Latest news with #HTX
Cision Canada
6 hours ago
- Business
- Cision Canada
HTX and BitGo Join Forces to Offer Secure Institutional Trading
SINGAPORE, June 23, 2025 /CNW/ -- HTX, a leading global cryptocurrency exchange, is proud to announce its partnership with BitGo Singapore, the leading provider of secure digital asset infrastructure, to integrate BitGo's Go Network Off-Exchange Settlement (OES) solution. This collaboration marks a significant advancement in HTX's mission to provide users with a more secure, capital-efficient, and streamlined trading experience. As institutional demand for secure and flexible trading infrastructure grows, HTX continues to lead the way in delivering cutting-edge technologies that minimize risk and optimize user experience. The integration of Go Network allows HTX clients to trade crypto seamlessly while keeping their assets safeguarded in BitGo Singapore's regulated cold custody. This ensures full asset control and segregation, enabling users to mitigate counterparty risk while maintaining uninterrupted access to HTX's deep liquidity and advanced trading infrastructure. "At HTX, security and trust are non-negotiable," said Justin Sun, Advisor to HTX. "By integrating BitGo's Go Network, we're setting a new standard for institutional-grade trading. We are excited to collaborate with BitGo to deliver a next-level trading experience that prioritizes user protection and operational excellence." Enhanced Security with Institution-Grade Custody The Go Network architecture ensures that client funds remain in cold storage and insured up to $250M under BitGo Singapore Pte. Ltd., which has its Major Payments License from the Monetary Authority in Singapore . Assets are never exposed to exchanges or counterparties, and remain bankruptcy-remote and fully in the client's name. This security model aligns seamlessly with HTX's stringent compliance and user protection protocols. Capital Efficiency Through Off-Chain Settlement With their assets securely kept in the BitGo custody, clients can allocate trading capital to HTX as needed and execute trades using allocated funds without moving assets directly onto the exchange. This provides HTX users with greater flexibility to deploy capital efficiently, optimize strategies, and respond quickly to market opportunities — all while preserving asset control. Streamlined Post-Trade Operations By segregating custody and trading functions, HTX and BitGo Singapore deliver operational simplicity and risk mitigation. Users benefit from automated post-trade settlement workflows within BitGo Singapore's regulated custody rails. This reduces manual friction and ensures greater transparency, compliance, and reliability throughout the trade lifecycle. Reinforcing HTX's Vision for a Safer, Smarter Trading Ecosystem This partnership with BitGo Singapore aligns with HTX's broader strategy to enhance user experience, strengthen platform resilience, improve institutional accessibility, and expand its ecosystem through selective collaborations. By embracing cutting-edge custody and settlement infrastructure, HTX continues to raise the bar for operational transparency and institutional adoption in the crypto space. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or and follow HTX on X, Telegram, and Discord. About BitGo BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit
Cision Canada
7 days ago
- Business
- Cision Canada
HTX Ventures Explores How Stablecoins Are Building a New Dollar Infrastructure for Global Payments
SINGAPORE, June 17, 2025 /CNW/ -- HTX Ventures, the global investment division of leading crypto exchange HTX, has released a new in-depth report, " The On–Chain Extension of the Dollar: Stablecoins, Shadow Banking, and the Reshaping of Global Payment Power." The research outlines how stablecoins are emerging as a decentralized, dollar-pegged financial system — one that could challenge and complement traditional cross-border payment architecture. Constructing a Parallel Dollar Network: Reframing Payment Architecture While the U.S. dollar has long dominated cross-border payments, the existing system suffers from structural inefficiencies: high transaction costs, slow settlement times, strict regulatory oversight, and widespread financial exclusion. Against this backdrop, stablecoins offer a permissionless, highly liquid, near-instant payment alternative underpinned by blockchain technology and pegged to the dollar. Key advantages include: Instant settlement and real-time clearance enabled by blockchain's unified transaction structure; Borderless circulation that only requires wallet access and internet connectivity; Integration with multi-chain ecosystems and payment APIs, with tokens like USDT and USDC now deployed across Ethereum, Tron, and Solana; Functioning simultaneously as settlement assets and stores of value, particularly useful in high-inflation economies where they increasingly substitute for local fiat. In effect, stablecoins are forming a more efficient, inclusive, and censorship-resistant on-chain dollar network. Use cases are rapidly expanding — from individual remittances in Latin America, where residents rely on USDT amid currency devaluation, to SME trade settlements in