Binance Blog

Main TakeawaysBinance’s licensed operation in Brazil, through Sim;paul, has secured ISO/IEC 27001 and ISO/IEC 27701 certifications for information security and privacy management.The certifications were awarded by the British Standards Institution (BSI) following an independent audit of internal policies, operational controls, and governance systems.This milestone reflects Binance’s global efforts to ensure the highest standards of user protection, privacy, and responsible growth across key markets.Binance Brazil has secured two globally recognized certifications for its privacy and security programs, marking another important step in our commitment to protecting users and strengthening trust in Latin America’s largest economy.The ISO/IEC 27001 and ISO/IEC 27701 certifications were awarded to Sim;paul, Binance’s licensed operation in Brazil, by BSI following an independent audit. The assessment reviewed internal policies, operational controls, and governance systems related to information security and privacy management.These certifications provide external validation that Binance Brazil operates according to rigorous international standards for safeguarding information and personal data, and maintaining strong security governance.Raising the Bar for User Protection in BrazilAs crypto continues to mature, trust in this space is built not only through product innovation, but through consistent investment in security, privacy, compliance, and operational resilience. Certifications such as ISO/IEC 27001 and ISO/IEC 27701 help make those commitments measurable.ISO/IEC 27001 is one of the world’s leading standards for information security management systems. It sets out requirements for identifying, managing, and reducing information security risks through a structured framework of controls and processes.ISO/IEC 27701 extends this framework into privacy management, with specific controls around how organizations handle personal data. Together, the two standards cover a broad range of security and privacy domains, from access controls and risk management to data protection governance.Binance Brazil earning these certifications is a reflection of the continued maturation of our local operations, as well as the focus on giving users a platform they can trust.“These certifications reflect a commitment that runs across Binance globally and here in Brazil,” said Thiago Sarandy, Binance’s Country Manager of Brazil. “They represent external validation that our users in Brazil are protected by rigorous, audited standards of privacy and information security.”Part of a Global Security StrategyThe milestone in Brazil is part of Binance’s broader global security and compliance strategy. Similar certifications have already been secured in other key markets, including France, Japan, Bahrain, the UAE, Turkey, Thailand, and Kazakhstan.Across our global operations, we continue to invest in systems, people, and governance frameworks designed to protect users and support the sustainable growth of the digital asset ecosystem. This includes strong authentication measures, encryption protocols, privacy controls, cyber defense capabilities, and ongoing review of security and operational processes.Jimmy Su, Chief Security Officer of Binance, said the certifications are an important achievement, but also part of a continuous process.“We are proud of what this represents, but we see it as a baseline, not a finish line,” he said. “Our job is to keep earning user trust every day by strengthening the security and privacy governance needed to support the growth of this industry.”The certification process follows a three-year cycle and is conducted by an independent accredited auditor. This means maintaining certification requires continued adherence to the relevant standards over time, not just a one-time assessment.Final ThoughtsBinance Brazil’s ISO/IEC 27001 and ISO/IEC 27701 certifications mark another step in our long-term program of strengthening user protection, privacy, and responsible growth.As the digital-asset ecosystem continues to evolve, earning and maintaining trust will remain one of the industry’s most important priorities, and Binance will continue to invest in audited standards, robust governance, and secure infrastructure that can support the next phase of Web3 adoption in Brazil and beyond.Further ReadingBinance Appoints Thiago Sarandy as General Manager for BrazilBinance Pay Brings Instant Crypto-Powered Payments to Brazil via PixBinance Joins ABcripto Board to Support the Continued Growth of Brazil’s Digital-Asset Market

Main TakeawaysStablecoins have evolved from a crypto trading tool into a foundational settlement layer for global finance, now moving $76B per weekend at a pace rivaling a top global card payment company’s daily volume.Demand is evidently rooted in genuine need, as 87% of fiat currencies trade at a premium to acquire stablecoins, rising to a 62% premium in hyperinflation economies.As stablecoin volumes surge across the industry, activity concentrates on Binance at every layer – from $53B in reserves and $1.2B in distributed yield to a 47% share of the fast-growing $1.1T TradFi-perps market.As digital assets mature, stablecoins are moving from the margins of crypto trading into the core of the global financial system. Once used primarily to park value between trades, they now function as a critical settlement layer across markets, platforms, and geographies.At Binance, the shift is illustrated by data that shows how stablecoins are becoming foundational financial infrastructure, with adoption visible across every major part of the digital-asset ecosystem. A Binance Research report, featuring proprietary data and new insights, explores the driver behind that evolution and what they reveal about the growing role of stablecoins in global markets.Stablecoin Demand Rooted in Real-World NeedFor millions of people, stablecoins offer a reliable way to protect the value of their money. When local money steadily loses value, the priority is to preserve what you have in something stable.Figure 1: The Inflation Gradient – Stablecoin Premiums Rise with Currency RiskStablecoins meet that need directly, and the price users willingly pay proves it. Across Binance's user base, 87% of fiat currencies trade at a premium when used to acquire stablecoins, with users paying an average premium of 62% in hyperinflation economies. This is a sign that for many users, stablecoins have become less of a preference and more of a financial lifeline.Putting Stablecoins to Work – and Into the Real EconomyProtecting value is only half the story. Growing it with stablecoins isn't unique to Binance, but few platforms match our scale. Since 2022, Binance Earn has distributed approximately $1.2B in yield to more than 14 million stablecoin holders – turning a stable asset into a productive one.For holders who put their stablecoins to work, the returns far outpace traditional banking. On an annualized basis, Binance's RWUSD returned 3.36%, and its delta-hedging yield product BFUSD returned 2.09% – both well above the US national savings deposit rate of 0.38%, meaning eligible holders can earn up to 8.8 times of what banks pay.And on Binance, those same stablecoins can be spent as easily as they're saved. On Binance Pay, payment volume grew 114% year-on-year across 21 million registered merchants, with median merchant transactions rising from $10 to $18. This is a clear sign that stablecoins are moving beyond trading into everyday spending, and becoming part of how people live.Moving at the Scale of Traditional Payment NetworksStablecoins have become part of everyday life and a settlement layer that never closes. Industry wide, stablecoin transfers average $76B per weekend – roughly $38B per day, comparable to Visa's average daily volume of $40B and equal to 53% of the $71B weekday pace. The clearest proof comes from where traditional markets can't follow. Traditional-asset perpetuals add some $4B in weekend volume – demand that exists precisely because stablecoin markets stay open when nothing else does. This weekend activity is a window into a much larger shift: TradFi-linked perpetuals crossed $1.1T in aggregate volume in just five months, with Binance leading at approximately 47% market share at $500B.Binance, Where Trust and Reserves ConcentrateBinance is not just a venue where stablecoins are traded today, but one of the key platforms where major stablecoins achieved early scale. Between January 2020 and May 2021, roughly 60 cents of every newly minted USDT landed on Binance, and at its peak, more than half of all USDT in circulation sat on Binance. USDC also saw meaningful Binance concentration during its growth phases.Binance has historically played an important role in stablecoin adoption by providing liquidity, distribution, and real market utility.Funds in custody are the truest measure of trust, representing the value users choose to leave in one place. Stablecoin that users hold on Binance total approximately $53B, more than the next exchange by $42B, with market share rising from 54% to 57% since early 2025. When users decide where their value is safest to rest, they increasingly choose Binance.Speaking of rails, the decentralized BNB Chain now processes approximately 10 million stablecoin transactions per day across 15 million monthly active addresses – the largest of any network – accounting for an estimated 24% of all stablecoin activity by transaction count.Final ThoughtsToday, stablecoins move at the scale of the world's largest payment networks, are demanded across the vast majority of the world's currencies, settle 24/7 on-chain, and increasingly underpin traditional finance itself.Whether in the network, the reserves, the yield, the payments, or the bridge to traditional markets, activity continues to concentrate on Binance and BNB Chain. As stablecoins settle into their role as the backbone of global finance, Binance remains committed to building the infrastructure this role demands, and ultimately, the financial super app for all.Further ReadingCut the Costs, Open the Gates – Here’s How Binance Lowers the Friction on InvestingbStocks Hit $100 Million AUM Two Weeks After LaunchFrom Countdown to Liftoff: SPCX’s Full-Cycle Journey on Binance

