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UMX, incubated by Avenir Group under Li Lin, has launched public testing, bridging cryptocurrency assets and securities trading

On August 10, UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, announced the launch of an invitation-only public beta. UMX is positioned as a crypto-friendly securities platform for global professional investors, supporting spot, leverage, contract, and options trading of crypto assets, while also supporting real US stocks, ETFs, and US stock options trading. The aim is to connect crypto assets and real securities trading on the same platform, enhancing the capital efficiency of cross-asset trading.The public beta focuses on opening the capital link between crypto assets and securities accounts, supporting functions such as stablecoin exchange transfers, non-stablecoin collateralized lending, fiat account withdrawals and deposits, and the mutual conversion of securities holdings and stock tokens. To enhance cross-asset capital efficiency, the platform introduces a cross-asset margin mechanism, allowing financial assets to be used as margin. During the public beta, BTC and USDT financial products will also be launched, with the highest annualized returns reaching 2.5% and 5.5%, respectively. This public beta is invitation-only, and users who have not yet obtained a public beta code can reserve the official version and participate in the early bird benefits program.

Jiuzi New Energy plans to invest up to 30 million USD in AetheriumX to lay out Web3 infrastructure

Coinglass 데이터에 따르면, ETH 전체 네트워크 계약 보유량이 지난 24시간 동안 18.32% 증가하여 현재 총 보유량은 331.02억 달러입니다. 이 중 Binance 보유량은 72.61억 달러, OKX 보유량은 22.76억 달러, Bybit 보유량은 24.94억 달러, Gate 보유량은 42.02억 달러입니다.According to PR Newswire, the Nasdaq-listed Chinese company Jiuzi New Energy (stock code: JZXN) announced the signing of a strategic cooperation memorandum (MOU) with the blockchain infrastructure project AetheriumX, planning to invest up to $30 million in its core product "Distributed Capital Intelligent Protocol" (DCIP). The DCIP protocol is positioned in the fields of decentralized finance (DeFi), GameFi, and digital asset strategy execution, aiming to provide on-chain interaction and asset management infrastructure for the global Web3 ecosystem.According to the memorandum, the cooperation between the two parties will focus on three dimensions: on the technical level, Jiuzi New Energy plans to deeply integrate the DCIP technology stack, embedding on-chain automated strategy execution capabilities into its own business scenarios; on the business level, both parties will jointly develop products and services related to DeFi, GameFi, and digital asset strategy execution; on the ecological level, as the DCIP protocol ecosystem expands, Jiuzi New Energy will participate in the revenue sharing of the protocol and its surrounding ecosystem.
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