The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

June 1 (Reuters) - Crypto exchange Binance said on Monday it has launched stock and exchange-traded ‌fund trading for customers on its platform, ‌expanding beyond digital assets into traditional financial markets.

Here are some ​details of the announcement:

• Binance said users will have access to more than 7,000 U.S. stocks and exchange-traded funds on its app, in addition to crypto ‌tokens.

• Customers will ⁠also be able to buy fractional shares, allowing them to invest in portions of ⁠stocks with as little as $5, the crypto firm added.

• The move comes as the lines between cryptocurrency ​markets ​and traditional finance continue ​to blur.

• The convergence ‌has accelerated as companies seek to offer customers a wider range of financial services through a single platform.

• Binance joins a growing number of platforms that offer customers access to both digital assets and ‌traditional investments, including rival exchange ​Coinbase and retail-focused trading platform ​Robinhood.

• Binance said ​it will also offer 24/5 trading, ‌allowing customers to trade U.S. ​stocks and ​ETFs around the clock on weekdays.

• Extended-hours trading has gained popularity as brokerages and exchanges seek ​to meet ‌demand for access to U.S. markets beyond ​traditional trading sessions.

(Reporting by Manya Saini in Bengaluru; ​Editing by Sahal Muhammed)