The company’s growth was underpinned by a steady influx of new capital, adding 32,600 funded clients during the quarter and bringing the total count to 1.3 million. CEO Wu Tianhua attributed the momentum to a diversified global strategy, noting that client assets in the US surged by nearly 50% sequentially. This expansion was supported by the launch of new trading tools, including US index options in Hong Kong and expanded ETF coverage across Singapore and Oceania.
UP Fintech Hits Record Revenue as Global Client Assets Top $60 Billion
UP Fintech Holding Limited reported a record-breaking second quarter for 2026, with revenue climbing 31.4% year-over-year to $182.3 million. The brokerage saw its global client assets swell to $60.7 billion, driven by aggressive expansion across Hong Kong, the US, and the Australia-New Zealand markets.
Operational metrics reflected deeper engagement among sophisticated traders. Total Daily Average Revenue Trades increased 28.4% compared to the previous year, while demand for overnight trading hours in the US market nearly doubled. The firm’s wealth management division also gained traction, with the number of high-net-worth clients holding over $1 million increasing by 16.9% quarter-over-quarter. Additionally, the company’s investment banking arm saw a 67.6% jump in revenue, fueled by the underwriting of 14 Hong Kong IPOs and expanded corporate services for clients like Zhipu AI and Momenta.
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