Binance tradfi perpetual futures volume jumps 15-fold in six months

Monthly trading volume for perpetual futures on Binance tied to traditional assets such as stocks rose about 15-fold to $445 billion in July from about $30 billion in January, Wu Blockchain reported, citing Bloomberg. Binance offers options linked to more than 1,000 U.S. stocks and ETFs to users outside the U.S. through its Abu Dhabi-based entity Nest Trading Limited, while order execution, clearing and custody are handled by U.S.-registered broker-dealer Alpaca Securities.