UMX officially launched today and supports Hong Kong and U.S. stock trading, pioneering the industry's first "hold crypto, get credit to buy stocks" feature.

BlockBeats news, October 16: UMX, a crypto-friendly securities platform incubated by Avenir Group, has announced its official launch and full opening of registration. Since the public beta began on August 10, UMX has received a total of 788 product feedback submissions, with 89 requests implemented in this official version, completing a round of real-world validation based on actual use cases and genuine user needs.

It is reported that UMX originates from the cross-asset management practice of Li Lin's family office team. To break down the barriers between crypto assets and securities, UMX has built a unified trading system covering the full range of Hong Kong and U.S. equities as well as crypto assets. Through cross-asset unified margin, flexible transfers, and the industry-first "hold coins for credit" stock purchasing mechanism, it helps users directly obtain Hong Kong and U.S. equity purchasing power without selling their crypto assets, enabling "hold coins for credit to directly buy stocks."

During the launch period, the platform is simultaneously offering a "Triple Launch Gift." Meeting wealth management targets earns the latest iPhone Duo, participating in trading earns UMX points, and new users can receive up to 100 USDT in rewards.