Hupzy (Spot On Chain)|Jun 03, 2026 11:01
๐ Binance disclosed a minority stake in Alpaca, the firm controlling ~94% of the tokenized US stocks and ETFs custody market. Under the deal, Binance receives 50% of Alpaca's PFOF fees and 65% of remaining profit from user stock lending.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This is Binance's clearest push into traditional asset tokenization yet. A revenue share from the dominant tokenized-stock custodian gives Binance a direct pipeline into RWA trading flow โ accelerating the convergence between on-chain and traditional markets. Watch for increased listing activity in tokenized equity products across major DEXs.
--source: https://x.com/WuBlockchain/status/2062116978723303716
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