On the 15th, Xinhuo Technology announced the first phase of the DAT special plan, participating in the private equity investment of Helius, a SOL treasury company, with a US$10 million investment.

On September 15 (UTC+8), Hong Kong-listed Newfire Technology Holdings (stock code: 1611.HK) announced that its "US$500 million DAT Special Plan" had completed its first major investment – a US$10 million private placement in US-listed Helius Medical Technologies (NASDAQ: HSDT).

Helius also announced a major strategic transformation on the same day, leveraging over US$500 million in private equity financing to fully transform into a SOL treasury company.

The market reaction was swift and strong.

Market data showed that HSDT's stock price rose as much as 270% in pre-market trading and remained above 200% after the opening, garnering a sharp increase in market attention. On the previous trading day, the company's closing price was only US$7.56, with a total market capitalization of approximately US$8.14 million.

This strategic transformation and financing announcement significantly boosted investor confidence.

In an announcement released on the evening of September 15th, Helius clarified that the private placement aims to support the company's transition from its original medical technology focus to the SOL ecosystem treasury business, with a future focus on the digital asset treasury (DAT) sector. As one of its strategic investors, New Fire Technology is contributing $10 million to support this transformation.

This investment also marks the official launch of New Fire Technology's "$500 million DAT Special Program," announced at the "Hong Kong Blockchain Summit and New Fire Technology Strategy Conference" on August 27th.

The program aims to seize investment opportunities in top global digital asset treasury projects. Leveraging New Fire Technology's expertise in digital asset custody and asset management, it will help institutional clients and partners invest in high-growth DAT assets and share in the dividends of digital economic development.

It is reported that New Fire Technology's DAT Special Program will soon announce the second round of investment projects, further expanding its strategic deployment in the digital asset treasury sector.

This series of moves further consolidates New Fire Technology's leading position in blockchain finance and digital asset management, and reflects the rapidly growing market demand for treasury model-based asset allocation.