On July 16, the "Global Name Collection Activity" of the MyStonks platform successfully concluded, and the official Chinese name for the platform was announced as "麦通" (Mai Tong). This event attracted enthusiastic submissions and votes from community members worldwide, with nearly a thousand creative proposals received. "麦通" was submitted by community member @DMW12123, who won the adoption award for its highly relevant brand meaning, receiving a reward of 888 USDT and being appointed as a community ambassador. Additionally, five creative awards were given to the proposers of "迈市通" (Mai Shi Tong), "迈动" (Mai Dong), "盛世通宝" (Sheng Shi Tong Bao), "巨石通" (Ju Shi Tong), and "我的丝" (Wo De Si), with each receiving a reward of 888 STONKS.
The birth of "麦通" embodies the Web3 native spirit of co-construction, autonomy, and openness. From collection, discussion, voting, public announcement to the final naming, every step involved deep community participation, reflecting the blockchain governance culture of participation and co-creation. This naming not only phonetically translates from MyStonks but also symbolizes the bridging of Web3 and traditional finance, creating an open channel for global users to engage in digital securities and innovative on-chain U.S. stock services. The platform and community members jointly witnessed the birth of the new name, which strengthened the brand's consensus and sense of belonging, further stimulating user autonomy and collaborative innovation.
Decentralization Spirit and Web3 Vision
The fundamental characteristic that distinguishes the Web3 era from the traditional internet is "decentralization"—data and value ownership are controlled by users rather than central institutions. Blockchain networks return data rights to individuals, with each node jointly maintaining network security, eliminating single points of failure and power abuse from central endorsements. Anyone can participate equally, govern, and share dividends; information is immutable, identity is self-managed, and value exchange does not require trusted intermediaries, leading to a more just, transparent, and efficient digital life.
In community governance, the platform's brand, ecological direction, and innovative practices should respect the open spirit of "everyone participates, jointly decides." The process of collecting the Chinese name for MyStonks is a full embodiment of this concept in reality. Thousands of user submissions, votes, and enthusiastic discussions injected genuine community consensus into the platform, imprinting the brand with the spirit of "openness, autonomy, and decentralization."
MyStonks (麦通): Development and Innovation Layout
Since 2025, MyStonks (麦通) has focused on RWA, continuously delving into digital securities and on-chain U.S. stock token innovations. The platform leverages blockchain and smart contracts to 1:1 anchor and tokenize over a hundred global U.S. stocks and mainstream ETFs, including Apple, Amazon, Microsoft, Nvidia, and Tesla, allowing users to conveniently conduct T+0 on-chain trading using mainstream stablecoins like USDT and USDC. In May 2025, the platform partnered with global asset management giant Fidelity, which independently custodies all on-chain U.S. stock assets. The first batch of custodial assets is valued at over 50 million USD, significantly enhancing asset transparency, compliance, and security, while providing high-standard guarantees for subsequent accounting, verification, and third-party audits.
The platform is also continuously advancing in global financial compliance. It currently holds a U.S. FinCEN MSB license and will gradually promote U.S. SEC STO filing, Merkle Tree on-chain asset proof, as well as applications for mainstream digital asset licenses such as EU MiCAR, UK FCA, Singapore MAS, Hong Kong VATP, and Dubai VARA, aiming to build a global multi-market compliance network to provide users with a secure financial service experience that covers cross-border transactions.
In terms of ecological expansion, MyStonks not only strengthens its underlying technical capabilities but also continuously enriches the financial tools and application scenarios of on-chain U.S. stocks. Collaboration with the innovative DeFi protocol Fufuture has enabled U.S. stock tokens to directly participate as collateral in on-chain options and other derivative operations, opening up an imaginative derivatives market for on-chain U.S. stocks. The platform has also reached a rebate and ecological traffic cooperation with the Web3 aggregation platform COPX, leveraging COPX's existing active community and reward mechanisms to achieve deep conversion and sustained growth of on-chain securities and digital asset users. Meanwhile, MyStonks actively participates in international Web3 conferences and industry competitions, widely collaborating with leading DeFi projects, KOLs, and nodes to promote the innovative iteration of coin-based derivatives and global standards for RWA, continuously expanding the brand's global voice.
Conclusion
A series of multidimensional layouts covering technology, compliance, products, and ecology have made MyStonks (麦通) not only an important bridge connecting on-chain securities investment with real assets but also a leader in global capital flow and new financial model innovation. In the future, the platform will continue to work hand in hand with the community and partners to further unleash the advantages of Web3 autonomous innovation, allowing on-chain securities and inclusive finance to truly enter the digital lives of every user.
This article is from a submission and does not represent the views of BlockBeats.
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