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Avenir Group-incubated crypto-friendly securities platform UMX launches public beta

Avenir集团孵化的加密友好证券平台UMX推出公开测试版
✓ Key facts
  • UMX, incubated by Avenir Group, has launched an invitation-only public beta.
  • The platform is designed for global professional investors to trade crypto assets and real securities on the same platform.
  • During the public beta, UMX offers spot, margin, contract, and options trading for crypto assets, as well as trading for US stocks and ETFs.
  • Users can convert stablecoins into USD and transfer them to their securities accounts with one click.
  • The platform also features a cross-asset margin mechanism and wealth management products with annualized yields up to 5.5%.

UMX (The Unified Market Exchange), incubated by Avenir Group, announced the launch of an invitation-only public beta on August 10. The platform is positioned as a crypto-friendly securities platform for global professional investors, bridging crypto assets and real securities trading on the same platform to enhance capital efficiency in cross-asset trading.

During the public beta phase, UMX opens spot, margin, contract, and options trading for crypto assets, and supports real US stocks, ETFs, and US stock options trading. The platform focuses on opening up the capital channel between crypto assets and securities accounts, allowing users to convert stablecoins like USDT into USD and transfer them to their securities accounts.

UMX has designed mechanisms for cross-market fund transfers, financing, and mutual conversion between crypto and stocks. Users can collateralize non-stablecoin crypto assets to gain purchasing power for trading US stocks and ETFs. The platform also allows securities holdings to be converted into corresponding stock tokens, which can be counted towards the crypto trading account margin.

Additionally, UMX has introduced a cross-asset margin mechanism, where wealth management assets compliant with platform rules can be used as margin. During the public beta, the platform launched BTC and USDT wealth management products, with maximum annualized yields of up to 2.5% and 5.5%, respectively. Users can register through the UMX official website to experience the products and services available during this phase.

中文版

Avenir集团孵化的加密友好证券平台UMX推出公开测试版

UMX(统一市场交易所)由Avenir集团孵化,于8月10日宣布推出邀请制的公开测试版。该平台旨在为全球专业投资者提供加密资产和真实证券的交易服务,以提高跨资产交易的资本效率。

在公开测试阶段,UMX提供加密资产的现货、保证金、合约和期权交易,并支持真实的美国股票、ETF和美国股票期权交易。该平台专注于打开加密资产与证券账户之间的资本通道,允许用户将稳定币(如USDT)一键转换为美元并转入其证券账户。

UMX设计了跨市场资金转移、融资和加密资产与股票之间的相互转换机制。用户可以抵押非稳定币加密资产以获得交易美国股票和ETF的购买力。该平台还允许将证券持有转换为相应的股票代币,并计入加密交易账户的保证金。

此外,UMX引入了跨资产保证金机制,符合平台规则的财富管理资产可以用作保证金。在公开测试阶段,平台推出了BTC和USDT财富管理产品,年化收益率最高可达2.5%和5.5%。用户可以通过UMX官方网站注册,体验该阶段提供的产品和服务。

Original reporting: panewslab.com. StarLive rewrote this story in its own words, preserving the facts; the full third-party article is not reproduced. AI-generated · market intelligence, not financial advice.
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