Wu Blockchain (@WuBlockchain): Binance U.S. Equities Product Averaged $143M Daily Volume, Surpassing Tokenized Equity Spot Market
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Binance U.S. Equities Product Averaged $143M Daily Volume, Surpassing Tokenized Equity Spot Market CoinDesk Research reported that Binance's U.S. equities product averaged about $143 million in daily trading volume during its first nine days, exceeding the tokenized equities spot market's peak weekday volume of $35 million-$40 million. The platform offers access to more than 7,000 U.S. stocks and ETFs. The report also noted that equity-linked perpetuals increased their share of TradFi-category perpetual trading volume from about 10% at the start of May to roughly 40% by month-end, indicating growing demand for U.S. equity exposure on crypto rails.