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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 17 Views

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

The launch gives eligible non-US users access to physically settled options on more than 1,000 US stocks and ETFs through a single Binance account.

Binance is expanding further into traditional finance by launching options trading on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States.

The options will be offered through Binance’s Abu Dhabi-regulated broker-dealer, Nest Trading, with orders routed to US-registered Alpaca Securities for execution, clearing, settlement and custody.

The launch builds on Binance’s existing equities offering of more than 7,000 US stocks and ETFs and adds to a growing lineup of traditional financial products available through the platform.

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