Binance Expands Single-Account Access to Pre-IPO Perpetuals, U.S. Stocks, and Tokenized Securities

Binance Blog published a new article, outlining how Binance users can access multiple stages of a company’s market lifecycle through one account, spanning pre-listing price exposure, direct trading in listed equities, and on-chain tokenized securities. The post says the offering includes three distinct products with different rights and risks: TradFi Pre-IPO Perpetual Contracts for exposure to private-market pricing, direct ownership of more than 7,000 U.S.-listed stocks and exchange-traded funds (ETFs), and bStocks, which provide on-chain economic exposure to U.S.-listed equities. Binance emphasized that Pre-IPO Perpetuals are derivatives and do not grant shareholder rights, while direct stocks are described as the only product in the suite that provides beneficial ownership of shares, including dividends and voting rights. bStocks are presented as tokenized securities designed for composability, providing economic benefits such as dividends through a rebasing mechanism called the Multiplier, but not traditional shareholder ownership.

The article highlighted early activity for both derivatives and equities trading on the platform. Binance said its first Pre-IPO Perpetual contract, SPCXUSDT, linked to SpaceX, showed strong retail demand for early exposure to private companies. From June 12 to June 13, SPCXUSDT ranked as Binance’s second-most-traded perpetual contract, behind only BTCUSDT. As of June 15, Binance reported it accounted for more than 60% of SPCXUSDT activity across tracked venues and led all venues in open interest. The post added that if an IPO is postponed or canceled, Binance will announce a delisting date in advance and settle open positions through a process it described as transparent, with notice provided so traders can manage positions. For direct stocks, Binance Research data cited in the post said that as of June 5, 2026, emerging-market users drove more than 80% of trading volume, about 39% of trades were under $100, and users traded more than 1,100 stocks and ETFs in the first week, with 124 assets exceeding $100,000 in traded value. The post also described bStocks as tokens backed 1:1 by corresponding shares held in a regulated custodian account, verifiable via Binance’s Proof of Collateral page, with access via Binance Spot purchases or instant 1:1 tokenization of eligible stock positions where available, and noted examples including MUB, SNDKB, CRCLB, NVDAB, SPCXB, and TSLAB.