Binance is expanding further into traditional finance by launching options trading on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States.
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 and adds to a growing lineup of traditional financial products available through the platform.
Unlike equity-linked perpetual futures, the options are physically settled, meaning users who exercise them receive or deliver the underlying shares.
According to Binance, the expansion comes as trading in traditional financial products on the platform has accelerated, with TradFi perpetual futures volume reaching about $433 billion in August, roughly 15 times…