On December 1, 2025, Century United Holdings (01959.HK) launched on Ju.com, becoming one of the first Hong Kong stocks to enable full-cycle real-stock custody combined with on-chain staking. This breakthrough introduces the PoSL (Proof of Stock Liquidity) mechanism to traditional equities.

💰 Revolutionary Triple-Yield Model:

• Price Appreciation + Dividend Income + Staking Rewards • Retain full shareholder rights while earning mining rewards • Stocks no longer rely solely on price movement—holding itself produces continuous liquidity

🔐 How xBrokers PoSL Works:

1️⃣ Real-Stock Custody: Licensed brokers hold actual shares with full regulatory compliance 2️⃣ On-Chain Certificates: Generate mining power while preserving shareholder rights (dividends, voting, disclosures) 3️⃣ 30% Dynamic Reserve: Maximizes capital efficiency while maintaining safety through risk management 4️⃣ Triple-Layer Security: SFC-compliant custody + blockchain transparency + smart risk controls

💎 X Token Value System:

• Real Revenue Returns: Buybacks funded by trading fees and platform growth • Governance Rights: Community-driven decisions on listings, fees, and roadmap • Ecosystem Utility: Trading discounts, VIP benefits, preferential subscriptions

🌐 Ju.com Ecosystem Integration:

• 50M+ users across 100+ countries • $5B daily trading volume • JuCard & JuPay: Convert staking rewards directly to real-world spending at millions of merchants

📈 The 100-Stock Plan:

Phase 1: 100+ Hong Kong stocks across tech, finance, healthcare, and property sectors Phase 2: U.S. equities (Apple, Microsoft, Tesla, S&P 500 constituents) Phase 3: Bonds, ETFs, and private placements with "blind-box" IPO allocation

🎯 Market Potential:

• Global stock market: $100+ trillion value • Current RWA tokenization: ~$35B (dominated by treasuries) • 1% stock tokenization = $1 trillion market opportunity • Ju.com target: 100M users & $10B daily volume by 2026

🏆 Why This Matters:

✅ Solves mid-cap liquidity issues ✅ Eliminates cross-border investment barriers ✅ Enables instant settlement vs. traditional T+2/T+3 ✅ Fractionalizes shares for retail access ✅ Creates passive income from dormant holdings

From this moment forward, stocks are no longer just certificates waiting for price movement—they are productive assets that continuously generate liquidity rewards like DeFi protocols, while maintaining full TradFi security and shareholder rights.

👉 Read the complete analysis: https://blog.ju.com/01959-hk-stock-liquidity/?utm_source=blog

#01959 #PoSL #xBrokers #Jucom #RWA

Ju.com is rewriting the fundraising playbook by unifying primary issuance and secondary trading into ONE seamless infrastructure. No more juggling exchanges, market makers, and legal teams across five browser tabs!

💰 The Problem:

Traditional issuance: fragmented workflows, separate platforms for listing/market making/compliance Equity financing: costly underwriting, slow approval cycles, limited global access Time wasted = market windows missed

🎯 Ju.com's Solution:

Token Launchpad: Issuance directly connected to secondary trading

Configure allocation, pricing, compliance in one backend JuPay supports fiat/crypto settlement in real-time Market making funds auto-injected at launch—no separate negotiations

xBrokers Early-Bird Subscription Zone: Stock IEO for Hong Kong equities

Small/mid-cap companies can fundraise like crypto projects Global users subscribe with USDT/JU/AIC—no HK brokerage account or FX needed RWA equities track real stock prices via automated arbitrage 30% reserve fund mechanism ensures sustained liquidity

🏆 Key Benefits:

✅ 90% reduction in issuance costs & communication time ✅ One contract, one interface, one risk model ✅ Multi-chain support with built-in KYC & sybil protection ✅ Licensed third-party custody with audit verification ✅ Global investor access for traditional equity issuers

💡 Who Benefits Most:

Crypto projects needing compliant, efficient launches Hong Kong small/mid-cap listed companies Web2.5 firms with traditional equity + Web3 user base Any team where timing & liquidity are critical

🔗 How It Works:

1️⃣ Token Projects: Prepare → Subscribe → Launch (all in one closed loop) 2️⃣ Equity Issuers: Sign agreement → Design subscription plan → Go live in Early-Bird Zone → Staking period → Secondary trading

With Ju.com, issuance isn't just waiting, and trading isn't just a postscript—everything from subscription to market making happens in one ecosystem.

