Binance’s Push Into US Stock Options Shows How Far It Has Moved Beyond Crypto

Binance has introduced options on more than 1,000 selected US-listed stocks and ETFs for eligible users outside the United States, the latest step in the exchange's effort to build a multi-asset account that sits alongside its crypto business. The product went live on Tuesday, 1 September 2026.

The offering runs through two partners. Nest Trading Limited, Binance's Abu Dhabi entity, holds an ADGM licence and acts as the introducing broker, accepting client order flow so users can reach the new product from a single Binance account. US-registered self-clearing broker-dealer and FINRA member Alpaca Securities LLC executes, clears and settles the orders and provides custody.

How the contracts work

The options are physically settled and do not represent ownership of the underlying securities. If a contract is exercised, the user receives or delivers the relevant shares or ETF units, which are held in custody by Alpaca on behalf of Binance users. Exercise requests can be submitted up to 30 minutes before expiry. Trading is available during regular US hours, from 9:30 AM to 4:00 PM ET, while certain ETF and ETN options fall under late-close exceptions and may continue until 4:15 PM ET.

"Stock options are an important next step in Binance's evolution into a fuller multi-asset platform," said Shunyet Jan, Head of Exchange and Trading at Binance, adding that the addition expands the tools available to users who want equity-market exposure and strategies historically offered through traditional brokers.

The launch builds on a broader expansion of Binance's traditional-finance shelf. The company said perpetual futures tied to TradFi assets reached roughly $433.4 billion in volume in August 2026, about 15 times the level recorded in January. Binance began offering direct trading in US stocks and ETFs through Alpaca infrastructure in June 2026, and reported that more than 80% of first-week volume came from users in emerging markets. Tokenised securities and equity-linked perpetual futures are also part of the line-up.

Options remain relatively uncommon among crypto exchanges that list derivatives on traditional assets. Binance's structure differs from Bybit's planned Perp Options, which are written on stock perpetual futures rather than physically settled contracts on listed securities, giving eligible non-US users a more conventional options format inside an account that already spans crypto, equities and derivatives.