FX-restricted countries. These networks dramatically enhance the efficiency of cross-border payments, digital commerce, and Web3 transactions, while also offering dollar-based financial access to the world's 1.3 billion unbanked. More Than Payment Tools: Stablecoins' Role as "On-Chain Shadow Banks" Despite their technical and economic advantages, stablecoins face regulatory, liquidity, and privacy challenges. Their disintermediating nature also raises strategic concerns among central banks and legacy payment networks. Meanwhile, stablecoins are increasingly performing the role of "shadow banks"— effectively acting as on-chain money market funds by transforming fiat deposits into short-term Treasuries while minting on-chain tokens. This architecture enables stablecoins to scale U.S. dollar liquidity across decentralized ecosystems, but it also challenges the traditional monopoly central banks hold over credit creation and monetary issuance. The lack of globally harmonized regulation raises risks related to transparency, systemic liquidity, and user trust. Regulatory Convergence Driving Institutionalization of Stablecoins The growing role of stablecoins in cross-border payments has prompted heightened regulatory attention worldwide. While mature markets such as the U.S. and EU are developing frameworks emphasizing compliance, capital adequacy, and reserve transparency, Asian jurisdictions are exploring hybrid approaches that balance innovation with oversight. HTX Ventures emphasizes that the regulatory certainty and technological neutrality of stablecoins will be decisive in determining whether they can serve as the "dollar infrastructure of the digital age." Clear policy coordination and cross-border regulatory harmonization will be essential to unlocking their full potential in global finance. HTX Expands Stablecoin Ecosystem, Accelerates Global Payment Strategy As an exchange advocate for stablecoin adoption, HTX is actively expanding its stablecoin offering to fortify its position within the global crypto ecosystem. Since May, HTX has listed six new stablecoins: USD1, EURR, USDR, EURQ, USDQ, and AETHUSDT. Among them, USD1, issued by World Liberty Financial — an initiative linked to the Trump family — has garnered particular attention amid the evolving U.S. regulatory landscape. HTX was the first platform globally to list USD1 and has expanded its support for BTC/USD1 and ETH/USD1 trading pairs to further enrich its ecosystem. These new listings enhance users' flexibility in managing assets across multiple chains and currencies, while unlocking new use cases in high-frequency trading, on-chain hedging, and programmable payments. The initiative reflects HTX's strategic vision to support a robust, multi-rail global stablecoin infrastructure. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us.
Cision Canada
12-06-2025
- Business
- Cision Canada
HTX May Performance Report: Trading Volume Surges, Assets Grow Steadily, Rankings Rise Across 6 Major Data Platforms
SINGAPORE, June 12, 2025 /CNW/ -- HTX, a leading global cryptocurrency exchange, has released its May Performance Report, highlighting its strategic growth and strengthened market presence amidst a volatile crypto market. Despite Bitcoin's price fluctuating around $107,000 and prevailing market caution, HTX significantly improved its standing, climbing two spots to rank 8th globally among 45 major exchanges in Kaiko's Q2 2025 Spot Exchange Ranking. This achievement designates HTX as the most improved exchange within the Top 10. HTX demonstrated substantial progress across multiple areas in May, including expanded trading activity, branding initiatives, new listings, product innovation, security enhancements, and user engagement. HTX Solidifies Position as a Top-Tier Exchange with Elevated Authority Rankings In Kaiko's exchange ranking, HTX scored the second-highest globally in "Business" and "Technology." Its "Security" performance also received high recognition, positioning HTX among the industry's top exchanges. This upward trend is mirrored across other authoritative crypto data platforms. HTX's CoinGecko ranking soared from 13th to 7th. Its jump from 15th to 9th on CoinMarketCap (CMC) solidifies its reputation as a top-tier exchange for global Web3 users. HTX also holds the 6th position on DefiLlama (North America-focused) and the 3rd on CryptoRank (popular in the CIS region). HTX's consistent ascent in global rankings underscores its steadfast dedication to user asset security, innovative product development, strategic global expansion, and robust service infrastructure. May also saw a notable increase in HTX's trading activity. Active traders grew by 11% MoM, trading volume surged by 33% MoM, and the platform's asset balance rose 11% MoM, marking four consecutive months of positive growth. This highlights growing user confidence in HTX's trading environment, resulting in more consistent capital inflows. HTX Sharpens Its Edge in New Asset Listings, Product Innovation, and Industry Research HTX listed 23 new assets in May, covering stablecoins, meme coins, RWA/DeFi, and InfoFi/AI sectors. USD1, issued by WLFI, made its global debut on HTX and quickly gained traction as one of May's most discussed