Main TakeawaysbStocks allow eligible Binance users to convert supported U.S. stock positions into tokenized securities that trade 24/7 and can be withdrawn to compatible BNB Smart Chain wallets.Binance Research data shows that 44% of bStocks trading volume takes place outside regular U.S. market hours, highlighting demand for 24/7 access to tokenized equities.Three Binance users share how bStocks fit into their investing journey, whether taking a first step into gaining exposure on U.S. stocks or connecting existing equity portfolios with crypto.For many crypto users, investing in U.S. stocks has traditionally meant leaving the crypto ecosystem behind. Stocks lived on separate brokerage platforms, with different accounts, funding methods, and trading hours.Binance began closing that gap this year with direct stocks, giving eligible users access to more than 7,000 U.S. stocks and ETFs alongside their crypto holdings. It later expanded that offering with bStocks, allowing supported stock positions to be converted into tokenized securities that trade 24/7 on Binance Spot and can be withdrawn to compatible BNB Smart Chain wallets.For some users, that means exploring U.S. equities without opening a separate brokerage account. For others, it's about managing stocks and crypto side by side in the same app.We spoke with three Binance users about how bStocks fits into their investing journey – from first stock purchases to new ways of using crypto capital.Backing the Companies He AdmiresLong before Binance launched bStocks, AB was already investing in companies whose stories inspired him. An avid fan of technology, he followed Tesla, Starlink, and SpaceX for years.“Although I couldn't afford an imported Tesla, I bought Tesla stock to support a company I believed in,” he recalls.AB prefers building long-term positions rather than chasing short-term price moves. Binance's stocks, and later bStocks, made it easier to manage those investments alongside his crypto portfolio.“I can now see my entire investment portfolio in one app instead of constantly switching between different platforms,” he says.One of his first bStocks purchases was SPCXB, giving him tokenized exposure to SpaceX after he and his wife tried Starlink themselves.“I like investing in companies with stories that inspire me,” he says. “It helps me imagine where they could be years from now.”The Crypto Native Who Finally Tried StocksJason entered crypto in 2020, when NFTs, DeFi and DAOs were pulling in a wave of new users. Over time, it became his full-time professional focus. Stocks, though, were a different story.“It's not that I wasn't interested,” he says. “I just never wanted to deal with opening another brokerage account or learning a completely different platform.”Even as U.S. stocks grew popular among crypto users, he kept putting it off. “Every time I thought about trying stocks, I'd end up doing nothing because I was too lazy.”That changed when Binance launched direct stocks and bStocks. “At least the account-opening problem was solved,” he says. “So I thought, why not give it a try?”He started with NVIDIA, then added Intel and Micron – companies he already knew from years of following tech and crypto.“It's like a frog finally jumping out of a well,” he says. “Instead of exploring the wider world, it keeps looking at the same patch of sky.”Many crypto investors, he believes, naturally gravitate toward companies they already understand. Learning to invest in equities means learning to look past familiar names.“When we entered crypto, people always said you couldn't discover treasures in a new world using the old world's map,” he says. “The same is true when moving from crypto into stocks.”For Jason, direct stocks and bStocks make that shift possible – a new market, without leaving the platform he already knows.Putting Crypto Capital to WorkGuunercat had already been investing in U.S. stocks for several years before trying bStocks.He regularly traded U.S. equities through traditional brokerage platforms, but still had to manage his stock investments separately from his crypto holdings.“I wanted a simpler way to use my existing crypto capital to invest in U.S. companies,” he says.He had been looking for exposure to SpaceX, and when SPCXB became available, he decided to give bStocks a try. It became his first bStocks purchase.“The ability to invest in tokenized equities directly with USDT was what convinced me,” he says. “It bridged the gap between my crypto capital and my traditional investment goals.”Overall, he describes the experience as smooth and plans to continue using bStocks as more companies become available.Why 24/7 Trading MattersOne of the biggest differences between bStocks and traditional equity markets is that trading doesn't stop when the closing bell rings.According to Binance Research, around 44% of all bStocks trading volume takes place outside regular U.S. market hours, highlighting strong demand for around-the-clock access. While traditional exchanges close overnight and on weekends, users continue trading tokenized securities on Binance.Continuous trading also changes price discovery. Across three observed weekends, bStocks anticipated 87% of the eventual Monday opening moves and predicted the direction of the market with 96% accuracy, showing that prices continue to adjust even while traditional markets are closed.That flexibility can become especially valuable when major news breaks outside market hours. Binance Research found that holders of tokenized SpaceX shares were able to react to the company's acquisition of Cursor before U.S. markets opened, while tokenized Micron shares repriced within minutes of the company's earnings release after the closing bell. In both cases, bStocks reflected new information long before traditional markets reopened.For investors, that means opportunities are no longer limited to regular trading hours. Whether responding to breaking news, managing risk, or adjusting positions over the weekend, bStocks allow eligible users to trade when traditional markets cannot.Getting Started With bStocksReady to explore bStocks? Eligible users can access more than 7,000 U.S. stocks and ETFs through Binance's direct stocks platform, then convert supported positions into bStocks at a 1:1 ratio with zero conversion fees.Getting started only takes a few steps:Buy bStocks directly: Open the Binance app and go to [Trade] → [Spot] → [bStocks].Tokenize eligible stock positions: Open your Wallet and tap [Tokenize your Stocks] to convert supported holdings into bStocks.Manage your positions: Hold your bStocks on Binance, trade them 24/7 on Spot, or withdraw them to a compatible BNB Smart Chain wallet for self-custody.Whether you're investing in U.S. stocks for the first time or looking to bring your portfolio on-chain, bStocks offer another way to access traditional markets alongside your crypto holdings.Explore bStocks TodayFurther ReadingbStocks Tokenization: Free, Instant, and Works Both WaysWhy Tokenized Securities? A Look at bStocks vs. Traditional StocksIntroducing bStocks – Trade and Hold Tokenized 1:1 U.S. Stocks on BinanceDisclaimer: Content may include third party comments and opinions. Please note that: (a) all content is presented on an "as is" basis for general information purposes only, without representation or warranty of any kind; (b) such comments and opinions belong to these third parties, and do not purport to reflect the views, comments or opinions of Binance; and (c) correspondingly, their comments and opinions as expressed on our platform is not intended to be and shall not be construed as an endorsement by Binance. We shall not be liable or responsible for any errors or omissions, or for the results obtained from your use of such information. The content above shall not be construed as financial advice.Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.bStocks tokenized securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading tokenized securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents. Tokenized securities may be held and transferred on-chain outside the CSD environment. The transfer of tokenized securities back into the CSD environment is subject to conditions and you may be unable to trade, redeem or otherwise deal with the tokenized securities within the CSD environment if such conditions are not fulfilled.No information displayed in connection with tokenized securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. tokenized securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The tokenized securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in tokenized securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

Main TakeawaysBinance is celebrating its ninth anniversary on July 14, 2026, with a month-long “Built by You” campaign dedicated to the community that helped shape the platform.Users can complete tasks across 9 virtual Binance city landmarks in the app to earn rewards and unlock a final Bonus Rewards Drop from a pool of over $4.5M.The celebration extends beyond the app with global in-person meetups, games, giveaways, and community events throughout July.On July 14, 2026, Binance will turn nine. In typical Binance fashion, we’ve lined up a series of activities, in-person meetups, and special happenings to make sure our community can celebrate in style. Throughout July, you’ll be able to participate in events, engage with different Binance products, and earn your share of over $4.5M worth of rewards. But first, let’s take a moment to reflect on the past nine years and what we’re celebrating.Nine Years in the Making, Built by YouFor this year’s celebration, we’re not only celebrating how far the platform has come, but the people who made that growth possible. To everyone who has traded, earned, learned, paid, referred a friend, or simply believed – thank you. Binance’s success was Built by You. How to Earn Your Share of $4.5M Worth of RewardsWe’ve turned Binance's 9-year journey into 9 city landmarks, each one representing a part of the platform you use daily, from making your first deposit to trading crypto on Binance Spot. Your job is to complete one task at each landmark to light it up. Earn rewards from each landmark you light up. Light up all 9 landmarks to unlock the final reward.Step 1: Claim Your 9YA BonusVisit the campaign page to claim your 9YA Bonus — a personalized reward based on your BInance activity — and officially become a Builder. This is your entry into the campaign.Step 2: Complete Landmark TasksThe campaign page shows 9 Binance landmarks, each with its own task. Complete a landmark's task to light it up and earn its reward.Each landmark you light up adds a new chapter to your AI Builder Poster*, a personalized snapshot of your Binance journey. Start with any landmark and build at your own pace.