Binance has officially launched U.S. stocks. Although, as previously analyzed, there’s a gap in client assets compared to U.S. stock brokers, Binance alone has more users than all those brokers combined—completely dominating them. Even though there might be some exaggeration, Binance’s penetration rate among retail investors is genuinely not low. Many non-U.S. users, due to the complexity and strictness of account opening and KYC with U.S. stock brokers, might really only have Binance as their entry point. This is truly bringing another 'America' (300 million users) to U.S. stocks