Key facts
- Binance is offering 11 US-listed exchange-traded funds focused on short-term US Treasurys and investment-grade bonds.
- The ETFs are grouped into cash management, steady income, and yield enhancement products.
- Users purchase actual ETF shares, receiving economic benefits like price movements and cash distributions.
- Orders are routed through Binance Earn to Nest Trading, then to Alpaca Securities for execution and holding.
- The service allows users to access traditional securities on the same platform as crypto.
- Binance also recently added physically settled options on over 1,000 US stocks and ETFs.
Binance has expanded its traditional finance offerings by launching a wealth management service that provides access to 11 US-listed exchange-traded funds (ETFs). These ETFs are focused on short-term US Treasurys and investment-grade bonds. The new service, integrated into Binance Earn, categorizes the ETFs into products for cash management, steady income, and yield enhancement, catering to investment horizons from under six months to over a year. Users can purchase actual ETF shares through the platform, receiving economic benefits such as price movements and cash distributions. Binance provides the user interface, while Nest Trading routes orders to Alpaca Securities for trade execution and custody of the underlying assets. This move allows Binance users to interact with traditional securities within the same ecosystem they use for cryptocurrency trading, maintaining the assets within conventional brokerage infrastructure. This expansion follows Binance's recent introduction of physically settled options on over 1,000 US stocks and ETFs, building upon its existing offering of more than 7,000 stocks and ETFs.