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Binance is rolling out physically settled options on more than 1,000 US-listed stocks, with Nest handling order routing and Alpaca executing, settling and custodying the underlying shares. The structure keeps Binance as the front end while regulated US brokerage rails sit behind it, deepening the overlap between crypto venues and equity brokerage and putting direct competitive pressure on Coinbase and Robinhood for the same globally distributed retail flow. Key variables to watch are jurisdictional eligibility, whether collateral and premiums settle in stablecoins, and any regulatory pushback on offshore access to US equity exposure, since that determines whether this becomes a durable revenue line or a limited product.
As a Crypto signal, watch whether it changes price action, volatility, or flows around BNB, COIN, HOOD.
Original Source: CryptoSlate
This page is market information analysis, not investment advice.
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