Binance's Stock-Linked Futures Trading Volume Surges 15-Fold to $445 Billion
Binance's stock-linked perpetual futures trading volume has surged 15-fold to $445 billion in six months, according to Bloomberg data cited by Wu Blockchain. This massive increase reflects a growing demand among crypto traders for derivatives linked to conventional financial instruments.
The surge is attributed to Binance offering options linked to over 1,000 U.S. stocks and ETFs through its Abu Dhabi-based entity, Nest Trading Limited. Order execution, clearing, and custody are handled by Alpaca Securities, a U.S.-registered broker-dealer.
This structure allows Binance to provide traditional asset exposure without directly operating a U.S. brokerage. However, regulatory risks remain as the exchange faces ongoing legal challenges in the U.S., including a settlement with the Department of Justice over anti-money-laundering violations and sanctions breaches.