Binance Adds Stock Options to One-Stop Shop
Binance is taking another step into traditional finance (TradFi) by introducing physically settled stock options on over 1,000 US equities. The move is part of its push to offer a full range of financial products under one roof.
The new offering will be available to eligible users outside the US and will work as follows: Binance will provide customer-facing access, Nest Trading Limited will introduce the orders to Alpaca Securities LLC for execution, clearing, and settlement. If physical settlement produces shares, Alpaca will hold them on behalf of the user.
This is not the first time Binance has ventured into TradFi; it already offers direct US stocks, tokenized securities (bStocks), and equity-linked perpetuals. However, this new addition provides a more regulated route to equity exposure for users.