UXUY Launches UStock, Opening a New Era of On-Chain Finance for Public Companies

Singapore, October 28, 2026 -- On October 27, 2026, UXUY (uxuy.com), a decentralized exchange incubated by Binance Labs and backed by YZi Labs, announced the launch of UStock (ustock.finance). Positioned as an on-chain capital markets platform for publicly listed companies, UStock plans to help companies listed in the U.S. and Hong Kong establish borderless on-chain capital markets through share issuance, on-chain investor distribution, and post-issuance liquidity services.

UStock focuses on small- and mid-cap public companies. Unlike existing models that add on-chain trading access to stocks already traded in traditional markets, UStock aims to build independent on-chain liquidity and price discovery markets for public companies, creating an ecosystem that connects listed companies, stablecoins, and global on-chain investors. Through services in on-chain issuance, trading, and ecosystem development, UStock aims to create new opportunities for small- and mid-cap public companies and on-chain investors.

The Liquidity Challenge

Going public does not necessarily guarantee sustained market liquidity or continued access to capital. For some small- and mid-cap public companies, low trading volumes and limited investor reach can reduce participation, while funding needs for research and development, expansion, and day-to-day operations continue after listing.

According to Hong Kong Exchanges and Clearing (HKEX), GEM market turnover reached HK$3.183 billion in August 2026, down 23.58% year over year, with average daily turnover of HK$152 million. Based on monthly stock trading reports, excluding rights and records with zero turnover, 189 of the 286 ordinary shares recording trading activity had monthly turnover below HK$1 million, representing 66.1% of the total.

These figures highlight limited trading across many stocks on Hong Kong's GEM market, potentially contributing to valuation challenges and difficulties raising additional capital. Expanding investor reach and sustaining trading liquidity remain long-term challenges for some small- and mid-cap public companies.

UXUY founder 0xKevin said: “A public listing is the starting point of a company's journey in the capital markets. For some small- and mid-cap public companies, sustaining investor attention, expanding financing channels, and improving trading activity remain long-term challenges. Through UStock, we hope to create new connections between public companies and on-chain investors, enabling global investors to participate directly in the growth of promising, specialized businesses through stablecoins.”

UXUY: Expanding Stablecoin Use Cases

As stablecoin adoption expands, stablecoins are evolving beyond fund storage, cross-border transfers, and transaction settlement into broader financial applications, including global asset investment and on-chain interactions powered by AI agents.

UXUY continues to expand its products and services around stablecoin accounts. Users can access asset markets—including cryptocurrencies, stocks, commodities, and foreign exchange—using stablecoins such as USDT, USDC, and UUSD. They can also use AI agents for asset screening, strategy execution, and trading assistance. UStock extends UXUY's stablecoin ecosystem into the issuance and trading of assets linked to the economic rights of publicly listed companies, and related on-chain ecosystem development.

Through UStock, users will be able to subscribe to and trade assets linked to public companies using stablecoins such as UUSD, potentially lowering participation barriers for global investors.

For public companies, UStock offers a potential issuance and distribution channel connecting on-chain capital with global investors. For investors, it provides a stablecoin-based route to participate in the issuance and trading of assets linked to the economic rights of listed shares. By connecting stablecoins, public companies, and on-chain investors, UStock aims to expand stablecoins' role in real-world asset investment.

UStock: Real-Stock Custody and a 1:1 Link to On-Chain Equity Interests

UStock will combine custody of actual shares with corresponding on-chain economic interests. The underlying shares will be held in custody by appropriately licensed brokers, trust companies, or other eligible institutions through a separate asset-holding entity designed to keep them separate from the operating company's assets. The specific legal structure will be detailed in the relevant issuance documents.

Under the proposed product mechanism, a uToken will serve as an on-chain representation of the economic interests associated with an underlying share. Each uToken is intended to correspond to the economic interests of one underlying share, including exposure to price movements, dividends, and the relevant treatment of corporate actions such as stock splits and reverse stock splits.

When underlying shares generate dividends, distributions are intended to be settled in UUSD in accordance with product terms. UStock will establish a share redemption mechanism for eligible holders, with eligibility criteria, conditions, and procedures to be disclosed in the issuance documents.

UStock will implement a Proof of Underlying mechanism disclosing the relevant company, the number of shares held in custody, the custody structure, the number of uTokens minted and in circulation, the underlying asset coverage ratio, and the most recent verification date.

Once underlying shares are in custody and relevant issuance conditions are met, the platform will mint the corresponding number of uTokens. Multisignature technology will facilitate joint control by the original shareholder and UStock. Following subscription, tokens will be distributed to on-chain investors and made available for trading.

UStock's planned on-chain liquidity pool mechanism complements this infrastructure approach. Under applicable issuance arrangements, a portion of the proceeds will be allocated, in accordance with disclosures in the issuance documents, to establish an initial uToken/UUSD liquidity pool. The platform also plans to engage on-chain market makers to support trading after issuance. By planning post-issuance liquidity during issuance, UStock aims to provide small- and mid-cap public companies with additional liquidity infrastructure and a new mechanism for on-chain price discovery.

uToken: Building New On-Chain Ecosystems for Public Companies

uToken issuance is intended to go beyond a new way to issue and trade share-linked assets on-chain, opening new possibilities for small- and mid-cap public companies in the digital asset era.

With dedicated on-chain liquidity mechanisms, uTokens are not limited to any single regional stock market's investor base and may reach a broader global pool of eligible investors. Their on-chain trading prices may differ from corresponding share prices in traditional markets, creating a separate venue for market-based price discovery. Such differences do not necessarily indicate a change in the underlying company's fundamental value.

uTokens may also create opportunities for public companies to develop on-chain ecosystems. For example, companies could explore issuing meme tokens associated with their brands to encourage community engagement and strengthen brand recognition; using uTokens within related AI agent ecosystems for payments or other applications; or enabling private companies within their business partner networks to issue tokens that support their own development while deepening their ecosystem relationships with listed companies.

UStock aims to be more than a new channel for distributing and trading assets linked to public-company equity interests. Its broader ambition is to help public companies build on-chain ecosystems and explore new possibilities for digital finance in the evolving digital economy.

UXUY founder 0xKevin said: “UStock represents another step forward in UXUY's stablecoin strategy. By using UUSD as a foundation for subscription, pricing, and settlement, we aim to bring stablecoins into more real-world asset use cases and help public companies reach new investors and sources of capital. Looking ahead, we will continue to develop issuance, trading, and liquidity services around economic interests linked to actual shares, building more enduring connections between business growth and global on-chain capital.”

Contact Info:
Name: Ethan
Email: Send Email
Organization: UXUY
Website: https://www.uxuy.com/

Release ID: 89207517

If there are any deficiencies, problems, or concerns regarding the information presented in this press release that require attention or if you need assistance with a press release takedown, we encourage you to notify us without delay at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our diligent team is committed to promptly addressing your concerns within 8 hours and taking necessary actions to rectify any identified issues or facilitate the removal process. Providing accurate and trustworthy information is of utmost importance.