Launched on June 1 for non-U.S. users, the platform provides exposure to over 7,000 U.S. stocks and ETFs. By enabling fractional trading with zero commissions, Binance has attracted a peak of 30,700 daily active traders. Total value locked in the product has already climbed to approximately $400 million, while total turnover surpassed the $1 billion mark within the first nine days.
This growth arrives as the broader tokenized asset sector, which includes issuers like Ondo and Backed, maintains a market capitalization of roughly $1.16 billion. Unlike earlier iterations of tokenized stocks—which often suffered from limited liquidity and narrow trading activity—Binance is leveraging its existing crypto rails to facilitate 24/7 trading. Users can convert equity holdings into tokenized assets, allowing them to move securities into self-custody wallets or deploy them within approved decentralized finance applications.

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