*Sharing the Poster is optional and does not affect your eligibility or rewards. AI-generated content may contain errors or inaccuracies and should not be relied on as financial or investment advice. Products referred to may not be available in your jurisdiction. Step 3: Light Up All 9 to Unlock the Final DropComplete all 9 landmark tasks to unlock your final AI Builder Poster and your Bonus Rewards Drop. For more details, refer to our full announcement post.Come and Celebrate Nine Years of BuildingNine years ago, Binance started with a belief that the future of finance should be open, accessible, and shaped by the people who use it. We’re immensely grateful to have such a passionate community that has helped us build Binance to what it is today.We hope to see you in person at our global meetups! Don’t forget to grab your 9YA Bonus and start lighting up the city landmarks on the Binance app.Explore MoreFurther ReadingOne Account, Every Market: How Binance is Building a Multi-Asset Super AppHow Binance Serves Your Full Financial Journey: One Super App Instead of a DozenRichard Teng on Raj Shamani’s Figuring Out: The Future of Money, Wallets, and Financial Super AppsDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysFollowing the devastating floods that struck Accra, Binance Charity is standing with affected users and communities.Binance Charity is donating $35,000 in 15 USDT token vouchers to users in the hardest-hit regions, based on Proof of Address.Users have until July 20, 2026 (23:59 UTC+0) to complete their Proof of Address and qualify for the donation, with funds distributed within 30 days of POA completion.Following the devastating floods that struck Accra in June, Binance Charity is donating a total of $35,000 in 15 USDT token vouchers to help Binance users living in the areas affected by the tragedy.Users identified through Proof Of Address (POA) in the most affected areas — N1 Highway; Kasoa; Kwame Nkrumah Circle; Alajo; Tse Addo; Kaneshie; Adabraka; Tesano; Mallam; Weija; Achimota; Madina; Spintex; Darkuman — will each receive 15 USDT in token vouchers, redeemable via their Rewards Hub.We recognise that many users in the affected region may not yet have completed their POA. Therefore, existing users who do so between July 6, 2026 and July 20, 2026 (23:59 UTC+0) will also receive 15 USDT, subject to the total donation allocation. Any POA submissions after July 20, 2026 (23:59 UTC+0) will not be eligible for the airdrop.Users will receive funds in a maximum of 30 days from the day of their POA completion.About Binance CharityBinance Charity has previously supported communities affected by disaster across Argentina, Brazil, DRC, Italy, Libya, Mexico, Morocco, Taiwan, Turkey, Uganda, Ukraine, and VenezuelaAs recovery efforts continue in Ghana, we remain committed to standing with our users and will continue to work on additional ways to help our community. For more information, please visit our FAQ page.Further ReadingBinance Charity to Donate $3 Million to Support Users Affected by the Venezuela EarthquakesBinance Commits $250,000 to Support Frontline Ebola Disease ResponseHow Binance Charity's Flood Relief Effort in Japan Became a Blueprint

Main TakeawaysRichard Teng joined Raj Shamani’s Figuring Out podcast to discuss how blockchain, crypto, stablecoins, and AI are reshaping financial services.The conversation highlighted Binance’s evolution into a global financial super app, serving more than 320 million users with access to a growing range of digital financial products.Richard emphasized that the future of finance will be built around wallets, 24/7 access, faster settlement, lower-cost transfers, responsible innovation, and user education.Raj Shamani’s Figuring Out has become one of South Asia’s most influential long-form platforms for conversations on business and leadership, delivered in a format that speaks directly to a generation trying to understand how money, careers, and technology are changing.The latest episode brought together one of the region’s most recognizable business storytellers and one of the leading voices in the global crypto ecosystem – Richard Teng, Co-CEO of Binance – for a discussion on the future of financial services, why crypto is moving into the mainstream, and how Binance is building infrastructure for the next era of digital finance.Rethinking Financial Services From the Ground UpRichard opened the conversation by framing Binance not only as the world’s largest crypto ecosystem, but as a financial super app. In his words, Binance now gives users access to a growing suite of products that goes beyond crypto alone, including exposure to asset classes such as commodities, precious metals, stocks, and other emerging opportunities.Traditional financial services were built around banks, branches, limited market hours, expensive cross-border transfers, and multi-day settlement cycles. Blockchain and crypto offer a different architecture: global, always-on, programmable, transparent, and capable of near-instant value transfer.The remittance context illustrated the point especially vividly. Richard noted the scale of remittances globally and the cost burden that traditional rails can impose on families, workers, vendors, and businesses. Stablecoins and crypto, by contrast, can allow value to move faster and at far lower cost, potentially giving more money back to the people and businesses meant to receive it.Utility, Richard argued, is one of the strongest practical arguments for crypto adoption.From Bank Accounts to WalletsOne of the episode’s most important themes was Richard’s view that the wallet could become the central interface for financial life.Asked whether an 18-year-old today would still need a bank account, Richard said the answer depends on the market and the user, but the direction of travel is already visible. In the future, he argued, people may not necessarily need a traditional bank account in the way earlier generations did: what they will need is a wallet.Through a wallet, a user could receive salary, pay bills, send funds, invest across asset classes, access savings and yield products, and manage a diversified portfolio. Combined with AI, this wallet could become more intelligent over time, helping users navigate financial decisions, automate routine actions, and access opportunities that were previously difficult, slow, or unavailable.This is central to Binance’s super app narrative and its core idea of giving users one trusted, intuitive place to manage more of their financial lives in a world where the lines between crypto, traditional finance, payments, investing, and AI-powered automation are beginning to blur.Why Crypto Is Becoming MainstreamRichard also addressed why many prominent skeptics have changed their views on crypto. His answer was deeper understanding. Some of the world’s largest institutions and asset managers were once sharply critical of crypto, but many have since begun to recognize the underlying technology’s potential. Tokenized deposits, stablecoins, real-world asset tokenization, and blockchain-based settlement are increasingly part of serious conversations among banks, asset managers, regulators, corporates, and fintech companies.Most importantly, Richard made a point to clarify that cryptocurrency should not be regarded merely as a technology for a singular application. It is not only an alternative payment rail, a store of value, or an investment asset class; it can support payments, 24/7 settlement, tokenization, decentralized finance, cross-border transfers, and new forms of financial infrastructure. As he put it, the script is still being written.Trust, Regulation, and User ProtectionRichard also addressed one of the most important tensions in crypto: the same freedom that empowers users can also be abused by bad actors.He pointed out that scams and fraud are not unique to crypto. They exist across financial services and have become more sophisticated with the rise of digital technology and AI. The answer is to build stronger guardrails, invest in user protection, and educate people to act with caution.He highlighted Binance’s investment in anti-fraud systems, including the use of more than 100 AI models to detect suspicious activity and warn users before they make potentially risky transfers. He also stressed the importance of users doing their own research and taking responsibility for understanding where they put their money.Drawing on his own background as a regulator, Richard argued that smart regulation must balance risk management with innovation and growth. Regulation that eliminates all risk by eliminating all activity does not serve users or economies. The better path is to embrace new technology and build frameworks that protect users while allowing useful innovation to develop.AI x CryptoThe conversation then moved into AI and agentic finance. Richard described AI and blockchain as two of the most important technologies shaping the next generation of economic infrastructure.He explained that within Binance, AI is being used across the entire organization to improve efficiency. For users, AI can support analytics, market understanding, and eventually more advanced forms of agentic trading and payments. Richard was clear, however, that users must approach these tools with proper risk management.His broader point was that AI and crypto are likely to reinforce each other. As AI agents become more capable of acting on behalf of users, they will need fast, low-cost, programmable payment rails. Stablecoins and crypto are naturally suited to that environment because they can support small, instant, global transactions in ways that legacy payment systems often cannot.Building for UtilityToward the end of the conversation, Richard remarked that technologies and opportunities will continue to evolve, but products with sustainable utility and strong use cases will remain important.Binance’s vision of a financial super app is about building trusted and global financial infrastructure for a world where users expect money to move instantly and financial tools to work across borders.For audiences in Asia, that message is especially relevant. These are markets with young, mobile-first populations, large remittance flows, strong entrepreneurial energy, and rising demand for more accessible financial tools.The future Richard described is one in which financial access is defined by the wallet, the network, the user, and the technology that connects them.Final ThoughtsRichard Teng’s conversation with Raj Shamani offered a view of where Binance believes financial services are heading: toward faster payments, broader access, smarter wallets, responsible regulation, AI-enabled tools, and a more open financial system.The transition will not happen everywhere at the same speed. Different markets will evolve differently, and users will adopt new tools at different rates. As digital assets and AI mature, the financial experience of the next generation may look very different from the one their parents knew. And for Binance, the mission is to help build that future responsibly and at global scale.Click here to watch the full podcast.Further ReadingCut the Costs, Open the Gates – Here’s How Binance Lowers the Friction on InvestingCompliance, by the Numbers – Inside Binance's Global Safety InfrastructureFrom Frontier to Everyone: A Letter to the 300 Million Walking With Us

