UMX, or The Unified Market Alternate, launched an invitation-only public beta on Monday, the platform introduced.
Incubated by Li Lin’s Avenir Group, UMX describes itself as a “crypto-friendly securities platform” and plans to supply cryptocurrency buying and selling alongside actual U.S. shares via a single platform, with a deal with cross-asset capital effectivity.
Avenir Group is a serious institutional holder of Bitcoin exchange-traded funds (ETFs) in Asia and has expanded its investments throughout conventional finance (TradFi) and digital property.
Supply: The Unified Market Exchange
