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…