Binance launches TradFi stock perpetual contracts and equity trading

CIE News ·

Binance introduced five USDT-margined stock perpetual contracts with up to 20x leverage and added five equity shares cleared through Alpaca Securities LLC on September 28.

Binance expanded its TradFi trading catalog on September 28 by launching five USDT-margined stock perpetual contracts and five equity shares, according to the exchange. The new perpetual contracts include Oklo Inc. (OKLOUSDT), Twist Bioscience (TWSTUSDT), Carvana Co. (CVNAUSDT), RUM Group (RUMUSDT), and ExxonMobil (XOMUSDT), offering up to 20x leverage with eight-hour funding fee settlements. In addition, Binance opened trading for equities including Boost Run Inc. Class A (BRUN), Greenland Mines Ltd. (GRML), Octave Intelligence plc Class B (OCTV), StablecoinX Inc. Class A (USDE), and Wise Group plc Class A (WSE), which are cleared through Alpaca Securities LLC and eligible for Fully Paid Securities Lending.