trade.xyz has purchased UNITREE code and may launch contract trading for YuTree Technology

trade.xyz purchased UNITREE (Yushutech) code at 565.54 HYPE on HIP -3. It is likely to launch perpetual contract trading for Yushutech in the coming days.

Previously, the decentralized trading platform Paragon on HIP -3 acquired UNITREE (Yushutech) code at 577.66 HYPE and has launched the perpetual contract before the IPO of Yushutech.

Yushutech is a leading civilian robotics company in China, set to go public for the first time and list on the Shanghai Stock Exchange's Sci-Tech Innovation Board. This issuance will be conducted through a combination of strategic placement, offline issuance, and online issuance. The proposed public offering will issue 40.446434 million shares, accounting for 10% of the total share capital after issuance, which will be 404.46434 million shares. The preliminary inquiry date is August 5, 2026, and the offline subscription date is August 10, 2026. The company has a special voting rights mechanism arrangement, with the actual controller Wang Xingxing controlling a total of 68.78% of the voting rights under the voting rights differential arrangement.