Binance expands TradFi push with options on 1,000 US stocks, ETFs

Binance has expanded its traditional finance offerings by launching physically settled options for over 1,000 US stocks and ETFs, available to eligible non-US users. This service is facilitated through Binance’s Abu Dhabi-regulated broker-dealer, Nest Trading, with execution and custody handled by US-registered Alpaca Securities. Unlike equity-linked perpetual futures, these options allow users to receive or deliver the underlying shares upon exercise. This move follows a significant surge in demand for TradFi products on the platform, with perpetual futures volume reaching $433 billion in August. The broader RWA market is experiencing rapid growth, with tokenized stock distributed value rising to $2.6 billion from $346 million year-over-year. Monthly transfer volumes for these assets have climbed 93% to $25.1 billion, while the holder count has increased by 157% to 2.5 million. This expansion highlights the intensifying competition among major crypto exchanges to bridge the gap between traditional equity markets and digital asset infrastructure.