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🔥BTC/USDT

BIT launches Hong Kong stock trading platform

2026-10-12 04:27

BIT has begun offering Hong Kong stock trading through a newly branded securities operation, BIT Securities, giving its existing users a single account for U.S. equities, Hong Kong-listed shares and digital assets. The rollout also allows customers to fund Hong Kong stock transactions with USDT and USDC, removing the need to first convert stablecoins into Hong Kong dollars or maintain a traditional bank account, according to the company.

The service, which opened on Oct. 12, covers stocks listed on both the Main Board and Growth Enterprise Market of Hong Kong Exchanges and Clearing, or HKEX. It includes IPO subscriptions and margin trading, while stablecoin deposits and withdrawals are available around the clock. BIT said certain transfers can settle in seconds, although timing will depend on the blockchain network and transaction conditions.

The launch places stablecoin-based funding directly alongside access to one of Asia’s most active equity markets. Hong Kong Financial Secretary Paul Chan said the city raised HK$388 billion through new share sales in the first nine months of 2026, underscoring the scale of its IPO market this year. HKEX also reported average daily turnover of HK$283 billion during the first half of 2026.

Existing BIT users can activate Hong Kong stocks

BIT said customers already using its U.S. stock service will be able to turn on Hong Kong trading without opening a separate account. The company launched U.S. equity trading in February 2026 and subsequently added margin trading, short selling and options within eight months.

BIT Securities says it now covers more than 10,000 U.S.-listed stocks and exchange-traded funds, alongside the newly introduced Hong Kong market access. USD wire transfers remain available, but stablecoin funding is central to the company’s pitch: users holding USDT or USDC can move funds into a securities account without relying on bank settlement windows.

That arrangement could appeal to crypto-native traders who hold a portion of their balances in dollar-pegged tokens and want access to listed equities without repeatedly moving money between on-chain wallets, banks and brokerages. It also creates a more direct connection between stablecoin liquidity and conventional securities trading, though customers remain subject to onboarding, identity verification and jurisdictional restrictions.

The global stablecoin market had reached nearly $316 billion in value by late 2026, according to figures cited by the company. Much of that supply has historically circulated through cryptocurrency trading, decentralized finance and cross-border transfers. A regulated securities-facing route for stablecoins expands their use into another category of financial activity, while concentrating greater attention on the custody, conversion and compliance standards behind those transactions.

Bhutan-licensed entity operates the service

BIT said its Hong Kong stock operation is run by Matrix Gelephu Pte. Ltd., a wholly owned subsidiary licensed by the Gelephu Financial Services Office in Gelephu Mindfulness City, Bhutan.

Trade execution and custody are provided by Atomic Vaults Asia, which BIT identified as a Hong Kong Securities and Futures Commission-licensed broker for Type 1 regulated activity, dealing in securities. Type 1 licensing covers the handling of securities transactions such as stock dealing.

Under the structure outlined by BIT, customers are the beneficial owners of the Hong Kong shares they purchase. The company said users retain shareholder rights, including the right to receive dividends and vote, subject to relevant laws, exchange rules and intermediary arrangements.

The cross-border setup is likely to be closely examined by users accustomed to the clearer legal boundaries of domestic brokerages. BIT’s service combines a Bhutan-licensed operating entity, a Hong Kong execution and custody provider, blockchain-based deposits, and access to securities traded under Hong Kong market rules. Customers would need to understand which entity performs each function, particularly when considering custody protections, corporate actions or any dispute involving account access.

Hong Kong stock trading through BIT Securities is unavailable to Hong Kong residents and users in other restricted jurisdictions, the company said. That limitation means the service is designed for eligible offshore customers seeking exposure to Hong Kong equities rather than the local retail market.

Promotions target IPO and margin activity

To mark the rollout, BIT said eligible customers can receive zero-commission Hong Kong share trading through Nov. 11, 2026. The campaign also offers zero interest and zero subscription fees for margin IPO subscriptions, an HK$100 platform-fee voucher and a Level 2 Hong Kong market-data card.

Level 2 data generally provides a deeper view of buy and sell orders than standard market quotes, allowing users to see more of the order book. The promotion’s margin component may be particularly relevant during a busy listing period, since IPO margin financing lets customers subscribe for more shares than their cash balance would otherwise support. Borrowing also magnifies losses if a new listing trades below its offer price.

BIT said eligibility and reward distribution are governed by its campaign announcements. The company did not position the offer as universally available, and users must complete the required account-verification process before using securities features.

Stablecoins meet Hong Kong’s equity timetable

The product connects two markets that operate on very different schedules. Stablecoins can move across blockchain networks at any hour, while Hong Kong equities trade during exchange sessions and U.S. stocks follow a separate timetable. BIT’s consolidated interface is designed to let customers hold assets across those markets, shifting between Hong Kong shares during Asian trading hours and U.S. securities later in the day.

For users, the practical benefit is reduced friction in moving capital between crypto balances and brokerage accounts. The trade-off is that stablecoin funding does not remove market risk, foreign-exchange exposure or the risks associated with margin borrowing. A USDT or USDC balance may be dollar-linked, while Hong Kong shares trade in Hong Kong dollars and can fluctuate independently of any currency conversion process presented by the platform.

Founded in 2019, BIT said it holds more than $6 billion in assets under custody and management and recorded monthly trading volume above $7 billion as of the fourth quarter of 2025. The company said U.S. stock orders are executed and cleared through U.S.-registered broker-dealer partners.

By adding Hong Kong stocks to its U.S. securities and digital-asset products, BIT is testing whether stablecoin holders will use a single platform for cross-market equity trading rather than treating crypto and listed securities as separate pools of capital.


Curious about tokenized equities and cross‑market assets? Explore our guide on tokenized equities and streamline your global trading strategy.

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