According to Fortune, Binance will officially introduce trading services for over 7,000 U.S. stocks and ETFs as part of its Super App strategy. Additionally, the company plans to launch its own stock tokenization service, 'bStocks', which allows users to convert their held stocks into digital assets in the form of cryptocurrencies.

Binance Co-CEO Richard Teng stated, "U.S. stocks account for more than half of the global stock market, but they still entail high costs and cumbersome procedures for overseas investors. We intend to solve these issues by providing zero-commission and fractional trading services starting from $5 for customers outside the United States."

This stock trading is facilitated by broker-dealer Nest Trading, while New York-based financial firm Alpaca takes on the roles of custody and dividend payouts. Users can trade stocks using USDT, USDC, and BNB.

Binance plans to launch the 'bStocks' program in the future, which will allow users to directly convert purchased stocks into digital tokens based on the BNB Chain. Binance emphasized, "bStocks will serve as a bridge connecting stocks to programmable cryptocurrencies, and it can also be utilized in DeFi sectors such as lending and liquidity provision."