Main TakeawaysTraditional finance splits your money across separate apps and institutions – a bank, a broker, a payments app – each with its own login, identity check, and waiting period; Binance is building a single account where those handoffs don’t exist.A "super app" keeps your assets consolidated in one platform, so paying a merchant, sending money to a friend, trading, buying fractional shares, and earning yield all happen in one place.Binance's four layers – intelligence, community & social, foundation, and growth & yield – work together to turn what used to take a dozen apps into a unified experience.Think about what a single financial decision actually costs you. You spot an opportunity in one app, fund it from a second, verify your identity for a third, and wait while money crawls between institutions that each take a cut and a few business days. Every stage of your financial life happens inside a different company and behind a different login. Binance is building a single platform where everything happens in one account. One Night, One App, and Many MovesIt's launch night, and Maya is streaming a major tech company's keynote from her apartment. She orders dinner in to watch the keynote, then settles the bill split with the friends coming over using Binance Pay. In their group on Binance Chat, they’ve spent the past week debating what new flagship products will be announced. During the keynote, she opens Binance Square to see how the community is reading the day's news, and posts her own prediction about where the company's stock could go.The keynote ends, the company's stock starts climbing, and Maya decides to buy a fractional position through Binance. But first, she asks Binance Ai Pro to break down the company’s fundamentals. Satisfied with what she sees, she gives Binance Ai Pro permission to place the order on her behalf. Because stock trading on Binance follows extended market hours, the order fills ahead of the opening bell.Under the Hood: 4 Layers of BinanceBinance comprises four layers – intelligence; growth & yield; community & social; and foundation – working together that are typically fragmented across an ecosystem of different applications.Products and services referred to here may not be available in your region.Building One Financial Super AppPicture Maya's evening across a traditional ecosystem of apps. To split the bill, she needs a separate payments app, while market chatter takes place on a social media platform. If she wants to trade stocks, that typically requires a separate platform with its own set of rigorous KYC identity checks.Instead of juggling between different apps, everything Binance users need is in one account: investing, earning, social media, accessing on-chain services, asking AI for help, and paying for goods. In short, a financial super app – an integrated experience that Binance is building.Final ThoughtsMaya’s example is primarily an illustration of where things are heading. Just as the smartphone became an all-in-one device that replaced an entire drawer full of gadgets – camera, GPS, calculator, music player, and many more – a financial super app keeps your assets in one consolidated system. Increasingly, the same logic applies to money. If one account can handle everything people currently spread across multiple apps, with less friction at every step, most will make the switch without thinking twice.Further ReadingDirect Stocks on Binance Go From Zero to $1 Billion in 30 DaysThe Full-Market Loop on Binance: From Pre-IPO to Stocks to On-Chain and BeyondOne Account, Every Market: How Binance is Building a Multi-Asset Super AppDisclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.Disclaimer: Your use of this Binance Ai is at your own risk and is provided to you on an “as is” and “as available” basis, without representation or warranty of any kind. You are fully responsible for all of your Prompts. AI Inputs may include various unvetted third party sourced content. Binance sourced content is provided “as is” without any guarantee. Binance does not endorse or guarantee any AI Outputs. AI Outputs may include or reflect content, positions, views and opinions of third parties unknown to Binance, which may also include errors, biases, synthetic data and or outdated information. Any AI Output should not be solely relied on for decision making. AI Outputs do not constitute any kind of advice by Binance nor any other intermediary services. Binance Ai may use or make available third party AI Tools without any guarantee. Where AI Tools are configured by yourself or a third-party, you indemnify Binance against all liability. Binance does not guarantee any AI Tools. Binance Ai may respond to your requests, but without any guarantee that your request will be fulfilled satisfactorily or at all. Digital asset prices can be volatile. You are solely responsible for your investment decisions and Binance is not liable for any losses. Use of Binance Ai may be subject to additional Binance Product Terms, where applicable. For more information, see our Terms of Use, Risk Warning and AI Policy and Terms.Disclaimer: Binance provides the Chat infrastructure as a service for Binance users to engage in their sole discretion. Binance Chat is a communication and content-sharing feature and does not constitute, or form part of, any financial, investment, or intermediary service. The content shared within Binance Chat does not amount to any advice, nor an offer, solicitation, or recommendation to deal in any digital asset. All payments and transfers conducted through Binance Chat take place directly between verified users’ Binance accounts. Binance is not a party to any group Chat but reserves the right to monitor, edit, remove, or block any User Content or restrict access to the Chat at its sole discretion, without prior notice. Chat groups are managed by independent chat/group leaders, not Binance. Binance does not endorse, or assume responsibility for content shared by the hosts. The Chat is provided “as is” and “as available” without warranties of any kind. You are solely responsible for your investment decisions. DYOR. Binance is not liable for any losses. For more information, please see our Binance Chat

Main TakeawaysOn Binance, converting between a bStock and its underlying equity is free, instant, and works both ways.A bStock can be converted to a direct stock on Binance and vice versa 24/7, Monday through Sunday.Every bStock is backed 1:1 by a real share held with a regulated custodian. Backing can be verified anytime on Binance’s Proof of Collateral page.Binance’s super app vision enables users to follow an asset’s full market lifecycle on one platform. It starts before a company goes public, with pre-IPO exposure, continues once the company lists, through direct stocks, and it extends on-chain, through bStocks – tokenized securities that trade 24/7 and can be utilized for DeFi. And that around-the-clock access sees real use. Roughly 44% of bStocks trading volume occurs outside regular US market hours according to Binance Research, as of June 30, 2026.A loop like that only works if you can move between its stages without friction. Direct stocks and bStocks are two forms of exposure to the same asset, and getting from one to the other shouldn't cost you anything or make you wait. The Cost of Tokenization: Zero Fees on BinanceOn many platforms, you can't switch straight from a tokenized security into the underlying share. It’s typically split into two separate transactions: first, users have to sell their token for stablecoin or fiat, then they have to go buy the actual stock. Each part carries its own fee and spread.On Binance, converting between a bStock and its underlying share is completely free, instant, and works in both directions. This entire process takes place in one interface on the Binance app and doesn’t require going through extra steps to use an on-chain application or a self-custody wallet.Buying or selling is where a fee comes in. Trades on Binance Spot – whether bStocks or direct stocks – carry a flat $0.35 platform fee, or a 0.1% spread on orders above $340. As of writing, Binance is running a limited-time fee discount promotion. Through 31 August 2026, the platform fee is halved to $0.17 and the spread cut to 0.05%. For the latest fee schedule, users can refer to this page.bStocks Are Backed 1:1Each bStock corresponds to one real share of the underlying security. When bStocks are issued, an equivalent number of the underlying shares are placed with a regulated custodian account. Only then is the matching token minted on BNB Smart Chain, so there's always a 1:1 relationship between tokens in circulation and underlying shares in custody. As of writing, bStocks has crossed $100 million AUM, with 100% of the underlying equities verifiable on the Proof of Collateral page.This back-and-forth between minting and redemption also helps a bStock stay close in value to the share it represents. If the token ever trades higher than the underlying stock, users can mint and sell tokens until that gap narrows; if it trades lower, they can convert tokens back into shares to capture the difference. That activity tends to pull the two prices back toward each other.On Binance, this type of arbitrage is open to any eligible user in regions where bStocks is supported. Exchange-traded funds (ETF) use a broadly similar process to stay in line with their underlying assets, but it's typically restricted to a small group of authorized participants. With bStocks, there's no minting fee, settlement delay, or approval gate to take part.Figure 1: bStocks mint-to-redemption ratio. Source: Binance Research, as of June 2026SPCXB is a good example. According to Binance Research, no bStock attracted more minting — about $98.3M worth — but roughly $18.9M was also converted back into the underlying shares during that time, which points to real activity in both directions rather than a one-way rush in. (Binance Research, as of 30 June 2026.)Note that bStocks are tokenized securities and don’t come with traditional shareholder rights such as voting. Dividends, instead of a cash payout, are auto-reinvested into bStock positions using a token rebasing mechanism called the Multiplier, thereby allowing the value of your portfolio to compound over time.Moving Between bStocks and Direct Stocks on BinanceIf you already hold bStock-eligible shares on Binance, you don't need to sell or rebuy your shares. Go to your Binance wallet, select the stock you want to tokenize, and then tap [Token Conversion]. The system tokenizes the stock at a 1:1 ratio instantly with no fees, the tightest peg in the industry. You can also buy bStocks outright on Binance Spot the same way you'd buy any other digital asset. bStocks trade continuously, including weekends and holidays. With the bStocks in your wallet, converting to the underlying stock is the exact same process as above.When you convert a stock into a bStock, the underlying share stays in custody and a BEP-20 token is minted to your wallet. Convert the other way, and the token is burned (removed from circulation) while the share it represents is credited back to your holdings on Binance. For a detailed walkthrough on how bStocks work, check out our FAQs or the Binance Academy guide: What Are bStocks? A Guide to Tokenized Stocks on Binance. Final ThoughtsThe real test of a product is the mechanisms under the hood that you don’t see in the marketing materials. In the case of tokenized securities, it used to be the fees, steps, and waiting that piled up every time you moved between a token and its underlying share – before bStocks launched.On Binance, conversion between a bStock and its underlying share is free, instant, and works both ways. Users don’t need to sell into a stablecoin and pay transaction costs twice just to change format. The friction that disappears here isn't only the cost. Tokenizing your stocks on Binance is about as convenient as it gets, as there’s no self-custody wallet to set up nor on-chain applications to navigate. For users who do want to plug their bStocks into on-chain applications, Binance is currently offering zero fees for bStocks withdrawals via BNB Smart Chain (BSC) network through September 30, 2026.Further ReadingWhy Tokenized Securities? A Look at bStocks vs. Traditional Stocks bStocks Hit $100 Million AUM Two Weeks After Launch Introducing bStocks – Trade and Hold Tokenized 1:1 US Stocks on BinanceDisclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.Disclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.