projects on social media. Meanwhile, SYRUP (Maple Finance), a key RWA/DeFi player, witnessed an impressive 117.7% surge after its May 8 listing. B2, the first meme coin to use the USD1 pool, posted a 40% gain. Other projects, like SOON and NXPC, maintained high social media discussion during their listings by leveraging strong community engagement and platform traffic. HTX rolled out several key product enhancements in May to improve the user experience. These optimizations included launching SEO-optimized Token Detail pages, adding support for custodial sub-account functionality, and implementing multi-asset collateral for margin trading. In May, HTX Ventures, the global investment arm of HTX, released "Industry Insights: Crypto Challenges and Opportunities Amid Macro Noise". This insightful report offers a detailed analysis of key trends and opportunities shaping the current crypto market cycle. Concurrently, HTX Research, the research arm of HTX, published "The New Macroeconomic Landscape and Bitcoin Outlook: An Analysis of Liquidity, Risk Appetite, Policy Dynamics, and Investment Strategy". This comprehensive publication dissects the global macroeconomic environment's influence on the Bitcoin market, assisting global investors navigate the new market cycle's potential risks and opportunities. HTX Prioritizes Security and Transparency to Foster a Trusted Trading Environment Security remains a paramount focus for HTX, with increased measures implemented in May to protect user and platform assets. See details below: HTX remains committed to user asset safety and transparency, evidenced by 32 consecutive months of publicly disclosed asset reserve data. The latest Merkle Tree-based report for June confirms that the platform's overall reserve ratio remains above 100%, with USDT reserves recording positive growth for the third straight month. Throughout May, HTX's customer service team served 138,423 users, resolving 37,851 issues across key areas like P2P trading and on-chain deposits/withdrawals. The team maintained a user satisfaction rate above 83%. At the midpoint of 2025, HTX is accelerating its journey toward becoming a top-tier global crypto exchange, driven by clear strategy, steady progress, and a spirit of innovation. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Associated Press
10-06-2025
- Business
- Associated Press
HTX Ascends in Global Rankings: Solidifying Web3 Leadership Grounded in User Trust
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- HTX, a leading global cryptocurrency exchange, is proud to announce its significant climb in comprehensive rankings across multiple authoritative crypto data platforms. This remarkable upward trajectory underscores HTX's burgeoning recognition and reinforces its position as a trusted leader among users worldwide. HTX continues to earn global user trust through its unwavering commitment to excellence in security, trading depth, user experience, and robust ecosystem development, firmly establishing itself as a pivotal force in the Web3 space. HTX's Global Influence Soars as It Climbs Authoritative Rankings CoinGecko: HTX's ranking on CoinGecko, a globally authoritative crypto data platform, has dramatically risen from 13th to 7th place. This achievement not only reflects a notable improvement in the exchange's overall strength but also underscores its outstanding performance in global user activity, security, and transparency. As a benchmark for crypto asset security ratings, CoinGecko's ranking further affirms HTX's continued efforts to optimize its security systems and drive technological innovation. Source: CoinGecko CoinMarketCap (CMC): HTX has secured the 9th spot on CMC, jumping from 15th on the world's most visited Web3 platform. This significant milestone strengthens HTX's status as a top-tier exchange in the minds of global Web3 users, reflecting its rising influence, growing user trust, and expanding international presence in the crypto space. Source: CoinMarketCap DefiLlama: HTX maintains its 6th position on DefiLlama, a key platform for North America. This consistent ranking showcases HTX's active presence and solid market share in the region, supported by its dedication to global regulatory compliance and its commitment to delivering a secure, transparent trading environment to users. Source: DefiLlama Kaiko: HTX has advanced from 10th to 8th position on Kaiko, a respected platform among North American high-end crypto users, and received an 'AA' rating. Kaiko evaluates the comprehensive performance of over 100 mainstream trading platforms worldwide across six key dimensions: governance, liquidity, technology, business capabilities, security, and data quality. This accolade highlights HTX's excellence in business and technological capabilities, as well as its strong security measures, emphasizing its competitive edge in the high-end market. Source: Kaiko CryptoRank: HTX proudly holds the 3rd position on CryptoRank, a popular platform in the CIS region. This ranking showcases HTX's deep market penetration and growing brand strength, reinforcing its status as a trusted international trading platform for CIS users. Source: CryptoRank HTX Builds Global Trust with a User-First Approach