Futu integrates Bitcoin and USDT deposits into retail investment app

By: bitcoin ethereum news|2025/05/08 18:15:02

Hong Kong-based brokerage firm Futu Securities has launched a crypto deposit and trading service. The firm disclosed this in an official announcement, stating that accredited investors can deposit and trade Bitcoin, Ethereum, and Tether USDT. According to Futu, the service is available through its retail trading app NiuNiu, and users can switch between traditional financial products and cryptocurrencies with just a click. Thus, it offers users an opportunity to invest in and manage a variety of diversified assets. The announcement stated: “Investors can play with Crypto+TradFi assets through one App, quickly switch between virtual and traditional asset markets, and choose appropriate investment products to control market fluctuations.” Futu is one of the leading retail brokerage platforms in Hong Kong. According to the company, one in every two adults in the city uses its platform, and it has ranked first for downloads among all retail brokerage apps. The company is also licensed by the Hong Kong Securities Regulatory Commission, which means it is regulatory compliant. Interestingly, the firm is seeking to attract more crypto investors to use its platform and is now offering new users up to HK$1,600 in Bitcoin rewards. According to the firm, this is a limited offer with terms and conditions. Futu wants to bridge TradFi with crypto Meanwhile, the firm intends for its app to offer an easy way to connect TradFi with crypto. It stated that most traditional crypto exchanges only offer a single asset, and most TradFi institutions do not have the crypto infrastructure, reducing the opportunity to invest for most users. In order to achieve this, Futu’s platform offers a comprehensive account where users can manage diverse assets from one portfolio and access all investment options through a one-stop platform. Interestingly, it appears Futu does not take custody of crypto assets deposited on its platform. The announcement stated that customers’ crypto assets are deposited on licensed crypto exchanges for safekeeping. Speaking of the new product, the firm’s managing director, Xie Zhijian, noted that the company has the technical ability and capital strength to provide crypto trading services to qualified investors. He said: “As a technology broker, we hope to build a bridge between emerging assets such as virtual assets and traditional assets, and also hope to promote the activity and participation of these two markets at the same time.” The firm is planning to offer deposits and trading for more cryptocurrencies. It is noted that it already offers Crypto ETF trading, simulation trading, and other functions. Thus, improving interoperability between crypto and TradFi assets for investors is its core goal. Hong Kong ranks second among the most-friendly cities for crypto Meanwhile, Futu’s efforts highlight the growth of the digital assets market in Hong Kong. The city has become one of the leading crypto hubs globally due to regulatory clarity and local institutions embracing blockchain technology. Over the past few years, it has passed several laws enabling crypto firms to become regulatory compliant. The Hong Kong Monetary Authority (HKMA) has also embraced blockchain technology with a pilot program for digital currency e-HKD, currently in Phase 2. Unsurprisingly, it is ranked as the second most friendly city for crypto globally, ahead of Singapore, Abu Dhabi, and Zurich. According to the migration platform Multipolitan, only the capital of Slovenia, Ljubljana, ranks ahead of Hong Kong. Multipolitan ranked the cities based on factors such as tax regime, regulations, wealth, and digital infrastructure, and Hong Kong scored high on most of the criteria. However, its push to become a global crypto hub could be under threat as pro-crypto moves in the US increase its appeal for crypto companies. KEY Difference Wire helps crypto brands break through and dominate headlines fast Source: https://www.cryptopolitan.com/futu-bitcoin-usdt-deposits-retail-app/

Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.

BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:

· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure

Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.

Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure

BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:

Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand

The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.

In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.

"Space" to Launch in Q2 2026: Building the Core of SocialFi

BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.

Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures

Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading

$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier

$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.

Main features include:

· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion

With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.

Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility

Currently, $BTX has been listed on several mainstream exchanges, including:

Binance Alpha

Gate

MEXC

OKX Boost

As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.

Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets

BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.

By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."

Conclusion

BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.

With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.

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