Interview with Bitfire CEO Weng Xiaoqi: Bitfire officially launches its "private banking-grade concierge" service in Hong Kong, pushing the company to build a global licensed trading matrix.

On November 5th, Hong Kong-listed Bitfire Technology (stock code: 1611.HK) held a product launch event at the Grand Hyatt Hong Kong, officially launching its new international business brand "Bitfire" and building a globally covered licensed trading service matrix, marking a key step forward for the company on its path to internationalization and compliance.

This service matrix will fully leverage Bitfire Technology's core advantages in compliant operation and centralized services, focusing on four major business segments:

1. The Bitfire Exchanges cluster, modeled after the compliant Japanese exchange BitTrade.

2. Bitfire Prime, a private banking-grade digital asset steward for high-net-worth clients.

3. Bitfire Hub, a joint venture with local exchanges.

4. DAT Plus, serving leading assets.

It is evident that Bitfire Technology is focusing on high-net-worth individuals and institutional clients, committed to building a one-stop service chain covering compliant digital asset trading, OTC block trading, custody, and asset management, with a strong emphasis on professionalism, customization, and compliance.

The overall strategic framework of Newfire Technology is highly similar to Galaxy Digital's business model, demonstrating the company's intention to expand in the global compliant digital asset management sector. Notably, its platform, BitTrade, is currently pursuing an independent funding round.