Binance disclosed a revenue-sharing agreement with Alpaca, where it will receive 50% of Alpaca's payment-for-order-flow fees and 65% of stock lending profits after user payouts. Alpaca acts as the clearing broker for Binance’s stock trading, offering access to over 7,000 US stocks and ETFs with low fees and a $5 minimum trade. This partnership supports Binance’s future plans for tokenized equities on its blockchain. While trading appears commission-free, Binance generates revenue through multiple streams, but the arrangement carries regulatory risks due to ongoing scrutiny of payment-for-order-flow and stock lending practices.
Binance has disclosed a minority stake in Alpaca as it expands its US stock and ETF trading service to users outside the United States. The partnership allows Binance to earn revenue from order flow fees and stock lending linked to user trades, while...
Gate, a major crypto exchange, and Alpaca, a fintech brokerage API provider, announced a strategic partnership to bridge digital assets with traditional financial markets. This collaboration aims to offer users unified access to both crypto and conve...
Reality, a tokenized real-world asset platform backed by Bitget, has partnered with U.S.-regulated brokerage Alpaca to strengthen compliance frameworks for tokenized asset access. This collaboration aims to provide regulated pathways for institutiona...
