xbrokers

ChainCatcher news, according to the official announcement, on October 20, 2025, at 16:00, the xBrokers trading area will officially start trial operation, with the first trading pair "Ju (0XXXX.HK)/HKDJ" launching simultaneously. The opening price is 4.999 HKDJ, which rose to 28.103 HKDJ within 1 hour, an increase of approximately 462%. As of the time of publication, the trading volume exceeded 454,000 shares (equivalent to about 10.21 million HKDJ) in the hour before launch.Ju (0XXXX.HK) is the first real custody Hong Kong stock in the xBrokers trading area, held and recorded on-chain by a licensed broker at a 1:1 ratio. Users can trade freely during the trial operation period and can withdraw stocks to any Hong Kong stock broker account after December 1. This marks the first time real Hong Kong stock assets have entered the crypto trading interface, injecting new liquidity and user participation channels into the Hong Kong stock market.

ChainCatcher news, Ju.com announced that the xBrokers stock trading area will officially start trial operations on October 20, 2025, at 16:00 (UTC+8).During this phase, primary subscription stock trading will be opened, and the trial operation stock is named: Ju (code temporarily set as 0XXXX.HK), with the public offering date from November 15, 2025, to December 1, 2025.The announcement states that trading functions will be available during the trial operation period for users to experience and provide feedback on usage. Primary and secondary shareholders will be able to freely withdraw to any brokerage account that supports Hong Kong stock trading after December 1.The Ju stock during the trial operation phase enjoys the same rights as the subscription stocks.This trial operation marks the official testing phase of xBrokers' Hong Kong stock trading function, providing a new experience for Web3 users to explore real asset trading.

ChainCatcher news, the platform governance token X of the RWA platform xBrokers has officially launched on Ju.com at 18:00 (UTC+8) on October 17.Half an hour before the launch, 6.3 million X originally planned for IEO were destroyed on-chain, and the relevant records can be checked on the JuChain browser. Subsequently, the X/JU trading pair was opened, with the first price generated by market matching, allowing all users to qualify for trading at the same time.X did not conduct an IEO, and there are no team or private placement shares. All circulating tokens are produced through the computing power obtained by users staking Hong Kong stocks, with each X representing the output of real asset staking, rather than pre-allocation. The release of tokens is executed by a smart contract, with a fixed daily release of 72,000 tokens, halving every four years, and all distribution data can be checked on-chain.This launch is centered around the core philosophy of "fair distribution, user ownership, and market discovery." The price of X is not preset and has no guiding range, being entirely determined by market trading. All participants enter the market simultaneously, seeing the same information and following the same rules. Value is not determined by early investment but is jointly discovered by users holding and trading.X is now open for trading on the Ju.com platform. The xBrokers team stated that the launch of the X token is a practice of achieving fairness through a system.