Hong Kong's First Compliant Crypto Asset Quantitative Strategy Launches, New Huo Group Expands RWA Comprehensive Operator Business

Odaily News: Bitfire New Huo Group (01611.HK), a Hong Kong-listed licensed company, has announced plans to expand its RWA comprehensive operator business and simultaneously launch Hong Kong's first compliant crypto asset quantitative strategy. New Huo Group stated that this business expansion aims to transform RWA from conceptualized issuance scenarios into standardized financial services that are investable, tradable, quantifiable, and configurable. Looking ahead, New Huo Group will expand into three core business models—RWA asset management, RWA trading and market making, and RWA custody—within a compliant framework, focusing on the key links of RWA asset issuance and circulation.