温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/hi/58630.html
点击访问原文链接

xBrokers Trading Zone Launches Trial Run: From Token Listing to Ecosystem Verification for Real Stock Trading | Bee Network

进入原网站 导航首页
xBrokers Trading Zone Launches Trial Run: From Token Listing to Ecosystem Verification for Real Stock Trading | Bee Network Login ट्रेंडिंग न्यूज़ मीम लॉन्चपैड एआई एजेंट डेस्सी टॉपचेनएक्सप्लोरर न्यूबी के लिए 100x सिक्के मधुमक्खी खेल आवश्यक वेबसाइटें एपीपी अवश्य होना चाहिए क्रिप्टो हस्तियाँ डेपिन नौसिखिया आवश्यक ट्रैप डिटेक्टर बुनियादी उपकरण उन्नत वेबसाइटें एक्सचेंजों एनएफटी उपकरण नमस्ते, साइन आउट वेब3 यूनिवर्स खेल डीऐप मधुमुखी का छत्ता बढ़ता हुआ मंच विज्ञापन खोज अंग्रेज़ी रिचार्ज सिक्के लॉग इन करें डाउनलोड करना वेब3 यूनी खेल डीऐप मधुमुखी का छत्ता विज्ञापन घर•विश्लेषण•मुख्य पाठ xBrokers Trading Zone Launches Trial Run: From Token Listing to Ecosystem Verification for Real Stock Tradingविश्लेषण4 महीने पहलेहाँव्याट 17,646 17 Trial operation arrangements
During the trial operation phase, the first-level subscription shares will be open for trading. The name of the trial operation stock is “Ju”, the code is tentatively set as 0XXXX.HK, and the trading pair is 0XXXX.HK/HKDJ (Hong Kong dollar stablecoin).

During the testing period, trading will be available, and both primary and secondary shareholders will be able to withdraw their shares to any brokerage firm that supports Hong Kong stock trading after December 1, 2025. During the trial period, users who participate in the trial operation will enjoy the same rights and interests as those who subscribe to shares.

The public date is set from November 15 to December 1, 2025, to provide market participants with ample observation and participation windows.

From token launch to trading zone trial operation
On October 17th, the X token was officially launched after 6.3 million tokens were destroyed. The opening price was determined by market forces, and all circulating tokens were mined through community mining. Three days later, the xBrokers trading area began a trial run, marking the beginning of a testing and verification phase for the synergy between the platform’s business and mechanisms.

The launch of the X token solves the issues of incentive allocation and governance ownership. Users gain computing power by staking Hong Kong stocks, and the X tokens mined can be used for platform governance, fee discounts, and other benefits.

The trial run of the xBrokers trading zone incorporates real stock trading into the ecosystem. Users can trade Hong Kong stocks and withdraw their shares to brokerage firms after the trial period, enjoying full shareholder rights. This design will verify the integration of on-chain trading efficiency and traditional finance.

The synergy between these two components lies in the following: the trading zone provides users with access to Hong Kong-listed assets, staking mining provides shareholders with an additional source of income, and the reserve fund mechanism is used for secondary market liquidity management and repurchases in accordance with regulations. Hong Kong-listed companies that join xBrokers are required to set aside a reserve fund of no less than 30% of their market capitalization for secondary market repurchases of X tokens. As more companies join, the reserve fund pool will expand, hopefully enhancing the long-term liquidity and value stability of X tokens.

Technical architecture and compliance framework
The xBrokers trading area adopts the technical architecture of “real stock custody + on-chain verification + compliant deposit”.

The stocks corresponding to the transaction are held in 1:1 custody by a licensed securities firm. The relevant mapping and verification records are recorded on the chain and can be queried on the JuChain browser. The settlement currency is HKDJ (Hong Kong dollar stablecoin).

During the trial period, Ju.com users will receive full equity in their shares, and upon completion of the trial period, their equity will be retained based on the brokerage’s registration. Users must first convert USDT to HKDJ on Ju.com, then use HKDJ to purchase 0XXXX.HK. This design ensures exchange rate stability for Hong Kong stock trading while providing a seamless channel for क्रिप्टोcurrency users. The specific arrangements during the trial period will be used to accumulate operational data and gather user feedback.

Testing and verification of the three-layer collaboration mechanism
The operating logic of the xBrokers ecosystem is based on three mutually reinforcing business segments.

The early bird subscription area lowers the participation threshold for early subscription of Hong Kong stocks. Through blind box subscription and tiered pricing models, it allows retail investors to obtain institutional-level early participation opportunities.

The free trading zone offers secondary market trading with a 1:1 real-share mapping. The pilot phase will verify the technical feasibility and user acceptance of extended matching hours. The traditional Hong Kong stock market often faces liquidity constraints, particularly for small and medium-cap stocks, which often face a situation of being untraded. xBrokers, leveraging its global user base and innovative trading mechanisms, is expected to accumulate empirical data on improving liquidity during testing.

The stock pledge mining zone utilizes a “stocks as mining machines” model. Users pledge Hong Kong stocks to earn computing power and X tokens as rewards. During the pledge period, shareholder rights are retained based on the brokerage’s registration. This mechanism transforms static stock assets into dynamic income-generating tools, creating diversified income streams for holders.

The three sectors form a cycle: the subscription zone provides the market with new investment targets, the trading zone provides liquidity for these targets, and the staking mining zone provides long-term incentives for holders. Users acquire shares in the subscription zone, freely trade them in the trading zone, and receive X tokens as rewards through staking. X tokens can then be used for platform governance and fee discounts, forming a complete value chain.

