The "crypto exchange" label is dying.

Binance now offers 7,000+ U.S. stocks and ETFs for direct trading—alongside tokenized securities, commodities, and TradFi perps.

The demand? Insane.

SanDisk perps alone hit ~$6.87B in 24h volume. That's 22% of SanDisk's entire Nasdaq volume.

Stock-linked perp volume across CEXs exploded ~79x this year. Binance owns ~76% of tracked equity perp volume as of July.

$BTC, stocks, gold, commodities—all flowing through the same crypto rails now.

Crypto-TradFi convergence isn't coming. It's already here.