Condividi questo articolo
Blockstack's STX Token Now Traded on Binance and HashKey Pro
The advance is set to expand investors' access to Stacks (STX) – especially in Asia, a "priority region" for Blockstack.
Di Danny Nelson
Blockstack’s token can now be traded on the Binance and HashKey Pro exchanges, the company said Wednesday.
The advance is set to expand investors’ access to STX – especially in Asia, where HashKey Pro is based and Binance is well-known. Muneeb Ali, Blockstack’s CEO, called Asia a “priority region” in a company statement.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
Ali told CoinDesk:
“It’s very important that we have a global network of users and investors.”
STX is used to register digital assets on the Blockstack blockchain. They are consumed when users register or utilize the something on Blockstack, much like ETH is spent when operating on the ethereum network.
The company raised $23 million in anticipation of the listing, $7.6 million of which came from Asian investors and the rest from Blockstack’s Securities and Exchange Commission-qualified July offering, Ali told CoinDesk.
Ali said that 4,500 separate investors participated in the U.S. round.
But that regulated offering has meant extra scrutiny and even set limits on how Blockstack can interact with U.S. investors. They are prohibited from buying the tokens fueling Blockstack’s 270-odd decentralized applications out of an abundance of regulatory caution, Ali said.
SEC documents released Wednesday similarly indicate that "U.S. persons" cannot buy, sell or trade STX on HashKey Pro or Binance.
Regulatory compliance is at the forefront of the token rollout, as is transparency, the company’s spokesperson added.
In a blog post, Blockstack pledged to release internal documents and made a list of early token backers’ wallet addresses public, so anyone can “know if and when any early backer moves their Stacks tokens.”
Ali’s wallet address is among them. He said he is in it for the long-haul but recognizes that not everyone will sit on STX forever. Said Ali:
“If any of the early backers exit, I think people should know.”
Muneeb Ali image via CoinDesk archives
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
Cosa sapere:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
Top Stories
