According to CoinMeta, Binance announced that it will launch gold and silver options settled in USDT on its regulated exchange in Abu Dhabi, expanding its traditional financial product line. The new option contracts will be listed on Nest Exchange Limited, allowing traders to take exposure to the price fluctuations of gold and silver without having to deliver the physical metals. Retail users can only purchase options, while eligible institutional users and liquidity providers can also write contracts. This move is a continuation of Binance's launch of gold and silver perpetual contracts in January this year, with the aim of expanding regulated access to traditional assets through native crypto trading products.