(Hong Kong, March 26) Bitfire Xinhuo Group (01611.HK) announced the expansion of its RWA business with the launch of Alpha RWA, Hong Kong's first compliant crypto quantitative strategy, advancing compliance in digital finance.Author and source: Xinhuo Research Institute
(Hong Kong, August 26, 2026) — Bitfire New Fire Group (01611.HK), a licensed public company in Hong Kong, today officially announced its expansion into an integrated RWA commercial operations model, alongside the launch of Hong Kong’s first compliant crypto asset quantitative strategy, supporting the company’s strategic goal of becoming Asia’s leading compliant digital financial services group.
Over the past period, the digital assets and RWA markets have experienced rapid growth; however, numerous products lacking regulatory compliance frameworks, real asset backing, transparent disclosure, and risk management have also emerged. Some projects have overly emphasized high yields and asset tokenization without adequately disclosing underlying assets, custody arrangements, counterparties, or exit mechanisms. As market volatility intensified, certain strategies and products faced liquidity crises and even collapsed, resulting in investor losses. Xinhuo Group believes that for the digital assets market to achieve sustainable development, it must shift from concept-driven growth to compliance-, transparency-, and risk-management-driven growth. The expansion of our comprehensive RWA commercial operations and the launch of compliant quantitative strategies mark a new phase in Hong Kong’s regulated crypto asset management market.
Over the past year, Xinhuo has successfully completed its strategic upgrade. Since the strategic transformation at the end of August 2025, the group has acquired nearly 2,000 new clients, primarily consisting of listed companies and their executives, family offices, and ultra-high-net-worth individuals—representing a more than 100-fold increase compared to pre-transformation levels. The globally managed assets under management (including BitTrade’s asset management services in Japan) that have effectively contributed profits have exceeded HK$2 billion, an 851% increase since the transformation. Building on this foundation, Xinhuo officially announces its expansion into RWA comprehensive operational services, redefining its role in the rapidly evolving global digital assets market.
RWA refers to the tokenization of traditional real-world assets, such as stocks and bonds, via blockchain, transforming them into digital assets that can be traded, settled, and programmed on-chain. Currently, the global financial infrastructure is rapidly undergoing a tokenization transformation, with institutions and market participants moving from proof-of-concept to full-scale production deployment. Institutional capital, exchanges, and traditional financial infrastructure are working together to help RWA evolve from an边缘 innovation into a core component of mainstream financial architecture.
The goal of this expansion by Xinhuo Group is to transform RWA from a conceptual issuance scenario into standardized financial services that are investable, tradable, quantifiable, and configurable. In the future, within a compliant framework, Xinhuo Group will expand its business models around the core stages of RWA issuance and circulation, focusing on RWA asset management, RWA trading and market making, and RWA custody.
To achieve this goal, Xinhuo Group will leverage its resource advantages, using RWA as a bridge to connect three major asset classes—native crypto assets, tokenized U.S. stocks, and traditional alternative assets—while relying on its mature, compliant custody solutions, professional trading and market-making services, and end-to-end quantitative asset management capabilities to provide institutional and professional investors with a full-cycle, cross-asset allocation service.
As the first tangible outcome following the launch of the "RWA Integrated Operator" business model, the group today simultaneously launched Hong Kong’s first compliant encrypted asset quantitative strategy, Alpha RWA. Centered on RWA as the core medium, this strategy captures neutral arbitrage opportunities across assets including AI and encrypted assets, locking in returns within asset management products. This offering enables professional investors and institutional clients to achieve structured returns linked to AI and encrypted assets without directly exposing themselves to market volatility.
About Bitfire New Fire Group
New Fire Group (HKEX: 1611) is Asia’s leading compliant digital financial services group, with subsidiaries holding Hong Kong SFC licenses for Type 1 (Securities Trading), Type 4 (Advising on Securities), Type 9 (Asset Management), and a TCSP trust license, making it the first licensed institution in Hong Kong to offer fully managed virtual asset accounts.
Currently, Xinhuo Group has built a global Web3 ecosystem centered in Hong Kong, operating within a high-compliance regulatory framework and extending to international markets. Its portfolio includes Bitfire Premium, a globally leading private banking-grade digital asset custodian, and BitTrade, a licensed and compliant digital asset exchange in Japan.
Xinhuo Group continues to deepen its investment in compliant digital financial infrastructure, providing global high-net-worth individuals, family offices, and institutional clients with comprehensive, private banking-grade, end-to-end digital asset wealth management services, aiming to become a leading enterprise in the global digital assets industry.