Jun 15
Binance Equities on Crypto Rails Beat Tokenized Stocks With $143M Volume Run
Binance equities averaged $143M daily volume in nine days, topping tokenized stock spot markets as turnover passed $1B.
➤ Binance's new equities product achieved significant trading volume ($143M daily average) in its first nine days, surpassing traditional tokenized stock markets. ➤ The platform offers access to over 7,000 U.S. stocks and ETFs with features like fractional shares and 24/5 trading, attracting a large user base. ➤ While Binance's equities product shows strong early adoption, its overall volume remains dwarfed by Binance's core crypto trading business, highlighting crypto's continued role as the primary liquidity engine.