Read the full deep-dive on how Ju.com is making global capital flows effortless: 👇 https://blog.ju.com/jucom-issue-trade-unified-system-tokens-stocks/?utm_source=blog

#JuCom#RWA #Launchpad #xBrokers #Crypto

On December 1, 2025, Ju.com announced the successful completion of the merger between its trial-run stock and the official Hong Kong stock listing. The test stock code 0XXXX.HK was officially switched to 01959.HK (Century United Holdings Limited) at 18:00 (UTC+8) today, marking the full validation—under real market conditions—of the “zero-distance stock trading + stock liquidity rewards” mechanism. With this milestone, Ju.com becomes the world’s first platform to support zero-distance stock trading while providing on-chain incentives for stock liquidity.

Maintenance began at 16:00, and three hours later, users’ test-phase holdings were automatically converted into real listed company shares based on market value. This merger essentially served as a comprehensive stress test of the “real-stock custody + on-chain incentives” architecture. All holdings were settled at the closing price, with stock data verified by the broker before being fully mapped.

The significance of this step lies in the fact that trading data, withdrawal records, and user feedback gathered during the trial phase have now become the foundational samples and parameter inputs for full-scale operation. From the launch of the trial on October 20 to the stock switch on December 1—a total of 42 days—Ju.com validated a previously nonexistent trading logic: when a user buys a stock, they simultaneously inject liquidity into the market, enabling the listed company to achieve better pricing efficiency, while the holder, in addition to standard shareholder rights, can also earn additional liquidity rewards based on clear rules.

The Barriers of Traditional Brokers and Ju.com’s Strategic Path

In the traditional brokerage system, investors who wish to trade Hong Kong stocks must typically open an offshore account—often requiring substantial asset proof—while also bearing FX conversion losses, cross-border remittance fees, and per-trade commissions. Geographic barriers are also significant; for investors outside Hong Kong, many small- and mid-cap stocks suffer from extremely limited liquidity, with orders often left unfilled for long periods.

For more than a decade, Hong Kong has ranked among the top three global IPO fundraising hubs. However, secondary-market trading has remained heavily concentrated in a handful of blue-chip names, leaving a large number of small-cap stocks stagnant, illiquid, or effectively untradeable. This structural liquidity challenge makes it difficult for even long-term-oriented individual investors to consistently contribute liquidity at reasonable cost.

Ju.com dramatically lowers these barriers. After completing KYC, investors can convert USDT into HKDJ, a Hong Kong dollar-pegged stablecoin, and directly trade real Hong Kong stocks. Geographic restrictions are greatly reduced, and investors across time zones share the same order book and depth. More importantly, the act of buying stocks can be tied to staking and on-chain incentive mechanisms, meaning trading behavior is directly recognized as a liquidity contribution.

For example, when User A buys Tencent shares through Ju.com, the order is mapped 1:1 via a partner broker into real custodial holdings under User A’s name. Tencent receives genuine buying interest from global investors, improving secondary-market liquidity. Meanwhile, User A—according to predefined rules—can continue to earn long-term liquidity incentive rewards.

The core of this model is transforming liquidity from an abstract financial concept into a quantifiable, incentivized contribution. In the traditional system, investor returns primarily depend on price appreciation or dividends. In the Ju.com system, because trading behavior improves market efficiency, users gain an additional earnings path via liquidity rewards.

