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Moomoo's Parent Company Futu Releases Q2 2025 Results: Net Income up 105% YoY to US$339 Million

JERSEY CITY, N.J., Aug. 20, 2025 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd. ("Futu" or "the Company") (Nasdaq: FUTU), a leading global tech-driven online brokerage and wealth management platform, announced its unaudited Q2 2025 earnings. The Company reported impressive financial results with US$676.6 million in revenues, marking a significant increase of 69.7% year-over-year ("YoY"). Additionally, Futu achieved a remarkable 105.2% YoY growth in non-GAAP adjusted net income, reaching US$338.8 million.

 

Strong Growth in User Base and Client Assets

As of June 30, 2025, Futu reported robust performance in its user and client base. The Company registered 27.12 million users, along with 5.24 million brokerage accounts and 2.88 million funded accounts. Futu's total client assets soared to US$124 billion, reflecting a quarter-over-quarter ("QoQ") growth of 17% and an impressive 68% YoY growth. The Hong Kong market experienced strong net inflows, with average client assets increasing by double digits QoQ. Meanwhile, the Singapore market demonstrated significant user growth, where one in two residents is now a moomoo user.

 

Surge in Trading Volume

During Q2 2025, the Company's total trading volume across its platforms increased by 12% QoQ and 121% YoY, reaching US$457 billion. US equities achieved an all-time high with a trading volume of US$343 billion. Furthermore, markets in Singapore, Australia, Japan, and Canada reported historical highs in quarterly trading volumes.

 

Cryptocurrency and AI Drive Product Innovation

In Q2, Futu placed significant emphasis on cryptocurrency and Artificial Intelligence (AI) to fuel product innovation. Cryptocurrency assets on the Company's platform increased by 43% QoQ. Futu is prioritizing the expansion of its cryptocurrency services, with successful launches in Hong Kong and Singapore, and the introduction of Moomoo Crypto to US investors. The Company's strategy includes creating a seamless investment platform that integrates virtual assets with traditional finance.

In conjunction with its cryptocurrency initiatives, Futu launched services that support the complete virtual asset infrastructure lifecycle, including custody, matching, and trading. The Company also introduced cryptocurrency deposit and withdrawal services in Hong Kong and announced plans to explore tokenized money market fund trading services.

AI is another key focus, demonstrated by the launch of Moomoo AI, an AI chatbot designed to enhance users' investment decision-making. Moomoo Membership offers exclusive premium benefits and services, providing advanced tech-driven functionalities to users.

 

Platform Enhancements and Localization Strategy

Futu continues to enhance its platform to meet the diverse needs of investors. The Company introduced US stock options trading in Japan, IPO financing and earnings calendar features in Malaysia, and improved trading features across various platforms. Moomoo's US platform saw overwhelming interest in the Bullish IPO, ensuring all subscribers secured shares. Moomoo's app topped download charts for local stock trading apps in Australia, Malaysia, Singapore, and Hong Kong.

In response to the rising demand for cryptocurrency and options content, moomoo implemented dedicated educational sections within its app. By the end of Q2, the in-app community saw growth in active daily users and engagement, with almost two million visits to its free educational courses.

 

Recognition and Awards

Moomoo's localization strategies and product offerings have earned widespread recognition. In Malaysia, moomoo received awards from Bursa Malaysia as the "Top Broker - Highest Number of New Accounts" and "Top Broker - Highest Traded Value." In Australia, it received the "2025 Canstar Outstanding Value" awards across different investor categories, validating its commitment to a "customer-first" philosophy. In Singapore, moomoo was recognized with the "Fintech - Private Wealth Management" award at the SBR Technology Excellence Awards 2025.

 

About moomoo

Moomoo is a premier global investment and trading platform dedicated to equipping investors with advanced tools, data, and insights. The platform offers sophisticated charting tools and pro-level analytical features that evolve with its user base. Moomoo fosters a dynamic community where investors can learn, share, and grow together.

Headquartered in the US, moomoo has broadened its reach to serve investors across various markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo enjoys the trust of over 27 million investors worldwide, earning accolades from top financial institutions and publications for its innovation and dependability.

