New Fire Group released its 2026 interim report. As of March 31, 2026, its quantitative asset management business AUM reached approximately US$145.6 million. It currently manages four virtual asset-related funds and plans to launch a bitcoin-based compliant asset management service after acquiring the Avenir investment and trading operations system. In terms of finances, for the six months ended March 31, 2026, the company's revenue was approximately HK$1.97B, down 43.1% year-on-year, and net loss expanded to approximately HK$244.9 million.

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mjjtjmmm
· 6h ago
Bottom-fishing entry 😎
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TidalShellReflection
· 6h ago
An AUM of 145.6 million is just getting started in the institutional track, but the system acquisition of Avenir is quite interesting—this move toward compliant, bitcoin-standard-based services is right on the mark.
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CandleAfterTheRain
· 7h ago
Revenue nearly halved and lost 240 million. This financial report gives me the creeps. Crypto winter is not over yet.
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