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Binance’s Stock Trading Product Surpasses $1B In AUM Within 30 Days

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Binance's Stock Trading Product Surpasses $1B In AUM Within 30 Days
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Binance reports that its new Direct Stocks platform reached $1 billion in assets under management within 30 days and generated over $3 billion in trading volume. Through the Binance app, qualified foreign users may utilize stablecoins to invest in over 7,000 U.S. equities and ETFs. This milestone, according to Binance, demonstrates the significant demand from throughout the world for simpler access to U.S. equities markets, particularly in emerging regions where traditional brokerage alternatives are few.

In a July 1 statement, Binance revealed these figures and referred to Direct Stocks as one of its fastest-growing offerings. In the first month, the company’s average daily inflows were around $42 million. Nearly 73% of users were from emerging markets, and many took advantage of fractional investing, which lets customers buy shares starting at just $5.

Binance also pointed to strong customer engagement. Nearly one in seven visitors to the stock trading page signed up, and almost 90% of those new users made at least one trade. Of the more than 7,000 available stocks and ETFs, about 740 have already been traded. Most investors focused on technology companies, especially semiconductor stocks, showing rising interest in artificial intelligence.

Binance says Direct Stocks helps solve a common problem in global investing by letting users buy U.S. stocks without needing a traditional brokerage account. Investors can buy fractional shares with stablecoins or BNB, making the service easier to use in places where banking or cross-border investing is often difficult.

Binance also explained how Direct Stocks differs from its new bStocks product. Direct Stocks gives users exposure through Binance’s brokerage, Nest Trading Limited. In contrast, bStocks are blockchain-based certificates that track shares one-to-one and can be traded on-chain at any time.

Competition in tokenized and blockchain-based equity trading is heating up. Other exchanges like Coinbase, Kraken, and Bitget have launched similar products as more people look for blockchain-based ways to access traditional financial markets.

Binance thinks assets under management could go beyond $10 billion by the end of 2026, but says this is only an estimate, not a promise. Still, the strong first month shows that more investors are interested in mixing traditional stock investing with the speed and convenience of digital asset platforms.

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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