For more information, please visit moomoo's official website at www.moomoo.com or contact [email protected].

 

GigaCloud Technology Inc Announces New $111 Million Share Repurchase Program

 

DENVER, Aug. 18, 2025 (GLOBE NEWSWIRE) – In an assertion to leverage their market value and secure shareholder confidence, GigaCloud Technology Inc has unveiled a substantial $111 million share repurchase initiative. Such programs are a strategic maneuver in the corporate finance world, often seen as a move to boost shareholder value or indicate a company’s belief in its undervaluation by the market. Share repurchase programs can provide positive signals to investors, suggesting a company's robust financial footing and its commitment to returning value to its shareholders.

 

XXKK Exchange Unveils "First Deposit Bonus" Campaign

 

In parallel financial news, the global cryptocurrency trading platform XXKK Exchange has announced the commencement of its "First Deposit Bonus" campaign. This initiative is designed to attract new users by offering them a $3 USDT incentive upon their first deposit. While modest in value, this bonus can be particularly enticing for newcomers to the platform, providing them with a tangible offset for TradFi trading margins, capped at 20% per trade. The importance of such a campaign lies in lowering the entry barrier, enhancing the user experience, and potentially increasing platform adoption.

 

Understanding TradFi Contract Fees and Their Impact

 

Beyond the first deposit bonus, XXKK Exchange distinguishes itself through its exceptionally low TradFi contract fees, thereby delivering a cost-efficient route for digital asset trading. Lower fees can significantly impact a trader's profitability, particularly in high-frequency trading environments or when engaged in leveraged positions. Such a pricing structure allows traders to retain more of their earnings, essentially compounding their returns over time.

 

Details and Mechanisms of the Campaign

 

The campaign has certain highlights that are crucial for potential participants to understand. New users who deposit a minimum of 100 USDT become eligible for the $3 USDT bonus, which is automatically applied post-deposit. As is common in promotional offerings, these rewards are dispensed on a first-come, first-served basis, making early engagement advantageous. This aspect of immediacy can drive a rush of initial sign-ups and help lock in user commitment from the onset.

 

Emmalyn Speaks on XXKK's Vision

 

Emmalyn, representing XXKK Exchange, articulates the underlying motive: “Through our first deposit bonus and industry-leading low fees, we aim to provide new users with a highly efficient, convenient, and secure digital asset trading platform, enabling them to easily experience cryptocurrency investment." This statement reinforces the platform’s commitment to offering an accessible avenue for new entrants into the crypto trading space while promoting a secure and user-friendly experience.

 

An Overview of XXKK Exchange

 

XXKK Exchange is noted for its competitive TradFi contract trading features that support major cryptocurrencies, such as BTC, ETH, USDT, alongside a variety of leveraged offerings and blockchain investment strategies. Licensed by reputable authorities like the US MSB and the St. Vincent FSA, XXKK positions itself as a credible entity in the diverse and often volatile world of cryptocurrency trading. The exchange underscores its commitment to safety through advanced risk management systems, real-time monitoring, and dual-factor authentication to protect user assets.

 

Opportunities for New Users

 

For aspiring traders and investors, XXKK Exchange sweetens their offering with an opportunity to earn up to $8,888 through new user bonuses. Additionally, first-time depositors are entitled to a bonus and a 2% cashback on deposits, further incentivizing active engagement with the platform. Such promotions are not just strategic recruitment tools but essential in fostering a vibrant trading community.

 

Important Legal Disclaimers

 

It is imperative to acknowledge the inherent risks associated with investing in cryptocurrencies; such ventures are speculative and can result in significant financial losses. The disclosure and disclaimers provided alongside the promotional materials from XXKK Exchange emphasize the importance of conducting thorough due diligence and seeking independent financial advice before engaging in high-risk investments. The disclaimer serves as a reminder of the volatility in the blockchain space and the potential unpredictability of returns.

 

In conclusion, while the initiative announced by GigaCloud Technology Inc represents a conventional and strategic financial maneuver, the innovative campaigns by XXKK Exchange highlight the evolving landscape of cryptocurrency trading. Both endeavors reflect broader market dynamics and underscore the ongoing confluence between traditional finance and emerging digital asset platforms.

