{"id":73136,"date":"2026-11-11T01:01:17","date_gmt":"2026-11-11T01:01:17","guid":{"rendered":"https:\/\/nftaiverse.com\/?p=73136"},"modified":"2026-11-11T01:01:17","modified_gmt":"2026-11-11T01:01:17","slug":"justin-sun-launches-tokenized-u-s-stock-trading-on-htx-with-20-assets","status":"publish","type":"post","link":"https:\/\/nftaiverse.com\/?p=73136","title":{"rendered":"Justin Sun Launches Tokenized U.S. Stock Trading on HTX With 20 Assets"},"content":{"rendered":"


\n<\/p>\n

\n

Justin Sun has announced the launch of tokenized U.S. stock trading on HTX, introducing 20 stock and exchange-traded fund (ETF) products with USDT trading pairs. The November 9 launch expands the cryptocurrency exchange\u2019s offerings as digital asset platforms increasingly seek to connect blockchain-based trading with traditional financial markets.<\/span><\/p>\n

\u201cUS stock spot trading has officially launched on Huobi HTX,\u201d Sun wrote in an X post, confirming the rollout.<\/span><\/p>\n

The new products provide exposure to major U.S. companies, including Nvidia, Tesla, Circle and Strategy, alongside several ETFs. HTX is also offering zero maker fees through February 9, 2027, and additional trading incentives to attract users.<\/span><\/p>\n

HTX Introduces 20 Tokenized Stocks and ETFs<\/b><\/h2>\n

According to HTX\u2019s <\/span>November 9 announcement<\/span><\/a>, the exchange is listing 20 tokenized assets under the <\/span>bStocks series<\/b>, initially supported on BNB Smart Chain (BSC).<\/span><\/p>\n

The selection includes tokens linked to Nvidia (NVDA), Tesla (TSLA), Alphabet (GOOGL), Circle (CRCL), Strategy (MSTR), Intel (INTC), AMD and Micron Technology (MU).<\/span><\/p>\n

ETF-linked products include Invesco QQQ (QQQ), ProShares UltraPro QQQ (TQQQ) and Direxion Daily Semiconductor Bull 3X Shares (SOXL). The inclusion of leveraged ETFs gives users access to products that can carry significantly higher risks than conventional stocks.<\/span><\/p>\n

All 20 assets are paired with USDT, allowing eligible customers to trade stock-linked tokens directly through HTX\u2019s spot market.<\/span><\/p>\n

Deposits opened at 08:00 UTC on November 9. HTX separately scheduled SPCX\/USDT trading for 09:00 UTC and CRCL\/USDT for 10:00 UTC, with additional pairs expected to launch as liquidity becomes available.<\/span><\/p>\n

However, <\/span>the exchange has not confirmed when withdrawals will open<\/b>. Contract addresses for all 20 assets were published as part of the initial BNB Smart Chain rollout.<\/span><\/p>\n

\"HTX\"HTX<\/p>\n

HTX Introduces 20 Tokenized Stocks and ETFs (Source: <\/span><\/i>X<\/span><\/i><\/a>)<\/span><\/i><\/p>\n

Tokenized Stocks Do Not Provide Direct Share Ownership<\/b><\/h2>\n

Although the products track the economic performance of publicly traded securities, purchasing them does not give users direct ownership of the underlying company shares.<\/span><\/p>\n

An HTX representative confirmed that the initial offering provides eligible customers with economic exposure to underlying securities through blockchain-based tokens.<\/span><\/p>\n

According to the exchange, the tokens are backed by underlying securities or other eligible assets, with custody and redemption arrangements governed by the relevant issuer\u2019s documentation.<\/span><\/p>\n

However, holders generally cannot exercise shareholder voting rights. Dividends, stock splits and other corporate actions are also subject to the issuer\u2019s terms.<\/span><\/p>\n

HTX describes the instruments as tokenized derivatives and warns that their trading prices may differ from the underlying securities, particularly outside regular U.S. market hours.<\/span><\/p>\n

The distinction is important: tokenized stock products offer an alternative way to access equity-linked markets, but they do not necessarily carry the same ownership rights or protections as shares purchased through traditional brokerages.<\/span><\/p>\n

HTX currently supports the bStocks series on BNB Smart Chain, while indicating that additional issuers and blockchain networks could be introduced later.<\/span><\/p>\n

