According to ChainCatcher, New Fire Technology Holdings Co., Ltd. (1611.HK) issued an announcement, announcing that its subsidiary New Fire Asset Management (Hong Kong) Co., Ltd. ("New Fire Asset Management") has obtained the approval of the Hong Kong Securities Regulatory Commission for the application of License No. 1 (Securities Trading) and the upgrade of License No. 4 (Providing Opinions on Securities).

New Fire Asset Management will add the business of distributing virtual asset (VA) related products to professional investors, including but not limited to VA funds, Bitcoin and Ethereum ETFs and VA structured products. At the same time, as a No. 4 license holder, New Fire Asset has been further approved to provide virtual asset consulting services under the No. 4 license.