Binance Lists Microsoft and Alibaba, Offering 10x Leverage as TradFi Trading Volume Surges 188%

Binance Futures will offer up to 10x leverage on perpetual contracts for Microsoft and Alibaba, with trading set to begin on April 20. This follows the exchange’s decision to add the two tech giants to its traditional finance (TradFi) trading roster, which has already seen a 188% surge in volume. The move is part of Binance’s broader strategy to position itself as a hybrid platform for both crypto and traditional assets.

Binance added Microsoft and Alibaba to its TradFi trading roster. The exchange has also included Broadcom in the expansion, signaling a widening focus on high-profile global equities. Daily trading volume in TradFi-linked derivatives on crypto exchanges reached $8.6 billion in Q1 2026, with Binance accounting for 41% of that total.

Binance’s TradFi perpetuals reportedly predict Monday market gaps in commodity-related equities with 89% accuracy. This predictive power is one of the structural advantages of crypto platforms over traditional exchanges, which operate only during regular trading hours. Binance data shows that TradFi perpetuals continue to see activity over weekends, acting as early indicators for Monday’s market openings.

The listings mark another step in Binance’s effort to bridge digital asset infrastructure with conventional equity markets. The exchange’s focus is on derivatives-based exposure, offering leveraged access that appeals to active traders and hedge funds. By contrast, Coinbase has pursued tokenization, offering direct onchain exposure to traditional assets. The divergence reflects a growing question in the market: whether users prefer synthetic exposure via derivatives or ownership-style exposure via tokenized assets.

Binance’s expansion into TradFi also reflects a broader industry trend. Several major crypto platforms are integrating traditional financial instruments into their ecosystems. The logic is straightforward: if users trust a platform with their crypto portfolios, they may also be more likely to use it for stocks and other conventional assets. This shift is driven by the 24/7 nature of crypto markets, which allows for continuous liquidity even when traditional exchanges are closed.