
According to Binance disclosures, non-U.S. users can trade more than 7,000 U.S.-listed stocks and ETFs 24/5 from $5, as the launch of bStocks fuels debate over tokenization’s benefits and risks.
Binance has launched access for non-U.S. users to more than 7,000 U.S.-listed stocks and ETFs, with fractional purchases from $5 and payments supported in USDC, USDT, and BNB, according to the company’s announcement. Existing reporting describes the products as bStocks, or tokenized U.S. stocks and ETFs that provide market-linked exposure rather than direct ownership of the underlying securities. Binance’s disclosed structure uses Nest Trading Limited, a Binance-linked introducing broker licensed in Abu Dhabi Global Market, for order routing, while Alpaca Securities handles execution, clearing, settlement, and custody. Earlier reporting also noted that BNB briefly rose to 729 USDT after the launch was reported. The development has also prompted debate over tokenization, with cited experts split between viewing it as a way to expand access and efficiency or as a source of added operational and market risk. A fee discrepancy remains unresolved in prior coverage, with one version citing zero-commission trading and another citing minimum order fees of at least $0.35 per order or 10 basis points on orders above $350.