Binance adds 11 US-listed ETFs to wealth management offering
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds.
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds.
Binance has launched a wealth management service offering access to 11 US-listed exchange-traded funds focused on short-term US Treasurys and investment-grade bonds.
The new Binance Earn offering groups the ETFs into cash management, steady income and yield enhancement products based on investment horizons ranging from less than six months to more than a year.
Unlike tokenized stocks, users purchase actual ETF shares through the service. Binance provides the interface, while Nest Trading routes the orders to Alpaca Securities, which executes the trades and holds the securities.