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UXUY launched the stock tokenization platform uStock to assist U.S. and Hong Kong listed companies in expanding on-chain liquidity

Decentralized exchange UXUY announced the launch of the stock tokenization service platform uStock, primarily targeting small and medium-sized listed companies in the US and Hong Kong stock markets. The platform plans to provide share issuance, on-chain investor distribution, and post-issuance liquidity services, connecting listed companies with global on-chain investors, using stablecoins such as UUSD as tools for subscription, pricing, and settlement.According to the proposed product mechanism, each uToken corresponds to the economic rights of one share of the underlying stock, covering price changes, cash dividends, and corporate actions such as stock splits and mergers. The underlying stocks are intended to be custodied by licensed brokerages, trusts, and other institutions, isolated through independent asset holding entities. The platform plans to disclose stock custody, token issuance, and asset coverage through a Proof of Underlying asset verification mechanism.uStock will establish an initial liquidity pool for uToken/UUSD using part of the raised funds according to the issuance documents and will introduce on-chain market makers. As the spot market and infrastructure advance, the platform intends to gradually support round-the-clock on-chain trading and explore integration with UXUY's self-developed Perp DEX to expand on-chain perpetual contract trading for corresponding uToken assets.UXUY founder 0xKevin stated, "We are bringing stablecoins into more real asset scenarios, allowing US and Hong Kong listed companies to connect with global investors and capital. In the future, we will continuously improve issuance, trading, and liquidity services around real stock rights, establishing a more long-term connection between corporate growth and global on-chain capital."

Bitcoin Asia official sponsor UXUY officially launches the "U Strategy," dedicated to promoting the development of stablecoin infrastructure

ChainCatcher news, UXUY founder Kevin officially launched the "U Strategy" at the Hong Kong Convention and Exhibition Centre. He stated that since UXUY established its Asian AI R&D Center at the Wan Tong Insurance Building in Wanchai, Hong Kong, on April 9, 2024, it has completed the iterative upgrade of its product from version 1.0 to version 2.0. UXUY has officially decided to upgrade the Asian AI R&D Center to a global AI R&D Center and initiate the U Strategy, with the white paper "U: Another Peer-to-Peer Electronic Cash System" set to be released on October 31, 2025, marking the first step of UXUY towards the 3.0 era. "We will become one of the most important builders of global stablecoin infrastructure," Kevin added.It is reported that since Bitcoin Asia settled in Hong Kong, UXUY has been the official sponsor for two consecutive years, with this year's booth located at B - K001 on the 1st floor of the Hong Kong Convention and Exhibition Centre. They have also signed an exclusive contract for RWA drinking water, customizing 2,100 bottles of Bitcoin drinking water. Global UXUY users attending Bitcoin Asia will receive Bitcoin drinking water, available only during the conference for gifting and sale.This year's Bitcoin Asia conference grandly opened on August 28 in Hong Kong, with industry leaders such as Eric Trump, Zhao Changpeng, and Kong Jianping gathering at the Hong Kong Convention and Exhibition Centre to deliver keynote speeches.
Bitcoin Asia official sponsor UXUY officially launches the "U Strategy," dedicated to promoting the development of stablecoin infrastructure
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