Binance U.S. Stock Product Posts $143M Daily Volume
Binance's new service offering access to U.S. stocks and tokenized equities has seen significant early adoption, averaging approximately $143 million in daily trading volume during its first nine days of operation. The product, which launched on June 1, 2026, for eligible users outside the United States, provides access to over 7,000 U.S. stocks and ETFs, allowing fractional trading with zero commission and funding through supported cryptocurrencies. Total turnover surpassed $1 billion in that initial period.
The early volume notably exceeds the peak daily volume of the broader tokenized equity market, which has been estimated at $35 million to $40 million. This suggests strong demand from traders on crypto platforms seeking exposure to traditional equities. Daily active traders on Binance's platform peaked at 30,700, with total value locked nearing $400 million.
The offering operates through a dual structure. The primary service provides direct access to real fractional shares through a partnership with a regulated broker-dealer, facilitated by Binance's entity in the Abu Dhabi Global Market (ADGM). Subsequently, on June -11, Binance launched "bStocks," tokenized certificates...