Main TakeawaysSPCX became a practical example of Binance’s expanding multi-asset access model, moving from Pre-IPO Perps before the public listing to direct stock trading and then tokenized securities after the IPO.Before SpaceX went public, SPCX Pre-IPO Perps generated nearly $2B in trading volume on Binance, with more than 11M trades executed and an average daily volume of $88M.After listing, SPCX became the highest-volume equity on Binance, while more than 93% of the $70M in related assets under management was minted as SPCXB, its bStock equivalent.For many users around the world, the most exciting companies and financial opportunities have historically been difficult to reach. Private-market exposure was often reserved for institutional investors, public equities required separate brokerage infrastructure, while on-chain utility was limited to assets native to crypto.Binance is working to close that gap by building products that meet users at different stages of companies’ market journey. SPCX shows how this can work in practice. As SpaceX moved from private-market anticipation to public listing and then tokenized exposure, Binance users engaged with the asset across three product layers: Pre-IPO Perps, direct stocks, and bStocks. The result was a live example of how global excitement around a single company can flow through Binance’s broader financial infrastructure, delivering unique utility and addressing different user needs at each stage. Capturing The Market’s AttentionFew private companies have carried as much public-market anticipation as SpaceX. The company’s offering combines reusable rockets, satellite connectivity through Starlink, and a broader future-forward vision that stretches from commercial launch services to AI-linked infrastructure and space-based ambitions. Over the years, that combination helped turn SpaceX from a private aerospace company into one of the most closely watched technology businesses in the world.The company’s IPO filing drew attention to the scale of its ambitions, as well as the uncertainty that comes with businesses built around technologies and markets still taking shape. The listing itself turned that anticipation into market action as SpaceX priced its IPO at a fixed $135 per share, raised more than $75B, and began trading on Nasdaq under the ticker SPCX on June 12. Shares opened at $150 and closed the first day at $160.95, giving the company a market capitalization above $2T.Stage One: Pre-IPO Demand Forms Before The ListingSPCX Pre-IPO Perps started trading on Binance on May 21, 22 days before the IPO. During that window, eligible users had a way to gain price exposure to the market’s expectations for SpaceX before the stock became publicly tradable – and the demand was immediate. Before the IPO day, SPCX Pre-IPO Perps generated nearly 2B in trading volume on Binance, equivalent to an average daily volume of $89M. More than 11M trades were executed before the listing.Figure 1: SPCX Pre-IPO Perps trading volume, May 21-June 30, 2026. Source: Binance Research, as of June 30, 2026.The volume peaked on IPO day, when $5.85B was traded on Binance. At that point, Binance represented approximately 69% of trading volume market share among major exchanges offering similar perpetual contracts.The data also shows that demand was global. Before the IPO, about half of SPCX trades were executed by users in emerging markets. After the IPO, that share declined to roughly 37%, suggesting that demand for perpetual contracts remained strong even after the stock became publicly listed, with more sophisticated users continuing to engage with the derivative product after the equity became available.Price action also reflected the transition from expectation to public-market discovery. Before the IPO, SPCX Pre-IPO Perps traded between $225 and US$154. When SPCX stock opened on June 12 at 15:46 UTC, the Pre-IPO Perps price was $154.52, only $4.52 above the $150 listing price. Within the first hour of stock trading, the gap had closed to near zero.This is the first part of the SPCX story on Binance: before the stock was available on public markets, eligible users were already expressing views and managing risk through Pre-IPO Perps.Stage Two: From Market Anticipation To Direct Stock AccessOnce SpaceX listed, SPCX moved from a pre-listing derivatives product into direct stock trading, giving eligible users another way to access the asset after the public debut. SPCX quickly became the highest-volume equity on Binance. The asset generated more than $280M in equity trading volume, with an average of $26M in volume per trading day. It also brought more than $70M in fund flow to the asset on Binance.Figure 2: SPCX ranked as the highest-volume equity on Binance among the top 10 equities by trading volume. Source: Binance Research, as of June 29, 2026.Direct stock trading on Binance is designed around access. Eligible users can trade U.S. stocks and ETFs using stablecoins, with fractional investment from $5 and 24/5 market access. For many users, especially in markets where traditional brokerage access can involve friction, minimums, currency conversion, or fragmented onboarding, this creates a simpler route into global equities.With the listing of the underlying stock, trading volume and liquidity in the futures market saw a dramatic surge: SPCX perps volume increased 18x after transitioning from pre-IPO to listed stock perps, reaching an average of $1.6B daily. This demonstrates that what accumulates during the pre-IPO phase may not be merely pre-listing speculative interest, but transferable, sustainable liquidity.In the SPCX case, the point was that a major public-market event could be followed through a familiar Binance experience, with stablecoin settlement, direct equity access, and the same broader ecosystem that users already know.Stage Three: From Direct Stock To bStockThe third stage of the SPCX journey came through SPCXB, the bStock version of the asset. bStocks are tokenized securities designed to give eligible users tokenized economic exposure to U.S. stocks. They do not represent direct ownership of the underlying shares, but they can bring stock-linked exposure onto crypto rails and into supported on-chain environments.The SPCX data shows how quickly users embraced this format. Among the $70M in related assets under management on Binance, more than 93%, or $65M, was minted as SPCXB. More than 90% of the minted SPCXB token supply was allocated on Binance.SPCXB also showed strong trading activity, recording average weekday trading volume of more than $36M, which exceeds the trading volume of the direct equity. It also generated more than $36M in weekend and holiday trading volume, at times when legacy exchanges were closed.Figure 3: SPCX stock and SPCXB bStocks trading volume, June 12-June 28, 2026. Source: Binance Research, as of June 29, 2026.This case illustrates the practical benefits of tokenization. Traditional equities remain tied to market hours, brokerage rails, and legacy settlement infrastructure. Tokenized securities can introduce 24/7 transferability, the ability to withdraw to self-custody wallets where supported, and potential use across eligible on-chain applications.SPCXB’s early activity suggests that users did not see tokenized securities simply as a secondary wrapper around a stock. For many of them, the tokenized format became the preferred way to hold and trade the exposure within the Binance ecosystem.What SPCX Shows About The Future Of Market AccessSPCX is a case study in how market demand can move across Binance’s product layers. Before the IPO, eligible users used Pre-IPO Perps to trade expectations around a private company’s valuation. Once the stock listed, users moved into direct equity exposure. Then, through SPCXB, many users brought that exposure into a tokenized format.Each layer served a unique purpose:Pre-IPO Perps offered derivatives-based price exposure ahead of the listing.Direct stocks offered access to the publicly traded equity through stablecoin settlement and fractional investing. bStocks extended the asset into tokenized securities infrastructure, creating more flexibility around timing and on-chain utility.The overarching utility here is about giving users more choice at each stage of an asset’s lifecycle. The same asset can serve different user needs as it moves from private to public markets, and then into the tokenized space.Final ThoughtsBinance is building a new way for users to experience global finance, one that can connect crypto rails, stablecoins, public equities, tokenized securities, and on-chain utility in a single ecosystem.SPCX is an early example of how this might work: a globally watched asset producing a major public-market and cultural event, embarking on a full product journey from pre-IPO exposure to direct stock access to tokenized securities. As more assets move across the boundaries between private markets, public markets, and on-chain markets, we are building the infrastructure to help eligible users follow that journey from start to finish.Further ReadingWhy Tokenized Securities? A Look at bStocks vs. Traditional StocksThe Full-Market Loop on Binance: From Pre-IPO to Stocks to On-Chain and BeyondFrom Crypto to Multi-Asset Investing: How Binance Users Are Embracing StocksDisclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). In respect of Pre-IPO Perps which are subject to transition to TradFi Perp, there may be particular price volatility following official listing of the Underlying Asset and the share price may not ever reach the Final IPO Price. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Pre-IPO Perps and TradFi Perps are not associated or affiliated with, or sponsored or endorsed by, the issuer of the relevant underlying shares. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, relevant Contract Specifications and Risk Warning.Disclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents. No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.Disclaimer: Direct stocks are available only to eligible users and subject to local regulatory requirements and product availability. Securities are subject to market and liquidity risk, price volatility, and potential loss of capital. This content is for informational purposes only and should not be construed as financial or investment advice. Users should make an independent assessment of any transaction in light of their own objectives and circumstances and consult their own advisers where appropriate.Disclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.​​Disclaimer: SpaceX and related marks are trademarks of Space Exploration Technologies Corp. Binance is not affiliated with, endorsed by, or partnered with SpaceX or Space Exploration Technologies Corp. Any reference to SpaceX is purely informational. The listing of SPCX on Binance does not constitute an endorsement of the SPCX token or project.

