Binance has made significant strides in expanding its services by launching commission-free trading for over 7,000 US stocks and exchange-traded funds. This move marks the latest step towards becoming a multi-asset financial platform, allowing users to trade traditional financial assets alongside cryptocurrencies on a single platform.
The new service is offered through Nest Trading, Binance's broker-dealer based in the Abu Dhabi Global Market. Eligible users can now buy and sell equities with zero commission, purchase fractional shares from as little as $5, and access selected stocks on a 24/5 trading schedule.
Binance Co-CEO Richard Teng emphasized that tokenisation has the potential to reshape financial markets by giving users greater control, more flexibility, and ultimately more financial freedom. The company plans to take this further with the launch of bStocks, tokenised securities representing US stocks and ETFs, which will be primarily settled using USDC.