After nearly five years, Binance is once again making a major push into the TradFi market, this time with a significantly more systematic approach. Binance announced that starting February 9th, it will launch five US stock USDT-margined perpetual contracts: MSTR (Strategy), AMZN (Amazon), CRCL (Circle), COIN (Coinbase), and PLTR (Palantir). Upon completion, the number of US stock contracts available for trading will increase to eight, bringing the total number of TradFi-related contracts to twelve. Previously, Binance had already launched perpetual stock contracts for TSLA, Intel, and Robinhood. In addition to US stocks, it will also simultaneously offer contracts for four precious metals: gold, silver, platinum, and palladium, indicating that its TradFi coverage is no longer just a trial. This move is reminiscent of Binance's stock tokenization product launched in April 2021. The first token offered was Tesla stock tokens, priced in BUSD. Essentially a synthetic asset, not a real stock transaction, it was ultimately delisted in July 2021 due to regulatory pressure. However, the environment five years later is completely different: Compliance has become the industry's dominant theme. Tokenized assets have become the core narrative of the integration of TradFi and crypto. Crypto users are once again encountering "stock-like asset" trading on CEXs and DEXs. From this perspective, Binance's return to TradFi is not merely a product comeback, but more like a reboot based on new regulations and a new narrative.