bittrade

Cryptocurrency broker HabitTrade announced the completion of nearly $10 million in Series A financing, led by Newborn Town Inc., with follow-on investments from Bright Venture Capital, StableStock, and other institutions.HabitTrade is expanding its compliant brokerage infrastructure globally and accelerating the integration of traditional capital markets with on-chain finance. HabitTrade is currently focusing on the Middle Eastern market; Newborn Town Inc. has a long-established user base and mature localized operational capabilities in the MENA region. This investment is expected to provide accelerated support for HabitTrade's regional expansion in terms of traffic, resources, and market synergy.It is reported that HabitTrade offers comprehensive brokerage services, including trading, settlement, asset custody, and stock tokenization issuance, and supports stablecoins as a settlement method for off-chain financial assets.

HabitTrade today announced the launch of the open-source Stove Protocol. This protocol provides a 1:1 on-chain mapping infrastructure for real, regulated U.S. stock assets through an open, standardized, and zero-protocol-fee design, thereby offering developers and platforms compliant, transparent, and low-threshold stock on-chain capabilities.HabitTrade stated that in the context of the accelerated development of asset on-chain and U.S. stock tokenization, the initiation of the Stove Protocol aims to unite various industry parties to co-build an open and reusable stock on-chain infrastructure, promoting the bidirectional integration of on-chain and traditional capital markets.

ChainCatcher news, Canadian stablecoin issuer Blockchain Venture Capital Inc. (CSE: BVCI) recently announced a strategic partnership with crypto brokerage HabitTrade. The two parties will jointly explore compliant pathways for tokenized stocks on-chain, promoting the construction of a closed-loop for stablecoins on-chain and achieving the encryption and compliant circulation of global assets.HabitTrade will provide BVCI with trading settlement infrastructure, global liquidity support, and financing strategies to accelerate its Web3 business layout. This cooperation marks an important step in both parties' globalization strategy, promoting the compliant implementation and scalable application of stablecoins and on-chain financing in the cross-border market into a new phase.

ChainCatcher news, according to official sources, HabitTrade announced technical architecture support for the real-world asset (RWA) collaboration between IoTeX and UPower. This partnership focuses on building a framework that integrates crypto assets with equity, aiming to establish infrastructure for cross-industry asset circulation.HabitTrade stated that it will continue to expand collaboration with traditional enterprises and builders, deepening the application of RWA in cross-border scenarios. Technical details and capital operation models will be gradually disclosed based on project progress.

ChainCatcher news, the encrypted broker HabitTrade announced that its trading API is officially online. Users can use this interface to trade real U.S. stocks, Hong Kong stocks, ETFs, options, and money market funds directly with USDT, and enjoy the rights of real asset custody and dividends.The main features are introduced as follows:Multi-asset access (U.S. stocks/Hong Kong stocks/ETFs/options/money market funds)USDT settlement ------ no need for fiat currency conversionReal stock trading, enjoying dividend rightsIndependent sub-account clearing, designed specifically for institutional deploymentFast integration ------ suitable for exchanges, quantitative systems, and fintechStable, high-performance order matching and market dataHabitTrade stated that as a licensed crypto broker, it is committed to building infrastructure that connects Web3 with the global traditional financial market.

ChainCatcher news, HabitTrade is a one-stop global asset trading platform dedicated to enhancing asset utilization efficiency and breaking down investment barriers between the crypto and traditional financial markets. The platform allows users to settle in USDT or release purchasing power through bi-directional staking of stocks and cryptocurrencies, covering a variety of products including US stocks, Hong Kong stocks, ETFs, options, money market funds, and cryptocurrencies. Users can directly deposit mainstream crypto assets such as USDT, BTC, and ETH without the need for conversion, entering the global asset trading scene in 0 seconds, truly realizing "assets as trading power."It is reported that the platform is also actively exploring partnerships with institutions, hoping to serve as a supplement to their trading categories and resource channels, providing Web3 users with a more convenient and efficient investment experience, unlocking the potential for cross-market operations.In addition, HabitTrade has launched a limited-time trading event: users who complete a specified number of trading days can unlock the highest "lifetime commission-free" privilege; users who meet the deposit requirements and maintain the corresponding asset levels during the event period also have the chance to receive additional stock rewards of up to $1,000.

ChainCatcher news, according to MEXC market data, the ecological token UPC of the UPCX project has seen a 24-hour increase of 11.36%, with a market capitalization exceeding 380 million USD, peaking at 5.8 USD, and the current coin price reported at 5.3 USD.Previously, it was announced that the Japanese cryptocurrency exchange BitTrade will launch UPCX (UPC) on March 27 at 15:00 on Thursday (planned).UPCX is an open-source payment system that has strong traffic support in the payment, Layer2, and RWA sectors. Utilizing advanced technologies (DPoS + BFT and sharding), it can process thousands of transactions per second. UPCX supports various assets, including NFTs and stablecoins, and provides a user-friendly super payment application. UPCX aims to lead the blockchain payment market and enhance cross-border transactions and financial inclusion.

ChainCatcher news, according to the official announcement, the Japanese cryptocurrency exchange BitTrade will launch UPCX (UPC) on March 27 at 15:00.According to the Web3 asset data platform RootData, UPCX is an open-source payment system based on high-speed blockchain, optimized for payment and financial services. UPCX enhances the automation and simplification of financial processes through a series of technologies and products, including smart contracts, scheduled payments, timed payments, non-custodial custody, and permissioned payments, while providing users with a safer payment experience.

ChainCatcher news, the innovative brokerage HabitTrade announced a strategic partnership with ChainCatcher, and the two parties will jointly launch a one-stop financial information product for qualified investors.It is reported that HabitTrade has combined years of securities system capabilities with Web3 technology to provide qualified investors with flexible global asset management solutions, optimizing asset allocation and enhancing investment efficiency. In addition, HabitTrade currently holds securities financial licenses in countries and regions such as the United States, Australia, and Hong Kong.

ChainCatcher news, according to AASTOCKS, New Fire Technology announced the acquisition of all issued share capital of Avenir Asset Holding for approximately $30.4621 million (about HKD 238 million). The company will pay for this by issuing up to nearly 110 million new shares. Avenir Asset Holding indirectly holds about 84.62% of the issued share capital of BitTrade. Avenir Asset Holding will become a wholly-owned subsidiary of the company, and BitTrade will become an indirect subsidiary of the company. BitTrade is primarily engaged in cryptocurrency trading.The company also acquired approximately 7.69% of the issued share capital of BitTrade from Goldenway for $2.7694 million (about HKD 21.6016 million), and the company will pay for this by issuing up to 9.909 million new shares. The shares mentioned above will collectively account for up to approximately 20.33% of the company's enlarged share capital.It is reported that BitTrade is a licensed virtual currency exchange service provider in Japan. BitTrade has joined the three major self-regulatory associations officially recognized by the Financial Services Agency, which have the ability to formulate and enforce cryptocurrency trading rules and standards in Japan, and can promote the introduction and development of the Japanese security token system. BitTrade is also a member of two associations in the Japanese crypto asset industry.