited, a broker-dealer regulated by Abu Dhabi Global Market, will route and execute orders. New York-based Alpaca will handle custody of the underlying shares, dividend payments, and corporate actions. US users remain blocked from the new service due to American securities rules.

This story is an excerpt from the Unchained Daily newsletter.

The launch lands alongside a forthcoming feature called bStocks, which will let customers tokenize their equity holdings on BNB Chain in the coming weeks. The tokenized securities will be issued by BTECH Holdings Ltd, a Special Purpose Vehicle registered in the Abu Dhabi Global Market.

“We have set out to reach the next 3 billion users, and to do that, we need to make it simpler for users to access opportunities across asset classes, diversify their portfolios, and move more easily between traditional investing and onchain finance,” Binance co-founder and co-CEO Yi He said in the announcement. Co-CEO Richard Teng told Fortune that US equities represent more than half of the global market but remain difficult to access for investors in many overseas markets.

The tokenization play represents Binance’s most direct attempt to bridge TradFi and crypto into a single platform. Where Kraken and Robinhood offer tokenized stock products purchased pre-issued, bStocks will let users initiate tokenization themselves on BNB Chain, with the tokens designed to be DeFi-compatible for lending and liquidity provision. Daily tokenized stock volume hit an all-time high of $3.57 billion on May 19, according to The Block’s data dashboard, with Binance and Hyperliquid accounting for the majority of activity. Total Q1 2026 tokenized stock volume topped $15 billion, beating the entire H2 2025 figure. Citi projects tokenized stocks could reach $2.6 trillion by 2030 against a current market of approximately $487 million.

The launch positions Binance directly against Robinhood, Schwab (which is reportedly eyeing 2027 for crypto spot trading rollout to advisors), and traditional brokerages globally. It also lands the same day that Robinhood closed its $180 million WonderFi acquisition, entering the Canadian crypto market. The race to build the “everything app” for trading is now a race between Binance, Coinbase, Robinhood, and TradFi platforms, with the winner likely defined by which can pull crypto, stocks, derivatives, prediction markets, and tokenized assets into one regulated framework first.