Binance launches fully paid securities lending service for stock holders
The FPSL program lets users lend out shares to earn passive income through a traditional securities-lending mechanism commonly used by short sellers, arbitrage desks and market makers.
Fact Check
The official @binance X account confirmed 'Fully Paid Securities Lending (FPSL) is now live. Earn passive income by lending out your stocks' on 2026-06-11. Binance's own Square announcement describes FPSL as letting users lend fully-owned securities to market participants for yield, enabling shorting, arbitrage, and market-making—matching the claim's description of a traditional securities-lending mechanism used by short sellers, arbitrage desks and market makers. Independent securities-finance trade publications (Securities Finance Times, Finadium) corroborate the launch. The claim is fully supported by primary official sources.
Summary
Binance said its Fully Paid Securities Lending, or FPSL, service is now live, allowing users to lend out stocks and earn passive income. The mechanism is widely used in traditional finance, where brokers or custodians match investors willing to lend idle securities with institutions seeking inventory for short selling, arbitrage or market making.
Terms & Concepts
- Fully Paid Securities Lending: A service that lends fully owned securities to other market participants for a fee.
- short selling: A trading strategy that bets a security’s price will fall.
- market making: Providing buy and sell quotes to support trading liquidity.