HTX Offers Zero Maker Fees and Trading Rewards<\/b><\/h2>\n

To encourage trading activity, HTX has introduced a promotional campaign running from November 9, 2026, through February 9, 2027.<\/span><\/p>\n

Eligible maker orders on the 20 tokenized stock and ETF pairs will incur zero trading fees<\/b> throughout the promotion. Regular taker fees continue to apply, meaning users seeking immediate order execution may still face trading costs.<\/span><\/p>\n

The exchange is also offering volume-based incentives through a separate campaign running from November 9 to December 9.<\/span><\/p>\n

Users generating at least 10,000 USDT in trading volume in a single day can receive a 100% rebate on the actual trading fees paid that day. Traders reaching 500,000 USDT in volume can also qualify for a share of a 50,000 USDT prize pool.<\/span><\/p>\n

Additionally, the three highest-volume participants, each achieving at least 5 million USDT in cumulative trading volume, will receive rewards equivalent to an iPhone Duo 1TB.<\/span><\/p>\n

These incentives give HTX two approaches to attracting users: reducing costs for liquidity providers and rewarding high-volume traders. However, the taker-fee rebate is conditional and does not represent a universal zero-fee policy.<\/span><\/p>\n

HTX Joins Crypto Exchanges Expanding Into Tokenized Equities<\/b><\/h2>\n

HTX\u2019s launch reflects a broader trend among cryptocurrency exchanges seeking to bring traditional financial assets onto blockchain-based platforms.<\/span><\/p>\n

Binance<\/span><\/a>, <\/span>Kraken<\/span><\/a> and other major exchanges have also explored tokenized equities and stock-linked products, giving crypto investors additional ways to gain exposure to traditional markets.<\/span><\/p>\n

For HTX, the introduction of 20 U.S. stock and ETF-linked tokens expands its trading ecosystem beyond cryptocurrencies while potentially attracting investors interested in combining digital assets with traditional securities.<\/span><\/p>\n

Geographic restrictions remain a key consideration. When asked about eligibility, HTX said it complies with applicable regulatory requirements in the markets where it operates and does not provide services to users in restricted jurisdictions.<\/span><\/p>\n

However, the exchange did not identify specific eligible countries or explicitly clarify whether U.S. residents can access the products.<\/span><\/p>\n

The launch also follows regulatory developments involving Sun and HTX.<\/span><\/p>\n

In March 2023, the U.S. Securities and Exchange Commission (SEC) sued Sun and several related entities over allegations involving unregistered cryptocurrency offerings and wash trading. In March 2026, the SEC dismissed its claims against Sun, the Tron Foundation and the BitTorrent Foundation with prejudice.<\/span><\/p>\n

Rainberry, another defendant, agreed to a $10 million civil penalty under the settlement, with the defendants neither admitting nor denying the allegations.<\/span><\/p>\n

Separately, HTX reached an agreement with the UK\u2019s Financial Conduct Authority in October 2026 concerning financial promotion restrictions and its activities in the British market.<\/span><\/p>\n

HTX\u2019s latest move highlights the growing convergence between cryptocurrency and traditional finance.<\/b> While tokenized equities offer convenient, USDT-denominated access to stock-linked products, their long-term adoption will depend on liquidity, issuer transparency, redemption arrangements and regulatory access.<\/span><\/p>\n

With 20 assets available at launch and promotional trading incentives in place, HTX is positioning tokenized securities as another major component of its expanding digital asset ecosystem.<\/span><\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Justin Sun has announced the launch of tokenized U.S. stock trading on HTX, introducing 20 stock and exchange-traded fund (ETF) products with USDT trading pairs. The November 9 launch expands the cryptocurrency exchange\u2019s offerings as digital asset platforms increasingly seek to connect blockchain-based trading with traditional financial markets. \u201cUS stock spot trading has officially launched […]<\/p>\n","protected":false},"author":27,"featured_media":73137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"kronos_expire_date":[],"class_list":["post-73136","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nft"],"_links":{"self":[{"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/posts\/73136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73136"}],"version-history":[{"count":0,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/posts\/73136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=\/wp\/v2\/media\/73137"}],"wp:attachment":[{"href":"https:\/\/nftaiverse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73136"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/nftaiverse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fkronos_expire_date&post=73136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}