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BingX Launches BXUSD, Bringing Fund-Based Yield Opportunities to Its Multi-Asset Ecosystem

Business

BingX Launches BXUSD, Bringing Fund-Based Yield Opportunities to Its Multi-Asset Ecosystem
Business

Business

BingX Launches BXUSD, Bringing Fund-Based Yield Opportunities to Its Multi-Asset Ecosystem

2026-10-19 18:45 Last Updated At:19:55

PANAMA CITY, Oct. 19, 2026 /PRNewswire/ -- BingX, the world's leading multi-asset trading platform, today announced the launch of BXUSD, a yield-bearing savings product backed by investments in a U.S. money market fund managed by Franklin Templeton. The product introduces yield opportunities to the BingX ecosystem, allowing eligible users to receive daily yield distributions while retaining the flexibility to redeem their holdings or use them as margin for USDT-margined futures trading, subject to applicable product terms.

Through its partnership with Franklin Templeton, BingX has invested in the fund to support the new offering. BXUSD is a yield certificate available exclusively within the BingX platform. Eligible users can subscribe with as little as 0.1 USDT, with no subscription fee. Subscriptions are credited instantly to users' spot accounts at a ratio of 1 BXUSD per USDT.

"BXUSD reflects our continued focus on making the multi-asset trading experience more versatile and accessible," said Kevin Lee, Chief Strategy Officer at BingX. "By bringing fund-based yield into our platform, we're giving eligible users more ways to put their assets to work while maintaining the flexibility to move between savings and trading. It's another step in our broader effort to connect digital assets with opportunities across traditional financial markets."

The launch marks another step in BingX's expansion of its TradFi offerings, broadening the platform's capabilities beyond trading to include fund-based savings. BXUSD offers three core features:

  • Daily Yield Distributions: BXUSD offers a variable annual percentage yield (APY), published and updated daily, with earnings automatically distributed in BXUSD.
  • Yield-Earning Trading Margin: Users can transfer BXUSD to their USDT-margined futures accounts and enable Multi-Assets Mode. Under this mode, each BXUSD counts as 1 USDT of margin while remaining eligible to earn yield, subject to the applicable product terms.
  • Flexible Redemption Options: Users can choose between fast and standard redemption options, providing flexibility to access their holdings when needed. Fast redemption typically takes approximately one minute, subject to the applicable conditions.

BXUSD further advances BingX's broader multi-asset strategy by integrating a fund-based savings product into an ecosystem spanning crypto spot and futures trading, copy trading and traditional financial markets. Through continued product development, BingX aims to give users more flexible ways to access and manage opportunities across asset classes within a unified platform.

About BingX

Founded in 2018, BingX is the world's leading multi-asset trading platform, serving more than 40 million users worldwide. From crypto to traditional markets, BingX connects users with a broad range of assets and opportunities across global markets through one unified platform.

With perpetual futures, TradFi offerings, spot trading and copy trading, alongside AI-powered innovations, BingX delivers a reliable, intelligent, and responsive trading experience designed to help traders navigate evolving markets and act on opportunities with greater confidence and efficiency.

BingX has been the Principal Partner of Chelsea FC since 2024 and became the Official Team Partner of Scuderia Ferrari HP in 2026.

For more information, please visit: https://bingx.com/

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BingX Launches BXUSD, Bringing Fund-Based Yield Opportunities to Its Multi-Asset Ecosystem

BingX Launches BXUSD, Bringing Fund-Based Yield Opportunities to Its Multi-Asset Ecosystem

BEIJING, Oct. 19, 2026 /PRNewswire/ -- A news report from China Daily.

The Annual Conference of Financial Street Forum 2026 opened on Monday in Beijing, bringing together more than 400 distinguished guests from around the world.

The theme of this year's conference is "Building an Open Collaborative and Inclusive Ecosystem for Global Financial Development".

When formulating the theme, the main consideration was that changes unseen in a century are accelerating across the globe; the world economy and global financial operations are confronted with challenges, Zeng Linfeng, executive secretary-general of the secretariat of the annual conference's organizing committee and acting head of Beijing's Xicheng district, said at a news conference prior to the forum.

"There is an urgent need to build consensus through openness, overcome difficulties via cooperation, and seek common ground while embracing differences with inclusiveness," Zeng said.

"This year's annual conference calls for more efforts to better coordinate financial development and security, expand development space through opening-up, step up systemic resilience through cooperation, and deliver mutual benefits and win-win outcomes through an inclusive approach," he added.

During the four-day event, a main forum, several parallel forums as well as three conferences on fintech, insurance and investment are set to take place.

The main forum includes opening and closing ceremonies as well as five thematic activities hosted by the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange, respectively.

Leaders of the world's top financial firms such as Standard Chartered and DWS Group will attend the activity of SAFE on Thursday, offering their perspectives on cross-border financial development and cooperation under the new global landscape.

These activities will also discuss topics such as long-term investment opportunities in China's capital market under two-way opening-up and healthy interactions between the financial market and the real economy.

Adhering to the philosophy of opening-up, parallel forums have invited government officials from home and abroad, along with experts, scholars and representatives of international financial institutions. They will share their insights into two major themes: high-level opening-up of the finance sector and financial support for high-quality economic development, aiming to advance international financial cooperation and create a more open, inclusive and resilient financial environment that serves the real economy.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Financial Street Forum's annual conference opens

Financial Street Forum's annual conference opens

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