Trade XYZ wins MINIMAX code at 500 HYPE auction, or may launch MINIMAX perpetual contract in the future According to BlockBeats, on May 25th, according to September Jiang (0xMaxs) on social media, the HIP3 target MINIMAX was acquired by Trade XYZ at 500 HYPE, priced in USDC, or may be traded on MINIMAX perpetual contracts in the future. MiniMax is a globally leading general artificial intelligence (AGI) technology company that focuses on independently developing multimodal large models and is known as the "first stock of large models in China". The company was listed on the main board of the Hong Kong Stock Exchange on January 9, 2026, taking only about four years from its establishment to listing, setting a new record for the fastest AI company to go public globally. [Original link]