Main TakeawaysBinance launched direct stocks on June 1, giving users access to over 7,000 U.S. stocks and ETFs, right alongside their crypto.In just 30 days after the launch, users have acquired more than $1 billion of U.S. equities on Binance, while generating close to $3 billion in trading volume.Around 73% of people using Binance’s direct stocks come from emerging markets, the places traditional brokerages have underserved for decades.On June 1, Binance opened direct access to over 7,000 U.S. stocks and ETFs, settled in stablecoins, right alongside crypto in the same app. In just 30 days (a period that included 22 trading days) since launch, users have acquired more than $1 billion of U.S. equities on Binance. Beyond that, direct stocks on Binance have already processed over $3 billion in total trading volume, painting a picture of a market being actively used. What all this implies matters more than the headline figures. The things that have kept most of the world out of U.S. equities — brokerage accounts, bank wires, minimum balances — were never as fundamental as they looked. Remove them, and more than $150 million a day pops up looking for somewhere to go.“A billion dollars in 30 days is a sign of the demand that’s been waiting decades for a door to walk through,” said Shunyet Jan, Head of Spot and Derivatives Business at Binance. “The walls that kept most of the world out of U.S. stocks were never as solid as they looked. We built this for the hundreds of millions of people who never had a way in.”Figure 1: The value of U.S. equities acquired by users on Binance has crossed $1B. Source: Binance Research, as of July 1, 2026.The World’s Biggest Stock Market Was Built for the FewThat $1 billion surfaced because of a gap that’s existed for decades, hiding in plain sight. Binance Research estimates there are about 700M brokerage accounts globally, meaning roughly only 11% of adults worldwide have access to stock markets today. That figure is strikingly close to global crypto adoption rates, suggesting the next major expansion of equity participation may not come from traditional brokerages alone.Instead, it may come from crypto exchanges opening a new path into equities for users who already hold, move, and trade digital assets. If that happens, crypto infrastructure could help reshape equity market participation at a scale traditional brokers have never reached.Figure 2: Global stock user base and global crypto user base. Source: Binance Research, as of June 2026.U.S. equities make up roughly half of all global stock market capitalization. That makes it the single largest pool of investable wealth on the planet. Yet ownership of that market stays remarkably close to home. Foreign investors hold only around 18% of it. The country with the world’s most important stock market built a system that’s overwhelmingly domestic, even though the assets inside it shape markets everywhere.The picture looks just as uneven from the other direction. Outside the U.S., equity participation, meaning the share of people who own any stocks at all, broadly sits below 20%. Most countries never built the infrastructure to make investing a normal habit the way the U.S. did.The reasons will sound familiar to anyone who has tried investing from outside a handful of wealthy countries. A brokerage account usually requires a banking relationship that not everyone has. Cross-border transfers come with fees and delays. Minimum deposits price out smaller investors before they even start. Add it all up, and roughly 89% of the global population has lacked meaningful access to U.S. equities. Most of these same people carry a smartphone that could execute the trade in seconds. What’s been missing is a way in.Emerging Markets Found the Door FirstIf a billion dollars in stock holdings sounds like the kind of number whales and institutions rack up quietly in the background, the data tells a different story.Roughly 73% of Binance’s stockholders come from emerging markets. This is a product that found its biggest audience in exactly the places traditional brokerages have historically underserved, reinforcing the access story rather than complicating it.The intent behind that demand is just as telling. Since launch, roughly 1 in 7 people who land on Binance’s stock trading page have gone on to register an account. Of those new sign-ups, nearly 90% went on to actually place a trade. People are showing up already decided, looking for exactly this kind of access rather than stumbling onto it.What this indicates is a market that’s been waiting for an entry point, not a niche audience that crypto happened to convert.Where the Money Is GoingScale tells you demand exists. The harder question is what people did once they got in: did they pile into a handful of obvious names, or actually build something resembling a portfolio?The technology sector together accounted for roughly 71% of direct stock holdings. Within that, the semiconductor industry alone drew around 48% of the allocation, and the category traded at roughly 23 times the volume of other sectors.Users are leaning hard into the same AI infrastructure theme that’s driven much of this year’s market gains, the kind of sector concentration a professional fund manager might choose on purpose, not a random spray across whatever’s available.The Third Great Rewiring of Global MarketsIf the last 30 days are any indication, $1 billion is closer to a starting line than a finish line. Based on current growth, Binance’s direct stocks are on pace to exceed $10 billion by the end of 2026. But even that projection is only about one platform. The bigger story is the category Binance is helping to open up.Binance Research projects that by 2031, crypto exchanges as a category could channel $2 trillion in incremental capital into global equity markets, and bring 300 million new investors into the asset class. That points to an entirely new on-ramp into global equities: one built on crypto exchange infrastructure, and one now beginning to operate at meaningful scale.Figure 3: Projected incremental equity users and capital through crypto exchanges by 2031. Source: Binance Research, as of June 2026. Projection is illustrative and not a guarantee of future activity or returns.Markets have only rebuilt their basic infrastructure twice before in modern history. The first time was Amsterdam in 1602, when the world’s first stock exchange gave ordinary investors a formal way to buy into companies they didn’t personally know. The second was Nasdaq in 1971, when electronic trading replaced the trading floor and made markets faster, cheaper, and more accessible than any physical exchange before it.That third transformation is now taking shape, and Binance is helping define what it looks like. By allowing users to access U.S. stocks and ETFs using crypto, including stablecoins and BNB, Binance is turning crypto exchange infrastructure into a new front door to global equities.Rather than simply making an existing brokerage experience faster or cheaper, this process changes who can enter the market, what they can use to participate, and how quickly capital can move across asset classes. Direct stocks on Binance crossing $1 billion in 30 days is an early data point in a shift that’s much bigger than any single product: stock market access is being rebuilt around stablecoins, smartphones, and crypto-native capital.Further ReadingDirect Stocks on Binance, Week OneWhat Binance’s Direct Stocks Mean for Everyday InvestorsTrade Direct Stocks and ETFs on BinanceDisclaimer: Nest Trading Limited acts as your introducing broker and routes your orders for Securities to its clearing broker partner, Alpaca Securities LLC, for execution, clearing, settlement and custody. Binance does not handle or custody your Securities. Securities are subject to high market and liquidity risk and price volatility (particularly outside traditional market hours). The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. Binance may receive payment for order flow remuneration for directing your orders. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Securities Trading Product Terms and Risk Warning.

Main TakeawaysMexico’s biggest football summer is also an economic moment, bringing global attention, tourism, and new digital payment activity to one of Latin America’s most important markets.Salvador Rivero, Binance’s General Manager for Mexico, explains what’s driving the country’s $71-billion crypto market.Rivero sees cross-border payments as one of Mexico’s clearest crypto use cases, with stablecoins offering a faster, lower-cost path for remittances, trade, and FX.In late June, Ricardo from Monterrey, in the Mexican state of Nuevo León, opened his Binance app and saw a notification he almost scrolled past. A campaign: refer, participate, and win. He clicked it, participated, and to his surprise the screen told him he’d won two tickets to see Mexico vs South Korea in Guadalajara, flights and hotel included.“I could feel the excitement,” says Ricardo. “I was going to see the Mexican national team play in Guadalajara." He called his brother. Two days later they were on a flight. At the stadium they were shown to their seats. Then the teams came out, and the Mexican national anthem played. For Ricardo, that was the moment. Everything else – the app, the campaign, the free flight – faded into the background. Just his brother next to him and Mexico on the pitch. "An experience made possible thanks to my prize from Binance!"That same week, fans from across the world were arriving in Mexico City, Guadalajara and Monterrey, drawn together by the biggest football tournament on the planet, which Mexico is hosting for a record third time in its history. For Salvador Rivero, Binance’s General Manager for Mexico, the energy on the streets is only half the story.Mexico’s Football Summer Is Also a Financial MomentRivero has lived in Mexico City long enough to know when the city has a different energy. This summer, it does. “It's something we haven't seen before,” he says. “Colombian fans took over Reforma – one of the most iconic avenues in the city – before their match. Korean fans did the same in Guadalajara. The city is buzzing.”Estadio Azteca, where Brazil lifted the trophy with Pelé, is back at the center of the world’s attention. The tournament is expected to bring 2 to 3 billion dollars in extra revenue to the Mexican economy, and that’s from hosting just 13 of the 104 matches.Yet for Rivero, the economic signal that stands out most is what’s happening on Binance’s own platform. Binance Card payments, for example, have been growing at double-digit rates week-on-week since the tournament began.“When economic activity accelerates like this, digital payment tools become the infrastructure that sustains the moment,” he says. That’s the shift Rivero has been watching build for years in Mexico, and this summer, it’s impossible to ignore.Crypto Adoption Is Becoming PracticalMexico recorded more than $71 billion in crypto transaction volume over the past year. For Rivero, that number tells a specific story about who is actually using crypto in Mexico, and why.“Mexico’s financial system is one of the most profitable in the world,” he says. “But for business and risk-policy reasons, banks are risk-averse. Most people are priced out or simply underserved.”That gap is what’s driving adoption. Crypto is starting to deliver what traditional banking hasn’t: a current account, local payment rails, and access to investments at a fraction of the cost. The $71 billion in volume signals a market that has moved beyond early adopters.“We're still early in terms of utility,” Rivero adds. “Crypto in Mexico is still mostly used for trading and treasury purposes. But the real use cases are emerging, especially in cross-border payments and FX. That’s where the volume starts translating into everyday impact.”Across Latin America, the picture is similarly striking. The region accounted for 9% of global crypto volume in 2025, with 30% year-over-year growth – making it the second-fastest-growing crypto region in the world – and 57.7 million active users, roughly 12% of the regional population. Mexico sits at the heart of that growth, ranked fourth in Latin America for adoption (Source: Chainalysis, 2025 Geography of Cryptocurrency Report).Where Stablecoins Can Make the Biggest DifferenceMexico is the world’s second-largest recipient of remittances. Last year, $62 billion crossed the border, across more than 12 million transactions, reaching nearly 2 million households. The average transfer costs above 4% in fees – money that comes straight out of families’ pockets.Stablecoins are changing that equation. New and traditional players are using them to cut transfer costs to 1-2%, integrating with local payment rails. At scale, that’s roughly $150 million returned annually to the families who need it most. But Rivero is quick to point to something bigger than remittances.“The US-Mexico corridor moves $1 trillion a year in trade,” he says. “Businesses pay on average 3 to 4% per transaction and wait 1 to 3 business days, longer on weekends. Stablecoins bring that cost down to 1-2% with instant settlement and ultra-competitive FX.”For Rivero, the numbers speak for themselves. A payment infrastructure that costs businesses 3-4% and takes days to settle wasn't built for two economies trading at this scale, but stablecoins were. And in Mexico, the infrastructure to make that real is already being built.Why Regulation Is Part of the InfrastructureRivero sees regulation as the foundation the whole thing gets built on –and it's also good for business. “Regulation provides certainty and protection to both users and companies,” he says. “When done correctly, it actually drives adoption, because people trust what’s regulated.”His view on sequencing is specific. Stablecoin regulation comes first, establishing the settlement layer everything else gets built on top of. Tokenization of real-world assets follows: real estate, treasury bills, commodities, made divisible and accessible through a smartphone. In a country where only 2% of adults have an investment account, that sequence underlies a structural shift in who gets access to wealth-building tools.Binance's role, as Rivero sees it, goes beyond waiting for the right framework to arrive. The company has secured licenses in Argentina, Brazil, El Salvador, and Mexico by building regulatory relationships from the ground up – contributing to public consultations, proposing technical standards, and engaging with regulators rather than waiting for rules to be imposed.The Future Is a Financial Super AppRicardo – the online store owner who participated in a promo that led to him watching Mexico play South Korea – started his journey with Binance eight months ago. Crypto was running in the background while he was just living his life.That’s the version of crypto Salvador Rivero is building toward, where opening a financial super app gets you closer to the life you want, whether that’s sending money home, growing your savings, or getting to a football match you never thought you’d attend.The next time the world comes together for the biggest football tournament on the planet will be 2030. “By then, my hope is that the question is no longer ‘what is crypto?’ but ‘which app do I use to manage my money?’” says Rivero. “Mexico has every ingredient to get there: a young, connected population, a remittance corridor that demands efficiency, and millions of people who need financial tools the traditional system hasn’t provided.”“The work we’re doing today in areas like regulation, education, and infrastructure is what makes that reality possible. For the average person in Mexico, the change I hope to see is that accessing financial services becomes as easy as opening an app.”Ricardo from Monterrey would agree: he already does it that way.Further ReadingBinance Appoints Daniel Acosta as Head of Latin AmericaFrom Prediction Markets to Matchdays: Football Stories from the Binance CommunityGo Hands-Free This Football Season With Binance PayWatch Salvador Rivero, Binance’s General Manager for Mexico, discuss everything from crypto growth to what’s next for the region, on Binance Square.Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up, and you may not get back the amount invested. This content is for general information only and should not be construed as financial or investment advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning. Binance is not affiliated with, endorsed by, or associated with FIFA, the FIFA World Cup™, or any national football federation.

