Binance Expands TradFi Push with Options on 1,000 US Stocks and ETFs

Binance is expanding its presence in traditional finance by launching options trading on over 1,000 US stocks and ETFs. This move comes as part of the exchange's push into traditional financial products. The options will be offered through Binance's Abu Dhabi-regulated broker-dealer, Nest Trading, with orders routed to US-registered Alpaca Securities for execution, clearing, settlement, and custody.

The launch builds on Binance's existing equities offering of more than 7,000 US stocks and ETFs. It also adds to a growing lineup of traditional financial products available through the platform. The options are physically settled, meaning users who exercise them receive or deliver the underlying shares.