Binance & Meritz Securities

Binance: Binance launched U.S. equities trading and bStocks, expanding its offerings and aiming to become a multi-asset financial super app. This move enhances its market position and user base by bridging traditional finance with crypto.

Meritz Securities: Meritz Securities is the U.S.-regulated clearing broker partner that executes, clears, settles, and custodies the U.S. equities traded through Vigorous Trading Limited.

Binance: Binance finalized its acquisition of the Gopax exchange, indicating global crypto giants' entry into the South Korean market.

Meritz Securities: Meritz Securities is reportedly in talks to acquire a stake in Bithumb, positioning itself for deeper involvement in South Korea's digital asset market and potentially gaining strategic exposure to crypto infrastructure.

Binance: Binance has achieved a significant milestone with its stock trading platform, surpassing $1 billion in AUM within 30 days, demonstrating strong demand for its services and validating its strategy to bridge crypto and traditional finance.

Meritz Securities: Meritz Securities LLC acts as the clearing broker partner for Vigorous Trading Limited, handling execution, clearing, settlement, and custody of securities for Binance users.

Binance: Binance disclosed a revenue-sharing arrangement with Alpaca for its stock trading product, highlighting Alpaca's role in crypto exchange brokerage.

Meritz Securities: Meritz Securities provides securities brokerage services as part of Alpaca's regulated operations.