Main Takeaways Binance has partnered with Anchorage Digital to expand its Banking Triparty product, enabling institutional clients to trade on Binance while keeping assets in segregated, qualified custody with Anchorage Digital.The partnership expands Binance’s offering of triparty banking partners, adding another trusted option that reinforces the familiar TradFi market structure of separated custody and execution in digital-asset trading.Institutions can now pledge both crypto assets and yield-bearing USD accounts as collateral with Anchorage Digital, maintaining productive capital deployment while accessing Binance liquidity.By partnering with Anchorage Digital, Binance’s institutional clients gain an additional trusted option for their triparty banking needs. Institutions can now trade on the world's largest crypto exchange while keeping their assets in qualified custody with Anchorage Digital, further reducing the need for collateral to sit idle. The integration gives eligible institutional and professional clients another banking partner to manage collateral, custody, and exchange access through a custody-separated model, all while accessing Binance liquidity seamlessly. It also marks the first crypto exchange integration within Anchorage Digital's Atlas settlement platform, expanding Binance's Triparty Banking network.Why Off-Exchange Settlement Matters for Institutional CryptoFor many institutions entering digital assets, separating custody from execution is no longer a preference but a prerequisite. They expect the same market structure they rely on in traditional finance, where the assets they hold and the venues where they trade are kept structurally apart.This expectation is echoed by Nathan McCauley, Co-Founder and CEO of Anchorage Digital. "Institutions need a crypto market structure that reflects the standards they already rely on in traditional finance," he said.Yet because digital-asset infrastructure is still maturing, institutions have too often had to pre-fund their exchange accounts, introducing operational complexity and counterparty exposure. For firms operating under strict risk, custody, and fiduciary mandates, that has been more than an inconvenience: a structural barrier to participating at scale.By providing institutions with access to exchange liquidity while their assets stay in secure, independent custody, Off-Exchange-Settlement removes one of the last major obstacles between traditional capital and the digital asset market.How Binance Triparty Banking Enables Greater Capital EfficiencyAs the first digital-asset exchange to pilot triparty banking in 2023, Binance has steadily grown our network of banking partners and settlement options – enabling clients to access liquidity while keeping their collateral in preferred custody. This new integration with Anchorage Digital's Off-Exchange Settlement, powered by Atlas, adds another option for eligible institutions to keep independent custody of their pledged cash and crypto collateral while trading on Binance.Beyond trading, Binance Triparty Banking supports settlement, lending, collateral management, and other capital markets workflows. Subject to eligibility and availability, institutions can also pledge a broad mix of collateral – cash and cash equivalents, crypto assets, and select tokenized real-world assets such as money market funds (e.g. BlackRock's BUIDL, Circle's USYC, Franklin Templeton's iBENJI) – managing their trading margin with greater capital efficiency.For Binance, the integration reflects a broader effort to bring the frameworks institutions already use from traditional finance to crypto. "Binance has continued to expand institutional-grade infrastructure that helps professional traders access crypto markets more securely and efficiently," said Catherine Chen, Head of VIP & Institutional at Binance. Working with Anchorage Digital on off-exchange settlement, she added, gives eligible clients another way to access Binance liquidity while managing custody and collateral "through a model that is more familiar to traditional financial markets."Final ThoughtsAs more institutions adopt digital assets, they shouldn't have to choose between accessing crypto liquidity or maintaining custody, control, and capital efficiency. By bringing the separation of custody and execution to Binance, we hope this integration with Anchorage Digital closes that gap further – and moves the entire market one step closer to institutional maturity.Further ReadingFranklin Templeton and Binance Advance Strategic Collaboration With Institutional Collateral ProgramHow Perpetual Futures Are Reshaping Institutional TradingIntroducing Binance OMS Toolkit, the First Crypto Exchange Solution Built for Trading Technology ProvidersDisclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

Main TakeawaysBinance invests around $300 million a year in compliance – exceeding what most major banks spend – with nearly 1 in 4 employees dedicated to keeping users safe.In just over a year, our systems intercepted $10.53B in fraud and helped recover over $8.2B in user assets since 2021.To date, Binance has supported global authorities across 313,653 law-enforcement requests, helping strengthen trust and accountability throughout the digital asset ecosystem.As digital assets become increasingly mainstream, one question continues to surface: can crypto platforms operate with the same level of security, oversight, and compliance expected from traditional financial institutions?At Binance, the answer isn't something we ask users to take on faith. Compliance is one of the largest investments across the company – underpinning everything from fraud prevention and user protection to law-enforcement collaboration and asset recovery. Here's what our commitment looks like in practice.Investing in Compliance at ScaleWhile innovation may attract users, trust allows an ecosystem to scale sustainably. Compliance is one of the ways that trust is built – through fraud prevention, asset recovery, law-enforcement collaboration, and ongoing investment in user protection.At Binance, that investment amounts to approximately $300 million annually, supporting the technology, investigations, operations, programs, and people that help safeguard users across the platform. Relative to assets held, Binance allocates an estimated 0.22% toward compliance versus roughly 0.14% across the broader financial industry – about 57% more, per Binance Research estimates based on data from AscentAI and BCG.Our investment extends beyond direct financial investment alone. Nearly 1,500 professionals – around one in four Binance employees – work in compliance-related functions. Binance invests approximately $50,000 per employee annually in compliance – several times the level typical of large financial institutionsTo put this into perspective, BCG estimates that even the largest global systemically important banks (G-SIBs) typically dedicate around 1% to 3% of total employees to compliance functions. Binance's allocation is approximately 8.6 times higher than G-SIBs, a reflection of how seriously we take user protection.Results: Binance's Share of Activity Tied to Sanctioned Flows is Well Below the Industry AverageThe clearest test of any compliance program is its effect on illicit activity – and by that measure, the results speak for themselves. As of June last year, only about 0.018-0.023% of total Binance transaction volume was linked to illicit addresses. This means Binance operates with a low concentration of illicit activity, reducing user-level risk and reflecting the impact of sustained compliance investment.Measurable Outcomes: Recovering and Protecting User AssetsCybercrime remains one of the most significant threats facing the digital asset industry. In 2025, Binance assisted in the recovery of approximately $114 million linked to external hacks and security incidents. In 2026 to date, we've already helped recover an additional $60.2 million year-to-date – bringing the total to more than $174 million returned in the face of external attacks.Furthermore, in 2025 we helped recover $8.2 billion in missent assets across 1.28 million user appeals – funds that, on most platforms, would have been lost.AI-Powered Protection for UsersAs threats grow more sophisticated, so do our defenses. In the first five months of 2026 alone, Binance spent more than $3 million in compute on compliance-focused AI – systems built to detect suspicious behavior, surface emerging threats, and improve the speed and accuracy of investigations. And the results speak to their reach: between 2025 and Q1 2026, these systems intercepted approximately $10.53 billion in potential fraud, scams, and anomalous activity before harm could occur.Supporting Global Law EnforcementWe believe that protecting users extends to working with authorities working to hold bad actors accountable.In 2025 alone, Binance handled 72,632 law-enforcement requests from authorities worldwide. As of June 2026, that figure has already reached 36,235 requests, bringing the all-time total to 313,653, while maintaining the safeguards and legal processes that protect users' rights. This collaboration draws on blockchain analysis, cross-platform coordination, and rapid incident response – designed to help victims recover assets and limit criminal activity – and has contributed to successful enforcement actions and asset-recovery efforts across the globe.Final ThoughtsThe question we began with – can crypto platforms operate with the same rigor as traditional finance? – has a clear answer at Binance. We've gone beyond the standard on every front – in what we invest per employee, in the size of the team we dedicate to it, and pairing it with AI advanced enough to match the pace of modern threats. The proof is in the outcome: billions intercepted, billions recovered, and countless users protected.As the digital asset landscape evolves, Binance remains committed to building one of the industry's most robust compliance and safety operations – not as an end in itself, but as the bedrock of a safer, more trusted ecosystem, and ultimately, the financial super app for all.Further ReadingAI Versus AI – How Binance Is Defending Users in the Age of Intelligent FraudThe New Front Line of Compliance: How Binance Uses AI to Stay Ahead of Financial CrimeCut the Costs, Open the Gates – Here’s How Binance Lowers the Friction on InvestingDisclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.

