Binance Launches Options on 1,000+ US Stocks as TradFi Perps Hit $433B Monthly Volume
What happened: Binance introduced physically settled options on over 1,000 US stocks and ETFs, including names like Tesla and Nvidia, for non-US users.
What happened: Binance introduced physically settled options on over 1,000 US stocks and ETFs, including names like Tesla and Nvidia, for non-US users. The new offering is routed through Nest Trading Limited (ADGM-regulated) and cleared by Alpaca Securities LLC, a US broker. In August, Binance's TradFi perpetual futures volume reached $433.4 billion—about 15 times January's $29.5 billion—driven mainly by equity-linked perps.
Why it matters: Binance's expansion into US equity derivatives for global users marks a significant step in its multi-asset strategy, leveraging regulatory arbitrage to offer products unavailable to US residents. The surge in TradFi perpetuals reflects growing demand for 24/7, crypto-style trading of traditional assets. This trend could challenge incumbent brokers and blur the lines between crypto and traditional finance, though regulatory scrutiny is likely to intensify.
Source: The Block