Sinohope Tech Holdings Limited (01611.HK) released its interim report on May 27, 2024, announcing the company's financial condition and business progress. The report shows that the company has made progress in virtual asset custody technology and compliant virtual asset fund management, and has established a leading position in the Asia-Pacific region and even globally. In the first half of 2024, the company served more than 100 high-net-worth institutional clients through its MPC self-custody platform SINOHOPE. In addition, the company released the BTC Layer 2 joint custody product in April 2024 and cooperated with multiple top exchanges. The company has published two papers on MPC custody core technology and obtained patent authorization. Sinohope Tech recorded a net profit of approximately HKD 101.2 million...Show More

Sinohope Tech Holdings Limited (01611.HK) released its interim report on May 27, 2024, announcing the company's financial condition and business progress. The report shows that the company has made progress in virtual asset custody technology and compliant virtual asset fund management, and has established a leading position in the Asia-Pacific region and even globally. In the first half of 2024, the company served more than 100 high-net-worth institutional clients through its MPC self-custody platform SINOHOPE. In addition, the company released the BTC Layer 2 joint custody product in April 2024 and cooperated with multiple top exchanges. The company has published two papers on MPC custody core technology and obtained patent authorization. Sinohope Tech recorded a net profit of approximately HKD 101.2 million in the first half of 2024, with basic and diluted earnings per share of 21.42 Hong Kong cents. The company's future development strategy will focus on innovative development of one-stop product solutions, comprehensive deepening of compliant asset management business, and diversified development of public chain ecosystem. After the reporting period, the company sold all ownership of FTX claim for a price of $19,500,088.87.