Core Insights - Futu Holdings Ltd. reported Q2 2025 earnings with revenues of US$676.6 million, a 69.7% increase year-over-year, and non-GAAP adjusted net income of US$338.8 million, up 105.2% YoY [1][2] User Growth and Client Assets - As of June 30, 2025, the company had 27.12 million registered users, 5.24 million brokerage accounts, and 2.88 million funded accounts [2] - Total client assets reached US$124 billion, reflecting a 17% quarter-over-quarter growth and a 68% year-over-year increase [2] Trading Volume - Total trading volume across platforms grew by 12% QoQ and 121% YoY to US$457 billion, with US equities reaching an all-time high of US$343 billion [3] Cryptocurrency and AI Innovations - Cryptocurrency assets increased by 43% QoQ, with the company launching Moomoo Crypto for US investors and expanding cryptocurrency trading services globally [4][5] - The introduction of Moomoo AI, an AI chatbot, aims to enhance investment decision-making for users [6] Product Development and Market Expansion - The company expanded its product offerings, including US stock options trading in Japan and IPO financing in Malaysia, while enhancing trading features across platforms [7] - Moomoo's app maintained the top position in Q2 downloads among local stock trading apps in Australia, Malaysia, Singapore, and Hong Kong [7] Localization and Financial Literacy Initiatives - Moomoo introduced educational sections within its in-app community, reporting growth in daily active users and user engagement [8] - The company partnered with organizations to promote financial literacy, hosting events and providing awards to high schools for excellence in finance [9][10] Recognition and Awards - Moomoo received multiple awards in various markets, including "Top Broker - Highest Number of New Accounts" in Malaysia and "Fintech - Private Wealth Management" in Singapore, highlighting its commitment to customer value [11]

Core Insights - Moomoo is expanding into cryptocurrency trading with the launch of Moomoo Crypto, aimed at providing a comprehensive digital asset investment service for U.S. users [1][2] Company Overview - Moomoo is a global investment and trading platform that empowers investors with user-friendly tools, data, and insights, designed to facilitate informed investment decisions [5][6] - The company operates globally, serving investors in multiple countries including the U.S., Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [6] Cryptocurrency Trading Expansion - Moomoo plans to launch over 30 cryptocurrencies, initially supporting major coins like Bitcoin and Ethereum, with a gradual rollout of additional offerings [2][3] - The platform will utilize Coinbase's Crypto-as-a-Service (CaaS) infrastructure to enhance its cryptocurrency trading capabilities [2][4] - Advanced trading tools will be available, including spot charting and copy trading, with educational resources to assist users in navigating the crypto market [3] Market Context - The move into cryptocurrency comes as digital assets gain mainstream adoption, with increasing retail participation and regulatory clarity in key markets [4] - Moomoo's entry into the crypto sector aims to capture growing demand from its existing user base while attracting new crypto-focused traders [4]