The Reserve Fund Mechanism: Underpinning the Incentive Model

The token incentive system is supported by a reserve fund pool jointly contributed by listed companies participating in the ecosystem. Each Hong Kong-listed company integrated into the Ju.com and xBrokers ecosystem allocates reserve funds equal to 30% of its market capitalization. These funds are dedicated to repurchasing ecosystem tokens in the secondary market and providing liquidity, thereby supporting token value and enhancing the sustainability of the incentive model.

When users receive token rewards, the reserve fund pool repurchases tokens according to set rules, generating continuous buy-side pressure. As more Hong Kong companies join, the size of the reserve fund grows, strengthening token liquidity and value stability over time. Users thus receive incentives backed by real financial resources.

This design addresses a common issue in crypto markets: when token prices fall, mining yields shrink, leading to user attrition, which further pressures the token price—a negative feedback loop. The reserve fund mechanism introduces external capital flows from listed companies, easing this internal circular pressure. As long as more companies join the system, the reserve pool continues to expand, giving the token stronger fundamental support.

A Three-Layer Closed Loop: Subscription, Trading, and Staking

The xBrokers ecosystem on Ju.com consists of three interconnected sectors corresponding to stock financing, secondary-market liquidity, and long-term incentives.

The Early-Bird Subscription Zone allows users to participate in early-stage Hong Kong stock offerings. Traditional IPO allocations are typically reserved for institutions; retail investors either cannot participate or must buy at higher secondary-market prices. On Ju.com, the subscription threshold is significantly lower, and users can participate using supported crypto assets. After subscription, stocks enter a staking period during which users earn token rewards while retaining full shareholder rights such as dividends.

The Free-Trading Zone provides secondary-market trading mapped 1:1 to real shares. All corresponding stocks are held by licensed brokers, and mapping data is stored on-chain for transparency. Users can withdraw stocks to any brokerage account that supports Hong Kong trading, verifying their authenticity. During the trial, several users successfully completed withdrawals, offering real validation of the “on-chain trading + broker custody” model.

The Stock-Staking Mining Zone turns static assets into yield-generating tools. Users stake their Hong Kong stocks to earn token incentives. Shareholder rights remain unaffected during staking—dividends continue as normal. Once the staking period ends, the stocks automatically unlock, and users may choose to hold, sell, or stake again.

Together, these three sectors form a complete cycle: the Subscription Zone introduces new quality assets, the Trading Zone provides liquidity for them, and the Staking Zone offers ongoing incentives for long-term holders. Users obtain shares in the Subscription Zone, freely trade them in the Trading Zone, and earn liquidity rewards through staking—each step reinforces the next.

Phase-One Validation Results and Future Direction

The December 1 stock merger was both a critical technical action and a phase-one validation of the entire architecture.

Trial results show that combining on-chain trading with traditional finance is fully viable. Users execute trades on-chain, stocks are held 1:1 by brokers, and shareholder rights follow traditional securities rules. This architecture preserves blockchain transparency and efficiency while meeting compliance requirements of traditional finance.

Liquidity incentives performed well during the trial. Data such as trading activity, order book depth, and bid-ask spreads provide a foundation for further optimization. Early participants reported that incentives significantly improved their willingness to trade previously illiquid assets.

Global participation paths have been successfully activated. Ju.com's diverse user base ensures that trading volumes are more evenly distributed across time zones, attracting global incremental liquidity into the Hong Kong market. For companies long constrained by liquidity shortages, this model provides a new structural solution.

After the trial, Ju.com will continue optimizing xBrokers mechanisms based on real-world operational data, focusing on the two core features: zero-distance stock trading and liquidity incentives, ensuring stable ecosystem development.

From 0XXXX.HK to 01959.HK, this merger has pushed the entire mechanism beyond white-paper theory and simulation into real-market execution. Earning liquidity incentives while buying stocks has now produced the first real trading dataset in the Hong Kong market. As more companies and institutions join, the architecture built around “zero-distance stock trading + liquidity incentives” will continue to be tested across a broader sample, and the incremental value it unlocks will be distributed to listed companies and long-term holders participating in the system.

#Jucom #xBrokers #RWA #finance #cryptocurrency