New Huo Technology: Plans to distribute Bitcoin and Ethereum ETFs to professional investors next year

2024-12-17 11:24:03

Collection

ChainCatcher news, the Hong Kong listed company New Fire Technology has released its annual performance announcement for the year ending September 30, 2024, which discloses:

Based on the latest book net value of FTX available as of September 30, 2024, and referring to the trading price of FTX claims, an impairment loss of HKD 85,897,000 has been confirmed and included in the profit and loss for the year ending September 30.
As of September 30, 2024, the gross profit is approximately HKD 44.2 million, with a net profit of approximately HKD 56.3 million.
In 2025, in addition to the existing compliant virtual asset fund business under license No. 9, a new business will be added to distribute virtual asset (VA) related products to professional investors, including but not limited to virtual asset funds, Bitcoin and Ethereum ETFs, and virtual asset structured products. Furthermore, after the upgrade approval of license No. 4, it is planned to provide virtual asset (VA) consulting services only to professional investors.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.