On October 29, crypto-friendly securities platform UMX announced that just two weeks after its official launch, platform assets have surpassed $1 billion. Since launching public beta in August, UMX has continued to attract professional-grade investors, and with the platform now officially open, user demand for allocation and trading across securities and digital assets has grown further.
On UMX, users can complete within a single account what previously required multiple platforms: held USDT can be used directly to purchase U.S. and Hong Kong stocks without currency conversion or transfers; held stocks can serve as margin to open digital asset positions; Hong Kong and U.S. equities, ETFs, options, and digital assets are all allocated and managed under a unified account system. The flow of funds between the two types of markets has been shortened from the previous multiple steps of selling, currency conversion, and transfers to intra-account transfers.
UMX was incubated by Li Lin's Avenir Group and originally began as an internal solution built by Li Lin's family office to address capital efficiency issues in its own cross-market allocation. For investors holding both securities and digital assets, the two asset classes have long been scattered across different accounts and funding systems, and every cross-market operation means lost time and cost. Avenir Group productized this solution and opened it to a broader range of professional investors, forming today's UMX.
Addressing this need, UMX connects digital assets with securities purchasing power through stablecoin transfers, crypto asset financing, and credit facilities, reducing the friction caused by repeatedly moving funds between different markets. As traditional securities and digital asset markets continue to converge, the focus of professional-grade investors is shifting from "whether different assets can be traded" to "how to allocate assets and use capital more efficiently across different markets."
In the next phase, UMX will refine its product system around professional-grade trading and capital efficiency, expand coverage of global securities markets, and strengthen cross-asset capital management, institutional accounts, and professional trading capabilities.
Currently, the platform is still running its launch promotion: users who meet wealth management thresholds can receive the latest iPhone Duo, and new users who complete designated registration and trial tasks can also enjoy rewards of up to 100 USDT, VIP7 fee privileges, and Hong Kong and U.S. stock L2 market data access. Details are available on the UMX official website and official social media accounts.
About UMX
UMX is a crypto-friendly securities platform incubated by Li Lin's Avenir Group, serving global professional-grade investors and connecting traditional securities and digital asset markets. Centered on professional securities trading, digital asset connectivity, unified accounts, and cross-asset capital efficiency, the platform provides investors with a more seamless cross-market trading and asset allocation experience.
Risk Disclosure
• Securities, digital assets, and related products and transactions all involve risks and may result in the loss of part or all of the principal. Past asset scale, user growth, or market performance does not represent future results and does not constitute any guarantee of returns, principal, or liquidity.
• This article is intended solely to introduce platform progress and service directions and does not constitute investment, financial, legal, tax, or other professional advice, nor does it constitute any offer or solicitation.
• Products and services may not be available in your region. For specific product rules, user eligibility, and availability, please refer to the latest UMX product pages, user agreements, official announcements, and other relevant legal documents.
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