Up to 20x Leverage... What Are the Leveraged Products Featuring Samsung, SK hynix, and Hyundai Motor? [Weekend Money]

Binance Launches Perpetual Futures Trading for Samsung Electronics, SK hynix, and Hyundai Motor Company

Trading in Tether; Tokenized Securities Service Also Planned

Binance, the world’s largest virtual asset exchange, has launched U.S. stock and exchange-traded fund (ETF) trading services. In addition, the company has begun offering perpetual futures products based on Samsung Electronics, SK hynix, and Hyundai Motor Company as underlying assets. With plans to introduce tokenized securities services in the future, industry observers note that the boundaries between virtual assets and traditional finance are becoming increasingly blurred.

On June 1, Binance enabled some users outside the United States to trade U.S. stocks and ETFs through the Binance application (app). Customer orders from Binance users are routed via Nest Trading, a broker registered with Abu Dhabi Global Market (ADGM), and then executed, cleared, and held in custody by Alpaca, a U.S. broker-dealer and fintech (finance + technology) securities firm. Starting June 4, Binance also plans to offer stock lending services.

Binance has also introduced products enabling indirect investment in Korean company stocks. From June 2, the company began offering perpetual futures trading based on Samsung Electronics, SK hynix, and Hyundai Motor Company as underlying assets. Investors can bet on price fluctuations in these stocks without actually holding the shares. The settlement currency is the stablecoin Tether (USDT), with a minimum trade amount of 5 USDT. Up to 20x leverage is supported. Trading is available 24 hours a day, and users can take positions on both rising and falling prices. In March, Binance also launched Korean-related futures products, most notably the EWYUSDT perpetual futures, which are based on a U.S.-listed ETF tracking a leading Korean stock market index.

Looking ahead, Binance plans to launch ‘bStocks,’ a security token offering (STO) service. The core concept is to allow users to convert their stock holdings on Binance into on-chain assets. Soobin Sim, a researcher at Kiwoom Securities, stated, “With Binance, the largest centralized virtual asset exchange, participating in the tokenized stock market, interest in on-chain finance is expected to rise once again.”

This content was produced with the assistance of AI translation services.