Odaily reports that Binance has announced its Fully Paid Securities Lending (FPSL) service will officially open on June 4, 2026. This service allows users to lend out fully-paid, eligible securities assets to market participants and generate additional income through lending.
It is understood that FPSL is a common securities lending mechanism in traditional financial markets, typically facilitated by brokers or custodians. It enables investors to lend out their idle securities holdings to institutions needing them for short selling, arbitrage, or market making.
Odaily reported that market data shows BNB briefly rose to 729 USDT and is currently trading at 720 USDT.
Previously, Binance opened trading for over 7,000 US stocks and ETFs to non-U.S. users, with a minimum investment of $5.
Odaily Odaily reports that Binance has opened access to over 7,000 US stocks and ETFs for non-US users, supporting fractional shares with zero commission and a minimum investment of $5. Users can purchase these assets using cryptocurrencies such as USDC, USDT, and BNB. The trading is executed by brokerage Nest Trading, while custody, brokerage, and dividend distribution are managed by the New York-based company Alpaca.
Binance also plans to launch "bStocks" based on the BNB Chain, allowing users to convert their held stocks into tokenized assets that can circulate on-chain. These assets can be used for instant settlement and potential DeFi scenarios (such as lending and liquidity provision), further bridging traditional equity and on-chain assets. (Fortune)
Odaily reported that Binance has posted a teaser on X platform, announcing that it will reveal a new product on June 1.
According to market data, BNB has broken through 740 USDT and is now trading at 736.5 USDT, with a 24-hour increase of 11.5%.
According to Coinglass data, BNB liquidations reached $12.51 million in the past 24 hours, with short liquidations accounting for $11.93 million and long liquidations totaling $580,000. The largest single liquidation was $395,393. The 7-day average liquidation volume is currently at extreme levels. Today's BNB liquidations were primarily concentrated on Binance (74.01%), OKX (10.54%), and Bybit (5.1%), indicating a high concentration of active leveraged trading on these exchanges.
