Correct list is actually *4 markets*, not 3 - and it's *considering*, not confirmed expansion.$AGT $ICNT $TIA
*What Richard Teng told Fortune at TOKEN2049 Singapore Oct 12-13, published Oct 13:*
> "We are weatherproofing ourselves. A lot of our users say: 'Hey, I want to have exposure to, let's say, the top 10 Hong Kong stocks, top 10 Korean counters, top 10 Taiwanese, Brazilian counters.' We're looking at what our users demand and giving them that."
Exact quote repeated on his X: _"A lot of users tell us: 'I want access to the top stocks in Hong Kong, Korea, Taiwan, Brazil…' So we're listening, and exploring how to expand stock access across more global markets."
*Status:*
- *Exploratory / demand assessment* - no confirmed plans, no timeline, no product structure (tokenized vs direct)
- Binance framing it as *all-in-one / everything exchange* pivot
*Context in 2026:*
- *June 2026:* Binance launched *direct trading for 7,000+ US stocks/ETFs* for non-US users + *bStocks on BNB Chain* (tokenized equities/ETFs) - passed *$1B AUM in ∼4 months*, first tokenized equity product to do so. *40% of volume happens outside US market hours*
- Also launched tokenized *commodity derivatives (precious metals, oil)* and *pre-IPO perpetual futures settled in USDT* (e.g., Anthropic valuation)
- *Why:* Crypto prices still far below Oct 2025 highs, transaction revenue pressure - Coinbase *$359.5M net loss Q2 2026, 3rd consecutive quarterly loss*
- Competitors: *Coinbase* added stocks, perps, prediction markets Dec 2025; *OKX* + *ICE (NYSE owner)* JV for tokenized US shares
- Regulatory gating factor biggest hurdle, especially Hong Kong SFC, Korea FSC, Brazil CVM
*What Richard Teng told Fortune at TOKEN2049 Singapore Oct 12-13, published Oct 13:*
> "We are weatherproofing ourselves. A lot of our users say: 'Hey, I want to have exposure to, let's say, the top 10 Hong Kong stocks, top 10 Korean counters, top 10 Taiwanese, Brazilian counters.' We're looking at what our users demand and giving them that."
Exact quote repeated on his X: _"A lot of users tell us: 'I want access to the top stocks in Hong Kong, Korea, Taiwan, Brazil…' So we're listening, and exploring how to expand stock access across more global markets."
*Status:*
- *Exploratory / demand assessment* - no confirmed plans, no timeline, no product structure (tokenized vs direct)
- Binance framing it as *all-in-one / everything exchange* pivot
*Context in 2026:*
- *June 2026:* Binance launched *direct trading for 7,000+ US stocks/ETFs* for non-US users + *bStocks on BNB Chain* (tokenized equities/ETFs) - passed *$1B AUM in ∼4 months*, first tokenized equity product to do so. *40% of volume happens outside US market hours*
- Also launched tokenized *commodity derivatives (precious metals, oil)* and *pre-IPO perpetual futures settled in USDT* (e.g., Anthropic valuation)
- *Why:* Crypto prices still far below Oct 2025 highs, transaction revenue pressure - Coinbase *$359.5M net loss Q2 2026, 3rd consecutive quarterly loss*
- Competitors: *Coinbase* added stocks, perps, prediction markets Dec 2025; *OKX* + *ICE (NYSE owner)* JV for tokenized US shares
- Regulatory gating factor biggest hurdle, especially Hong Kong SFC, Korea FSC, Brazil CVM