Main TakeawaysFollowing the devastating earthquakes that struck Venezuela in quick succession, Binance Charity is standing with affected users and communities.Binance Charity is donating $3 million in 20 USDT token vouchers to users in the hardest-hit regions, based on Proof of Address eligibility.As communities begin the process of recovery, Binance is waiving P2P and Binance Pay merchant fees in Venezuela for seven days through July 2, 2026.Following the devastating earthquakes that struck northern Venezuela on June 24, 2026, Binance Charity is donating a total of 3 million dollars in 20 USDT token vouchers and waiving all P2P transaction fees and Binance Pay merchant transaction fees for seven days to help Binance users living in the areas affected by the tragedy.Update: June 30, 2026Binance Charity has now confirmed the total allocation of US$3 million in 20 USDT token vouchers for users identified in the areas most affected by the recent earthquakes in Venezuela: La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, Falcón, and Yaracuy. Progress of AidStage 1: 90,000 users. Funds are being processed and will be credited to the Rewards Hub within a maximum of 30 days from verification.Stage 2: 60,000 users. Requests from existing users who completed POA and KYC between June 26 and June 28, 2026 are being processed, subject to the total donation allocation limit. The total donation allocation of US$3 million has been fully reached and no further vouchers will be issued under this program.Fee WaiversP2P: all fees on VES-denominated transactions are waived until July 2, 2026 (23:59 UTC-3).Binance Pay: all merchant fees in Venezuela are waived until July 2, 2026 (23:59 UTC-3).Commitment and TransparencyBinance reaffirms its commitment to users in Venezuela during this difficult period. The resource allocation process is based on objective criteria (residency verification in affected areas through POA and KYC) to ensure that aid reaches those who need it most in a transparent and verifiable manner. We continue to evaluate additional ways to support the community in Venezuela. Binance Charity has previously provided assistance to users in countries including Argentina, Brazil, Mexico, Ukraine, Turkey, Libya, Morocco, Taiwan, and Italy.For more information, please visit our FAQ page.Original Post: June 26, 2026Users in the most affected areas — La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, Falcón and Yaracuy — who completed Proof of Address (POA) and eKYC before June 26, 2026 will each receive 20 USDT in token vouchers, redeemable via their Rewards Hub.We recognise that many users in the affected region may not yet have completed POA. Therefore, existing users who do so between June 26 and July 10, 2026 (23:59 UTC-3) will also receive 20 USDT, subject to the total donation allocation. Users will receive the funds in a maximum of 30 days from the day of their POA completion.As communities begin the process of recovery, Binance is also waiving P2P fees and Binance Pay merchant fees in Venezuela for seven days, ending on July 2, 2026 (23:59 UTC-3). The P2P waiver applies to all VES-denominated transactions.About Binance CharityBinance Charity has previously supported communities affected by disaster across Argentina, Brazil, Mexico, Ukraine, Turkey, Libya, Morocco, Taiwan and Italy. As recovery efforts continue in Venezuela, we remain committed to standing with our users and will continue to work on additional ways to help our community. For more information, please visit our FAQ page.Further ReadingBinance Charity Commits 4 Million Pesos to Mindanao Earthquake ReliefBinance Commits $250,000 to Support Frontline Ebola Disease ResponseHow Binance Charity’s Flood Relief Effort in Japan Became a Blueprint

Main TakeawaysLaunched on June 11, bStocks are tokenized 1:1 U.S. securities on Binance that trade 24/7, support free and instant conversions, and can be withdrawn to self-custody wallets.In 15 days, bStocks holdings on Binance crossed $100 million in assets, an 18× jump from $5.6 million on Day 1, with $458 million in cumulative trading volume.Around 47% of total trading volume took place outside U.S. trading hours — an early signal of demand for round-the-clock access to securities.On June 11, Binance launched bStocks, tokenized 1:1 U.S. securities that trade 24/7, convert instantly for free, and can be withdrawn to a self-custody crypto wallet.In 15 days, bStocks holdings on the platform have crossed $100 million in assets, an 18× jump from $5.6 million on Day 1. What the data shows, taken together, is that demand for tokenized securities runs deeper than expected – global, active, and indifferent to Wall Street’s hours. Read on for the full breakdown.Figure 1. bStocks holdings vs. holder growth, Day 1 to Day 15. Source: Binance Research, as of June 25, 2026.$100 Million in Assets in Two WeeksWhen bStocks launched, the assumption might have been that early adopters would cluster in a handful of crypto-forward markets. However, the data shows otherwise as emerging markets drove 58% of trading volume in the first 15 days.Figure 2: 15-Day Cumulative Trading Volume – Geographic Distribution, Developed Markets vs. Emerging Markets. Source: Binance Research, as of June 25, 2026.The trading behavior tells the same story. 8 of 10 bStocks see more than half of all trades placed below one share. TSLA sits at 99.65% fractional. Yet fractional does not mean small: TSLA's sub-share trades represent 88.5% of its total traded value, with SNDK at 61.6% and MU at 58.1%. Significant capital is moving in fractional form. Median trade sizes ranging from$14.57 for TSLA to$104.91 for SPCXB confirm the retail character of the flow.Figure 3: Over 80% of bStock trades are fractional. Source: Binance Research, as of June 26, 2026.This kind of geographic spread takes established financial products years to build. For bStocks, it was achieved in just two weeks. The places leading adoption are largely the same ones that have spent years working around brokerage infrastructure that was never really built for them.For years, these users have had to navigate foreign exchange costs, account minimums, and trading hours that don’t match their time zones. When a product trades 24/7, requires no foreign brokerage account, and converts instantly for free, these markets move fast.24/7 Trading: The Market Never ClosesFor most of financial history, access to stock markets has come with a schedule attached. Wall Street opens at 9:30am Eastern Time and closes at 4pm, Monday to Friday, with weekends and public holidays off. That’s the deal, and for decades, investors have simply worked around it.Nearly half of all bStocks trading activity (47%) occurred outside traditional market hours that traditional exchanges simply don’t cover. On bStocks, those windows look exactly like any other session. Figure 4: bStocks saw 47% of early volume during off-hours. Source: Binance Research, as of June 25, 2026.bStocks turn over 4 to 21 times faster than their underlying stocks. The gap is widest for mega-caps, where significant share counts naturally suppress TradFi activity, indicating bStocks are unlocking a new pool of demand, driven largely by crypto-native users, that the traditional market was never reaching.Figure 5: bStocks are generating 4 to 21 times more turnover per unit of listed supply than their underlying stocks. Source: Binance Research, as of June 26, 2026.Binance Research’s observation shows SPCXB independently discovered SpaceX's 6.5% weekend price gap – and was validated to only 0.09% price difference when the regulated market reopened Monday. This potentially indicates tokenized stocks are not a shadow of the underlying – they are a leading indicator.Figure 6: SPCXB traded continuously over the weekend and converged to within 9 bps of SPCX's Monday open price. Source: YahooFinance, Binance Research, as of June 16, 2026.Two weeks of consistent off-hours volume is the clearest early signal that 24/7 trading — easy to promise, harder to deliver — is being put to genuine use. Rather than waiting for Monday morning, users are trading when it suits them, which turns out to be all week.That flexibility extends to how users move between products. Conversions between direct stocks and bStocks are free, instant, and bi-directional, so users can switch between the two at any hour without having to sell into stablecoins first.Building Beyond StocksTwo weeks in, the product is already moving. bStocks launched on June 11 with five tickers. By June 23, that list had doubled to ten. As of writing, Binance offers bStocks for MUB (Micron); SNDKB (Sandisk); CRCLB (Circle); NVDAB (NVIDIA); TSLAB (Tesla); SPCXB (SpaceX); AMDB (Advanced Micro Devices); INTCB (Intel); MSTRB (Strategy); EWYB (iShares MSCI South Korea ETF). By actual holdings, bStock's AUM skews decisively toward frontier-tech themes: tokenized "Space" (SpaceX) makes up ~53% and semiconductors ~37% — together nearly 90% of all assets held. Users are using bStock to build lasting exposure to marquee tech names that were previously hard to access.Figure 7: User holdings distribution heavily concentrated in frontier tech themes. Source: Binance Research, as of June 25, 2026.bStocks are also deployable across a growing set of DeFi protocols on BNB Chain, giving holders ways to put their positions to work beyond simply holding them. And for holders who prefer to sit back, bStocks compound quietly in the background. When the underlying company pays a dividend, it doesn’t arrive as a cash payout. Instead it gets automatically reinvested into additional bStock exposure, and the holder’s balance adjusts accordingly.This combination — stocks that trade like crypto, convert instantly for free, earn while you hold, and never close — is what Binance means by a financial super app. Crypto and traditional markets in one place, built for anyone with a phone and an internet connection, wherever they are in the world. The numbers from the first two weeks of bStocks are just the beginning.Further ReadingWhy Tokenized Securities? A Look at bStocks vs. Traditional StocksFrom Crypto to Multi-Asset Investing: How Binance Users Are Embracing StocksIntroducing bStocks: Trade and Hold Tokenized 1:1 U.S. Stocks on BinanceDisclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States. For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.