@spicycandy00: If one day you could trade crypto, US stocks, and ETFs all in the same app, how many people would still bother to open a traditional brokerage account? Binance US stock trading has been live for only 30 days, and assets under management have exceeded $1 billion, with total trading volume over $3 billion, and roughly $41 million of new money coming in every day. But more than the numbers...

If one day you could trade crypto, US stocks, and ETFs all in the same app, how many people would still bother to open a traditional brokerage account? Binance US stock trading went live just 30 days ago and has already surpassed $1 billion in assets under management, with total trading volume exceeding $3 billion, and roughly $41 million of new money coming in each day. But what's more interesting is — who's buying. About 73% of users come from Southeast Asia, Latin America, Africa, and the Middle East. These users previously found it difficult to participate in US stock investments due to issues like difficulty opening accounts and transferring money. Now Binance has directly integrated over 7,000 US stocks and ETFs into the app, managed side by side with crypto assets, finally giving them a usable entry point. The demand is real — for every 7 people who visit Binance's stock page, 1 signs up. And nearly 90% of those who sign up actually make a purchase. Among the nearly 740 stocks and ETFs traded, the buying direction is very concentrated. Tech stocks account for about 71%, with chip-related stocks (NVIDIA, AMD, etc.) making up 48%. Tech sector trading volume is 23 times that of other sectors. This shows that almost everyone is buying AI-related stocks. According to Binance Research, only about 11% of adults globally currently have a stock account. They predict that by 2031, crypto exchanges could bring 300 million new users to the stock market, bringing in about $2 trillion in new money. This means that in the future, more and more people's first purchase of US stocks may no longer be through traditional brokerage apps, but through the crypto platforms they already use. What Binance is doing now is opening this gateway. My own feeling is that this trend is no longer a question of "if it will happen," but "how fast." Before, if you wanted to buy US stocks, you had to find a broker, go through identity verification, wait for approval, and figure out a way to transfer funds abroad. Now you can just open Binance and buy, settling with USDT. For many people, this is already the path of least resistance. I'm not sure if traditional brokerages will be fully replaced, but I think for most crypto users, the next time they want to buy US stocks, they probably won't bother opening a new account — they'll just buy where they already have money. Will the first step for people to access US stocks truly gradually start from crypto apps? @heyibinance @binancezh @yayabinance