Future FinTech partners with Hong Kong company for development of Web3 platforms

Future FinTech’s wholly-owned subsidiary Future FinTech (FTFT)Hong Kong, or FTFT HK, signed a strategic cooperation agreement with HHEX RWA Financial on October 6 to accelerate FTFT’s platform in Web3 and the development of RWA assets. HHEX is a trading platform specializing in Real World Assets transactions. This collaboration will leverage HHEX’s blockchain solutions to work in synergy with FTFT’s expertise in asset management, securities trading, and institutional financing advisory services, along with its existing client base and relationships. The strategic cooperation agreement marks the company’s strategy to enter into a substantive phase of advancement in terms of its RWA engagement. The agreement aims to create compliant RWA tokenized products and services for institutions and high net worth investors. The parties will jointly develop and launch a compliant multi-asset RWA tokenized fund. FTFT will conduct asset selection, product structure design, regulatory compliance and asset risk control, and HHEX will provide the tokenization technology platform and blockchain infrastructure support.