BIP-110’s forced activation path and a parallel fork threaten to turn a technical dispute into a live chain-split risk just as Bitcoin searches for a price floor.
The exchange that invented the 100x perpetual swap says the closure follows a strategic review rather than financial trouble or regulatory pressure, and will unwind positions on a fixed schedule starting August 26.
Chairman Park Hyeon-joo framed the newly acquired exchange as the foundation for a broader tokenization and stablecoin platform, not a standalone trading venue, days after Mirae Asset pushed its stake in the exchange to 97%.
The expansion starts with Hong Kong-listed equities and will extend to the UK, Europe and South Korea, using GTN's 90-market brokerage infrastructure to move xStocks beyond its US-stocks-only starting point.