Binance Partners with Alpaca for Revenue-Sharing Deal

Binance, a leading cryptocurrency exchange, has made public a significant partnership with Alpaca, a major provider of brokerage infrastructure in the US stock market.

According to the disclosure, Binance will receive a substantial share of Alpaca's revenue generated from its payment-for-order-flow fees and user stock lending. The revenue-sharing arrangement is expected to boost Binance's revenue as it expands its offerings beyond cryptocurrencies.