Observation indicators of trial operation
The trial run will provide key data for subsequent official operations. Trading activity reflects market acceptance, while the distribution of trading volume over different time periods will reveal user participation across different time zones. The depth of the order book will reflect liquidity, and the bid-ask spread will reflect market efficiency.

Withdrawal rate is a key metric for verifying compliance. After December 1st, the proportion and speed at which users withdraw their stocks to brokerages will test the viability of the “on-chain trading + brokerage custody” architecture. A high withdrawal rate indicates user acceptance of the authenticity of the stocks and equity equities. User feedback will be used to optimize the product experience. Suggestions and issues collected during the trial run will help the platform refine technical details, optimize trading processes, and adjust risk control parameters before official launch.

Participation Path
There are two main steps to participating in the pilot.

First, search for HKDJ in the Ju.com search box, select the USDT/HKDJ trading pair, and sell USDT to complete the exchange. Once completed, you can trade 0XXXX.HK. Directly access the 0XXXX.HK/HKDJ trading page from the homepage, or click “बाज़ारs, Spot, xBrokers Zone,” then select 0XXXX.HK/HKDJ to complete the transaction.

The next step for the xBrokers ecosystem
The launch of the trial run marks the transition of xBrokers from concept verification to actual testing stage.

The X token has been launched, and the hashrate pool has commenced operation, with the daily release of 72,000 tokens being implemented as per regulations. The trading area has commenced a trial run, and the technical architecture and compliance processes for real stock trading will be put to the test by the market. The coordinated operation of these two sectors will provide validation data for the long-term development of the xBrokers ecosystem.

After the trial run, the platform will optimize its system based on operational data and user feedback, and will gradually expand its access to more Hong Kong stocks. The complete closed-loop system, encompassing the Early Bird Subscription Zone, the Free Trading Zone, and the Stock Pledge Mining Zone, will inject new liquidity into the Hong Kong stock market, providing retail investors with a lower barrier to entry and creating more diverse financing channels for listed companies.

About Ju.com and xBrokers
Founded in 2013, Ju.com boasts over 50 million registered users across 30 countries, making it the fastest-growing exchange in the industry. The platform provides xBrokers with both data traffic and technical support, ensuring the stable operation of the trading system and the continuous optimization of the user experience.

xBrokers is a RWA ecosystem platform for the stock market. Through a “real stock custody + on-chain verification + compliant deposit” architecture, it connects traditional finance with blockchain technology. The platform features an early bird subscription zone, a free trading zone, and a stock pledge mining zone. During the pledge period, shareholder rights are retained according to the brokerage firm’s registration.

X is the xBrokers platform governance token. After a 3% burn, the total supply will be 203.7 million. 72,000 tokens will be released daily, halved every four years, and distributed through community mining. टोकन holders can participate in ecosystem governance, enjoy fee discounts, and benefit from a long-term supply constraint through a rule-based buyback mechanism.

यह लेख इंटरनेट से लिया गया है: xBrokers Trading Zone Launches Trial Run: From Token Listing to Ecosystem Verification for Real Stock TradingRecommended Articles

Related: Real World Bitcoin (RWB) in Action: From Passive Reserves to an Institutional-Grade Asset Class With a market capitalization exceeding $2.2 trillion, Bitcoin remains the leading digital currency. The core driving force behind this trend is its narrative as “digital gold”—a secure, scarce, and highly liquid reserve asset. However, this positioning has also long kept Bitcoin dormant. The “Real-World Bitcoin (RWB)” movement is emerging, aiming to mobilize this massive capital stock and transform Bitcoin from a passive reserve into an asset class that can generate income, can be circulated legally, and can be used by institutions. To gain a deeper understanding of how “Real World Bitcoin” is transforming the ecosystem, Plume surveyed 15 leading protocols building BTC-enabled products on their networks. These partners revealed why they chose to integrate Bitcoin and how they are creating value for institutional users. The results show that Bitcoin is…

# विश्लेषण# क्रिप्टो# एक्सचेंज# मार्केट# टोकन# टूल© 版权声明सरणी 上一篇 It seems to be thriving, but in fact it is lurking in crisis. Will HyperLiquid be the next target of US regulators? 下一篇 Popular Interaction Collection | Brevis Phase 1 Mission; OpenMind NFT Minting Mission (October 20th) 相关文章 3 Altcoins That Reached All-Time Low Today — February 25 झांगमिंग लुओ 37,701 2 The AI sector saw a general rise, with a look at the latest progress in Web3 AI projects. 6086cf14eb90bc67ca4fc62b 18,115 Trump mediated, Iran and Israel ceasefire, the Federal Reserve hinted at a rate cut, and the crypto market reversed over 6086cf14eb90bc67ca4fc62b 28,280 UpOnly NFT’s three-year rebirth: Coinbase spends $25 million to buy back the right to speak 6086cf14eb90bc67ca4fc62b 18,606 Guotai Junan surged 190%, will Hong Kong stocks also usher in the crypto-stock boom? 6086cf14eb90bc67ca4fc62b 31,029 Is the DEXX theft incident coming to an end? New controversial points emerge again 6086cf14eb90bc67ca4fc62b 35,809 कोई टिप्पणी नहीं टिप्पणी करने के लिए आपको लॉगिन होना होगा! तुरंत लॉगइन करें कोई टिप्पणी नहीं... Bee.com दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों कॉइनकार्प बिनेंस कॉइनमार्केटकैप कॉइनगेको कॉइनलाइव कवच बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें खोज खोजइनसाइटऑनचेनसामाजिकसमाचार उत्तर: एयरड्रॉप शिकारी डेटा विश्लेषण क्रिप्टो हस्तियाँ ट्रैप डिटेक्टर हिन्दी English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia اردو Русский हिन्दी

智能索引记录