HTX's consistent ascent in global rankings underscores its steadfast dedication to user asset security, innovative product development, strategic global expansion, and robust service infrastructure. Guided by its core philosophy of 'Putting Users First and Ensuring the Security of User Assets,' HTX continually refines its security, enhances the trading experience, and delivers diverse, innovative products worldwide. This unwavering commitment has earned HTX widespread global recognition, solidifying its position as a leader in the crypto market. According to official data, HTX has published its asset reserve records for 32 consecutive months, reaffirming its position as one of the most transparent platforms in the industry. Over the past three months, it has seen a remarkable increase in total asset balances. Notably, USDT holdings have surged from approximately 665 million to 1.15 billion, marking a month-over-month growth of over 30% in May. This reflects HTX's commitment to strengthening asset reserves and enhancing user asset protection. Moving forward, HTX will continue to prioritize user needs, driving continuous improvements in platform security, trading depth, and service quality. Our vision is clear: to establish HTX as the world's foremost comprehensive Web3 trading platform. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of 'Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,' HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or and follow HTX on X, Telegram, and Discord. For further inquiries, please contact Ruder Finn Asia, [email protected] Disclaimer: This is a paid post and is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at:
Malaysian Reserve
05-06-2025
- Business
- Malaysian Reserve
HTX Jumps Two Spots to #8 in Kaiko's Q2 Exchange Ranking
SINGAPORE, June 5, 2025 /CNW/ — HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko's Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter and underscores HTX's growing global influence and robust platform performance. Kaiko, a trusted provider of institutional-grade crypto market data and indices, assessed 45 leading spot exchanges across six weighted dimensions: Governance, Liquidity, Technology, Business, Security, and Data Quality. HTX distinguished itself particularly in the Business and Technology categories, while maintaining top-tier performance in Security. Business Strength: Ranked Second in the Industry HTX secured the No. 2 position globally in the Business category, reflecting its exceptional product depth, operational scale, and innovation capacity. In April alone, HTX listed 14 new tokens covering trending sectors such as staking infrastructure and on-chain narratives. Standout performers included: STO, which saw a post-listing surge of 303% DARK (MCP narrative), up 246% HOUSE (Solana-based meme coin), up 176% HTX also became the first exchange globally to list USD1 (World Liberty Financial USD), a new entrant in the stablecoin space, further cementing its position as a first-mover in emerging asset classes. According to DeFiLlama, HTX achieved a net capital inflow of $472 million in April, the highest among global CEXs—surpassing competitors by 6–7x. In addition, CoinGecko's 2025 Q1 Crypto Industry Report named HTX the only Top 10 exchange with positive spot trading growth, bucking broader market headwinds. Technological Excellence and Seamless User Experience HTX also ranked among the top performers in the Technology dimension, which Kaiko defines by factors such as platform uptime, API latency, and throughput under high-load conditions. HTX's consistent system stability and ultra-low-latency infrastructure have enabled it to deliver a high-frequency trading environment trusted by both retail and institutional users. In Kaiko's analysis, technological excellence is a core driver of user retention—and HTX's performance reinforces its standing as a premium trading venue. Top-Tier Security HTX scored among the highest across the board in Security, thanks to proactive risk management and infrastructure investment. The exchange has maintained zero security incidents for 20+ consecutive months. Recent enhancements include: Multi-device login protections and anomaly transfer alerts Fireblocks Off-Exchange integration to strengthen institutional custody Expanded collaboration with global white-hat partners for 24/7 defense and continuous penetration testing HTX continues to set the industry standard for transparency, with 31 consecutive months of asset reserve disclosures. Its May 2025 Merkle Tree Proof of Reserves confirmed a 73% surge in USDT in April, followed by over 30% growth in May—clear proof of growing user trust and accelerating capital inflows. A Continued Commitment to Excellence HTX remains committed to upholding the highest standards in security, compliance, and market integrity while expanding access to new digital asset opportunities. This recognition by Kaiko places HTX firmly among the elite exchanges shaping the future of the crypto ecosystem. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of 'Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,' HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or and follow HTX on X, Telegram, and Discord.
