SINOHOPE (1611.HK) has surpassed USD 200 million in total assets under custody, with its compliant custody products serving over 300 clients cumulatively.
7x24h News
SINOHOPE (1611.HK) has surpassed USD 200 million in total assets under custody, with its compliant custody products serving over 300 clients cumulatively.
According to New Fire Technology Holdings Limited ("New Fire Technology", stock code: 1611.HK), the total assets under custody of its custodial products recently exceeded USD 2 billion, with its compliant custodial products cumulatively serving over 300 full custody and MPC self-custody clients.
Navigating Web3 tides with focused insightsTechFlow news, on September 26, Sino Hope Technology Holdings Limited (referred to as "Sino Hope", stock code: 1611.HK) announced that the total assets under custody across its custodial products recently surpassed USD 200 million. Its compliant custody offerings have cumulatively served over 300 fully custodied and MPC self-custodied clients.
SINOHOPE's MPC self-custody wallet leverages innovative MPC-TSS technology, supporting distributed management of private key shards and collaborative signing, thereby eliminating single-point risks associated with private keys and enabling secure client self-custody of funds. Additionally, the product supports multi-level collaborative management, rule engines, and approval workflows, integrates top-tier AML/KYT systems to automatically detect high-risk transactions, and features multiple layers of security protection.
Sino Hope is the only one-stop custody service platform in the Asia-Pacific region offering both TCSP licensed custody and MPC self-custody solutions. It is also the first licensed institution in Hong Kong to provide discretionary virtual asset account management services, and ranks among the most trusted licensed and compliant publicly listed companies by Web3 institutions across the Asia-Pacific region.
