BITFIRE GROUP (01611.HK): Enters RWA integrated operations; to launch Hong Kong's first compliant crypto quant strategy
NewTimeSpace News: On 27 August 2026, Bitfire Group Holdings Limited (stock code: 01611) voluntarily announced its latest business developments. Over the past year, the Group has built mature capabilities in digital asset custody, trading and asset management, and on this foundation will expand into a new integrated operations business line for Real World Assets (RWA), launching Hong Kong's first compliant crypto cross-asset quantitative strategy.
The announcement defines RWA as assets characterized in digital form through tokenization of rights, securities, creditor's rights and alternative assets in the real world, including security-type tokenized assets and digitalized rights of non-security real-world assets. The Group intends to distinguish the regulatory attributes of different assets and conduct business in accordance with the corresponding regulatory requirements.
In terms of business layout, the Group will use RWA as a link connecting three major categories of assets — native digital assets, tokenized US equity assets and traditional alternative assets — leveraging its full-chain capabilities in compliant custody, professional trading and market making, and quantitative asset management to provide institutional and professional investors with closed-loop, full-lifecycle crypto asset allocation services. As the first implementation outcome, the Group will soon launch the first compliant crypto asset quantitative strategy in Hong Kong, which uses crypto assets as the core vehicle, adopts a market-neutral operating model and captures cross-asset neutral arbitrage opportunities; specific parameters including strategy type, investment scope, risk level and minimum subscription amount will be disclosed in due course.
The Board believes that the new RWA integrated operations business represents an important ecosystem upgrade and scenario expansion in the Group's deep cultivation of the digital asset services field, strengthening its cross-asset compliance service moat and broadening its product and customer service landscape; the launch of the strategy marks Hong Kong's crypto asset quantitative industry moving from disorderly trading into a new era of licensed, institutionalized and standardized compliant operations. The announcement also cautions that the business layout and product plans are formulated based on the current market and regulatory environment, that potential expansions may or may not materialize, and that future macroeconomic, industry policy, regulatory and market conditions are subject to uncertainties, urging investors to exercise caution when dealing in the Company's shares.
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