 

KuCoin Futures Launches Global Tour Starting at Blockchain.RIO 2025

 

KuCoin, a major player in the global cryptocurrency market, has announced the launch of its KuCoin Futures Global Tour. This strategic initiative commenced with a significant participation in Brazil's premier blockchain event, Blockchain.RIO, from August 6 to 7, 2025. The event served as a platform for KuCoin Futures to showcase its brand, uphold its core value of trust, and connect with its international community in Rio de Janeiro. Hundreds of industry leaders from the Web3 sphere, influencers, and local users convened to engage in discussions on the latest market trends, technological innovation, and future prospects.

 

Building Trust Through Real-World Engagement

 

At the event, Matt Refael, who spearheads KuCoin Futures' operations in Brazil, emphasized the importance of tangible interactions in the digital industry: "The crypto world doesn't only exist on screens or exchanges -- it must also be experienced and trusted in the real world. Face-to-face interaction with our users is at the core of how we build trust and a sense of community." This appearance transcended regional engagement and marked the official launch of KuCoin Futures’ Global Tour.

 

Breaking Barriers Between Online and Offline Worlds

 

KuCoin Futures, as a leading platform in cryptocurrency futures trading, is driven by the mission "To make crypto accessible to everyone." By hosting offline events, the platform seeks to dissolve the borders between online and offline interactions, thereby fostering transparent dialogue with its users. Such engagements allow KuCoin to share detailed insights into their offerings, align future actions with community feedback, and fortify trust.

 

Commitment to Trust: A Core Value

 

Trust is a fundamental principle for KuCoin Futures. It manifests in various elements such as security compliance, liquidity depth, and superior user experience. Notably, the platform recently achieved a 4th place ranking globally on CoinGlass's derivatives exchange list. By engaging directly with users, KuCoin Futures shares operational insights that nurture a mutual understanding and stronger community ties.

 

Celebrating Eight Years of Innovation and Accessibility

 

This Global Tour aligns with KuCoin's 8th-anniversary celebrations, symbolizing their ongoing commitment to making cryptocurrency accessible worldwide and reinforcing trust through deeper, more personal connections. Over the past eight years, KuCoin has pioneered various innovations and removed entry barriers, ensuring secure and broad access to the burgeoning cryptocurrency realm. Moving forward, KuCoin Futures aims to carry this vision to numerous cities and communities, offering not only digital connection but also real-world interaction that adds warmth and value to the global user community.

 

Expanding the Global Tour to Other Regions

 

After Brazil, the KuCoin Futures Global Tour will expand to regions in Southeast Asia, Europe, and the Middle East. This expanded tour will provide opportunities for users to engage directly with the platform, experiencing firsthand the message of innovation, security, and trust that KuCoin embodies. The tour promises to closely connect with communities, embracing new opportunities that arise in this dynamic era of cryptocurrency evolution.

 

About KuCoin Futures

 

Launched in 2019, KuCoin Futures functions as the derivatives division of KuCoin, delivering a diverse range of perpetual and quarterly contracts across major cryptocurrencies. Catering to both retail and institutional investors, the platform offers a robust, user-friendly, and secure trading experience, underpinning this with deep liquidity and advanced risk management systems. Features such as cross-margin and isolated-margin modes, customizable leverage, and comprehensive API support make KuCoin Futures one of the industry’s most accessible and scalable derivatives trading platforms.

 

 

 

The Launch of OG 88 on the W Chain Platform

 

The W Chain community exultantly announces the introduction of OG 88, a new meme token born from the community's mutual drive and collaboration. Launched by a long-standing member of the WCO community, this token marks its exclusive debut on the freshly launched decentralized exchange (DEX), W Swap. This significant event underscores the power of community effort in innovating and building within the W Chain ecosystem.

 

Symbolism and Mission of OG 88

OG 88 draws its name and inspiration from the powerful numerology of the number 88, a symbol of abundance, prosperity, and success. Recognized as an angel number, the number 88 signifies positive financial opportunities—a core theme that aligns perfectly with OG 88's mission to empower and enrich its community.

