Binance Expands Into U.S. Equities With Zero Commission Trading
Binance has officially launched commission-free trading for over 7,000 U.S.-listed stocks and ETFs, marking a significant step in its ambition to become a multi-asset financial platform. The new service, announced on June 1, 2026, allows eligible users to trade equities 24/5, purchase fractional shares starting at $5, and earn passive income through securities lending.
Trading will be conducted through Binance’s broker-dealer, Nest Trading Limited, based in the Abu Dhabi Global Market (ADGM). This move positions Binance in direct competition with Coinbase and Kraken, both of which have introduced similar equities trading services over the past year. Coinbase began offering commission-free U.S. stock and ETF trading in December 2025, while Kraken launched access to 11,000 stocks and ETFs in April 2025.
Push for Tokenized Equities
In addition to traditional equities, Binance plans to roll out tokenized stocks, branded as bStocks, in the coming weeks. These blockchain-based securities will represent U.S. stocks and ETFs, issued by BTECH Holdings LTD, a Special Purpose Vehicle (SPV) registered under ADGM regulations. However, this initiative is pending regulatory approval from the Financial Services Regulatory Authority of Ontario (FSRA).
Binance's co-CEO Richard Teng underscored the potential of tokenized equities: “Tokenization has the potential to reshape financial markets by giving users greater control, more flexibility, and ultimately more financial freedom.” This isn’t Binance’s first venture into tokenized stocks; the company initially launched the service in April 2021 but suspended it months later due to regulatory challenges in jurisdictions like the UK and Germany.
Earlier in 2026, Binance reintroduced tokenized U.S. stocks through a partnership with Ondo Finance, allowing for 24/7 on-chain trading and collateralization in decentralized finance (DeFi) applications. While these assets have seen growing adoption, they remain inaccessible to U.S. customers due to regulatory restrictions.
Wider Market Context
The tokenized equities market has gained significant traction, surpassing $1 billion in total market capitalization by early 2026. Ondo Finance alone reported cumulative trading volumes exceeding $11 billion since its debut in late 2025, highlighting growing demand for digital securities. Binance’s latest expansion comes as other exchanges like Bitget and Bitpanda also push into tokenized stock and ETF offerings, aiming to merge traditional and digital asset markets.
Binance’s broader strategy reflects an industry-wide shift toward creating “super apps” that integrate multiple asset classes into a single trading platform. By combining traditional stocks, ETFs, and tokenized assets, Binance aims to attract both retail and institutional users seeking seamless access to diverse financial instruments.
Next Steps
The immediate launch of U.S. stock and ETF trading is just the beginning for Binance’s multi-asset expansion. The introduction of bStocks, once regulatory approval is secured, could further solidify Binance’s position as a leader in the tokenized equities space. This development is worth watching closely, as it has the potential to redefine the intersection of traditional finance and blockchain technology in the coming months.