Binance seeks exposure to Asian stocks

Binance is considering offering trading in stocks from Hong Kong, South Korea, Taiwan, and Brazil. Co-CEO Richard Teng said users are asking for exposure to top ten counters in these markets.

“I want to have exposure to, let's say, the top 10 Hong Kong stocks, top 10 Korean counters, top 10 Taiwanese, Brazilian counters.”

Binance already trades tokenized stocks

In two thousand twenty-six, Binance introduced trading in tokenized U.S. stocks and commodity derivatives including precious metals and oil. It also rolled out pre-IPO perpetual futures contracts.

Crypto prices have slumped since October

Bitcoin and other cryptocurrency prices remain far below the highs reached in October two thousand twenty-five. Coinbase posted a net loss of three hundred fifty-nine point five million dollars in Q two two thousand twenty-six.

Exchanges are becoming all-in-one platforms

Several cryptocurrency exchanges including Binance are transforming into platforms handling different asset classes. Coinbase rolled out traditional stock trading, perpetual futures, and prediction markets last December.

Institutions need clear rules to enter crypto

Teng said the first three percent of crypto adopters did not need certainty, but for crypto to go mainstream, sophisticated institutions need clear rules and regulations they can operate within.

“The first 3% of [crypto] adopters didn't need certainty, and they didn't want certainty.”

Tokenized stocks expand global market access

Teng said tokenized stocks and round-the-clock trading give investors outside major financial centers access to global markets. Roughly one point three billion adults globally still lack access to a formal bank account.

“Many people are still constrained by the geography that they are born in.”

Binance launches AI-powered trading assistant

Later this month, Binance will roll out Binance AI Pro, an AI-powered crypto trading assistant that automates market analysis, strategy execution, and position management for investors.

Teng brings regulatory experience to Binance

Binance appointed Richard Teng as CEO in November two thousand twenty-three after founder Changpeng Zhao faced U.S. regulatory scrutiny. Teng previously worked at Singapore's central bank and stock exchange.