Binance's US stock business revealed: Nest Trading is actually an affiliate of Binance
According to the public register of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, the introducing broker responsible for Binance's US stock trading services, Nest Trading Limited, is an affiliated entity of Binance, and its official website registration directly points to Binance. The company completed its registration in ADGM on January 5, 2026, just about 5 months after Binance launched its US stock trading services.
Nest Trading holds an ADGM financial license, with business scope covering investment arrangements, investment agency and proprietary trading, asset management, currency services, and custody arrangements. However, according to regulatory requirements, the company is not allowed to hold or control client funds and assets; the execution, clearing, and custody of user assets are handled by the US brokerage Alpaca Securities, and its currency services are also limited to regulatory-approved stablecoins.
It is noteworthy that Binance previously described Nest Trading as an "independent introducing broker," responsible for routing user orders to Alpaca Securities. Meanwhile, Binance's official website disclosed that it has established three "Nest" entities in Abu Dhabi: Nest Exchange Limited (trading system operation), Nest Clearing and Custody Limited (custody and central securities depository), and Nest Trading Limited (investment trading matching, asset management, and currency services), indicating that it is gradually building a complete on-chain securities infrastructure.
You may also like
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