 

A Token for the Community, by the Community

 

Conceptualized and brought to life by Danny (known as Doozerdan_Wco on X), the OG 88 token represents a triumph of community empowerment. Danny’s initiative highlights W Chain's enduring commitment to enabling its users to innovate and build.

"I created OG 88 to show what's possible when a community truly leverages the technology at its fingertips," said Danny. "W Swap isn't just a DEX; it’s an intuitive platform that allowed turning a community idea into reality. This initiative stands as a testament to our shared spirit of innovation, showcasing how W Chain's technology empowers us to create something meaningful together for future growth."

 

Community Engagement and Campaigns

 

With positive attention already gathering around OG 88, the community members are overjoyed with the launch's success. Arijit Das, Senior Manager - Marketing and PR, states, "W Swap’s user-friendly design for farms and liquidity pools has been praised by our WayFinders and community reviewers. To capitalize on this momentum, we're launching a 'Questing Campaign', an 'engage to earn' event aimed at driving W Swap usage, incentivizing $WCO staking, and rewarding our community advocates. Ultimately, this aims to convert active users into enduring W Chain supporters."

 

Impact of OG 88 on the W Chain Ecosystem

 

The launch and performance of OG 88 on W Swap demonstrate the enormous potential of the W Chain ecosystem. Harsh Wardhan Gupta, Head of Product, mentions, "The success of OG 88 on W Swap is a clear indicator of our platform's potential. We are witnessing an impressive 500% APY with a standard 0.25% farm liquidity pool fee, leading to a Total Value Locked (TVL) of $400,000 and attracting five new project requests. This success validates our core mission: to build a robust, scalable Layer 1 ecosystem that empowers communities and projects to thrive."

 

Community Reflections on OG 88

 

W Chain community members have expressed their exhilaration and support for OG 88. Dave (Thedavey92 on X), a devoted community member, shares, "It's incredible to see one of our own create a project like OG 88, representing our collective spirit of growth and success." Steeve (Spartan_Steeve on X), a W Chain validator, adds, "The OG 88 launch is precisely what the W Chain ecosystem needed. Projects like this bolster my confidence in W Chain’s ability to attract both new users and developers."

 

OG 88 Tokenomics

 

With a total supply of 8,800,000 tokens, OG 88's distribution is designed to foster community engagement and growth:

• Initial Airdrop (800,000 tokens): Allocated to random OG WCO holders to reward early supporters.
• Community and Content Creation (1,000,000 tokens): Designated for community members and content creators.
• Buyback & Burn Program (2,000,000 tokens): A portion dedicated to funding a buyback and burn initiative.
• General Liquidity (2,000,000 tokens): Reserved for maintaining stable liquidity on exchanges.
• Future Exchange Listing (2,000,000 tokens): Set aside to support listings on centralized exchanges.
• Owner Expenses (1,000,000 tokens): Allocated for development and operational costs of the project.

 

By participating in the OG 88 token, individuals align with a movement aiming for financial growth and community success.

 

About W Chain

 

W Chain stands out as a revolutionary hybrid layer-1 blockchain, integrating public and private facets to enhance scalability, speed, and security in global payments and DeFi solutions. Its ecosystem provides essential products such as WCO for transactions, W+ for improved interoperability, Wave as a high-yield DeFi incentive, and W Swap (DEX) for efficient trading. W Chain is dedicated to realizing a secure, efficient, and community-centric blockchain future.

 

About W Swap

 

W Swap is a state-of-the-art decentralized exchange designed to enable seamless, economical, and secure cryptocurrency trading. Infused within the W Chain ecosystem, W Swap presents lightning-fast transactions, deep liquidity, and an intuitive experience for traders, developers, and institutions.

 

About OG 88 Meme Token

 

OG 88 centers around the potent symbolism of the number 88, embodying abundance, prosperity, and success. The total supply of 8,800,000 reflects the theme of positive financial and material growth. As a community-first project, OG 88 airdrops a portion of tokens to early holders and utilizes a buyback and burn program to reward the community, ensuring lasting value.