According to ChainCatcher, Binance officially announced on social media that its Fully Paid Securities Lending (FPSL) service will go live on June 4, 2026.
FPSL allows users to lend their fully paid eligible securities to market participants, earning extra income such as interest in the process. This mechanism mirrors the common securities lending practice in traditional finance, where brokers or custodians facilitate the lending of idle securities to institutions that need them for short selling, arbitrage, or market making.
With the launch of FPSL, Binance users can lend out their crypto securities without transferring ownership, generating interest while retaining their positions. Further details will be released by Binance according to official rules.