Core Viewpoint - Future FinTech Group Inc. has entered into a strategic cooperation agreement with S1Quant to enhance its cryptocurrency asset management capabilities, combining S1Quant's quantitative technology with FTFT Securities' compliance framework to create a compliant and professional cryptocurrency asset management business [1][4][6] Group 1: Company Overview - Future FinTech Group Inc. (NASDAQ: FTFT) is a comprehensive financial and digital technology service provider, offering brokerage and investment banking services in Hong Kong and engaging in supply chain trading and finance in China [7] - FTFT Securities, a wholly-owned subsidiary of Future FinTech, is licensed by the Hong Kong Securities and Futures Commission and focuses on securities trading, futures contract trading, and providing advice on securities [3] Group 2: S1Quant Overview - S1Quant, established in 2018, has achieved stable returns for seven consecutive years, outperforming Bitcoin's growth, and serves over one hundred high net worth clients [2] - The core team of S1Quant consists of quantitative Ph.D.s from Tsinghua University, technical experts from global technology firms, and experienced professionals in the encryption industry, establishing a strong competitive advantage in cryptocurrency quantitative trading [2] Group 3: Strategic Cooperation Details - The agreement focuses on three major initiatives: 1. Cooperation in cryptocurrency quantitative asset management to create compliant products [5] 2. Innovation in products and business models to meet the needs of institutional and high net worth investors [5] 3. Technical and resource coordination to improve service efficiency and market competitiveness [5] - The collaboration aims to integrate advanced technology and quantitative strategies with FTFT Securities' compliance services to provide a safer and more stable cryptocurrency asset management experience [4][6]
FTFT Announces Agreement with S1Quant to Explore the New Blue Ocean of Compliant Cryptocurrency Asset Management