Fu Peng's first statement after joining New Fire: In 2022, I connected with cryptocurrency; the new era of integrating traditional finance with crypto will arrive.

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BlockBeats News, April 23—Fu Peng, the new Chief Economist of New Fire Group, stated at the 2026 Hong Kong Institutional Digital Wealth Management Summit, "Since 2022, I have had the opportunity to engage with crypto and have continued to keep track of developments in the crypto industry. Big figures in the crypto world are similar to big figures in traditional finance—both, in the beginning, need to compete. The ones who can truly shape the future are those who can complete this kind of turnaround quickly when the moment for a shift arrives. In the future, we will see traditional financial institutions move rapidly into the crypto asset market. When they integrate, the logic of the market will herald the arrival of a new era. In the future, we will see stablecoins used for payments, and Bitcoin will become an asset with a value-preservation function and a role in financialized trading. A new chapter is about to begin.

Until today, when everyone has started to realize that AI, data computing power, and these kinds of things will become the most important productivity in the future, and the most important productivity in the next era, our entire game is already more than halfway over. Moreover, the first half of it is essentially the traditional crypto circle as everyone understands it. Nothing is unchanging—everything is constantly being restructured and constantly being reborn in the course of development."

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