Weng Xiaoqi, Executive Director and CEO of New Fire Technology, Announces the Launch of International Business Brand Bitfire by New Fire Technology

On November 5th, the "Hong Kong Financial Technology Summit Forum and New Fire Technology Product Launch" jointly organized by Hong Kong-listed company New Fire Technology, Avenir Group and Techub News kicked off at the Grand Hyatt Hong Kong.
Weng Xiaoqi, executive director and CEO of Xinhuo Technology, announced the results of Xinhuo Technology's strategic transformation since it announced the "private-level digital asset steward" on August 27: the high net worth customer base has expanded rapidly, the number of institutional accounts has increased by 8 times, and the number of new account opening customers has exceeded 130, including more than 50 institutional customers. At the same time, the overall asset management scale is expected to increase from 40 million US dollars to 500 million US dollars three months after the official release, with the implementation of the planned business, an expected increase of 12 times.
In addition, Weng Xiaoqi announced at the press conference that Xinhuo Technology officially launched a new international business brand - Bitfire, and fully announced its global strategic layout. Bitfire will be based in Hong Kong and release its flagship product of private digital asset stewardship - Bitfire Prime v1.0 APP, which aims to provide a full range of personal stewardship services to high net worth individuals and institutional clients in Hong Kong. In addition, Bitfire will actively build a global licensed trading matrix based on the Japanese compliance exchange BitTrade, and launch a multi-dimensional exchange brand including Bitfire Exchanges, Bitfire Prime, Bitfire Hub, and DAT Plus.