FTFT and HHEX Sign Strategic Cooperation Agreement to Accelerate Development of Web3 and RWA Platforms

NEW YORK, Oct. 7, 2025 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; "Future FinTech", "FTFT", or the "Company"), a comprehensive financial and digital technology service provider, announced today that its wholly-owned subsidiary Future FinTech (Hong Kong) Limited ("FTFT HK") signed a strategic cooperation agreement with HHEX RWA Financial Instruments Limited ("HHEX") on October 6, 2025, to accelerate FTFT's platform in Web3 and the development of RWA assets.

HHEX is a leading trading platform specializing in Real World Assets ("RWA") transactions. As global institutions increasingly embrace digital currencies and decentralized finance ("DeFi"), RWA has become a vital component of corporate financing needs and investment strategies. This collaboration will leverage HHEX's established blockchain solutions to work in synergy with FTFT's expertise in asset management, securities trading, and institutional financing advisory services, along with its existing client base and relationships.

The strategic cooperation agreement marks the Company's strategy to enter into a substantive phase of advancement in terms of its RWA engagement. The agreement aims to utilize HHEX's blockchain technology capabilities and market expansion capabilities combined with FTFT's expertise in traditional finance to jointly create compliant RWA tokenized products and services for institutions and high net worth investors. The partnership will accelerate FTFT's blockchain transformation of traditional financial services with its migration into RWA platforms, enhance its market recognition and leadership position, and further reinforce orderly RWA trading platforms.

The core cooperation areas between FTFT and HHEX include:

• Launch of a Compliant Tokenized Fund: The parties will jointly develop and launch a compliant multi-asset RWA tokenized fund. FTFT will conduct asset selection, product structure design, regulatory compliance and asset risk control, and HHEX will provide the tokenization technology platform and blockchain infrastructure support.
• Building an RWA Technology Center: Jointly develop an integrated 'RWA Business Center System' to efficiently handle the tokenization needs of various traditional financial assets covering real estate fund shares, supply chain financial assets and bonds.
• Collaboratively Expand Customer Resources: Realize resource sharing and business flow between FTFT's professional investor client group and HHEX's compliant institutions and digital asset investor network to jointly expand market coverage.

In this era where digital assets and Web3 technologies are accelerating their global penetration across industries, FTFT remains steadfast in its belief in the long-term value and strategic importance of Web3. With continuous breakthroughs in key sectors like RWA and stablecoins, Web3 is transitioning from conceptualization to large-scale implementation, emerging as the core engine driving the next wave of a technological revolution and asset restructuring.

HHEX brings together top-tier industry expertise, with core members hailing from founding teams of leading digital asset trading platforms who have deep industry experience and forward-looking vision. Soisson Zhang, the Founder of HHEX, graduated from Northeastern University's Khoury College of Computer Sciences, and previously worked at Microsoft Research Asia and Alibaba. In 2013, Mr. Zhang founded the JuCoin.com Bitcoin exchange platform (later renamed Ju.com). Other founding team members bring extensive platform operations and global market experience, having successfully built and led influential trading platforms. The technical team originates from core architecture personnel of leading exchanges, specializing in high-concurrency, highly available distributed system design and blockchain infrastructure, and dedicated to developing financial-grade secure, stable, and efficient systems.

Cecilia Yang, CEO of HHEX, commented, "Building on a solid technical foundation and industry insight, HHEX drives innovation in technological advancement, product experience, and ecosystem development. Through continuous breakthroughs in infrastructure development, we deliver professional, secure, and trustworthy digital asset services to users. In our partnership with FTFT, we plan to deploy critical resources to accelerate the co-development of our technology platform and the implementation of our first-phase flagship products. Our shared vision is to build a compliant and efficient bridge connecting traditional finance with digital assets."

Hu Li, CEO of FTFT, stated, "Our strategic collaboration with HHEX marks a key step in optimizing the structure of our business operating groups. As the core platform for executing our Web3 strategy, HHEX will coordinate all Web3 and crypto-related operations with FTFT, integrating crypto assets and Web3 resources to capitalize on what we view as a historic opportunity in the industry. Through this organizational restructuring, we will strengthen crypto asset allocation, incubate Web3 projects, and build a content ecosystem while upholding principles of compliance, transparency and long-term sustainability."

"Our partnership with HHEX reflects our Board's full endorsement of our RWA strategy and represents a pivotal step in establishing our Web3 capabilities. We are confident that the synergy of cutting-edge technology, comprehensive regulatory compliance, and strategic capital will grant us a distinct competitive edge in the emerging digital asset marketplace, and deliver sustainable value for our shareholders," concluded FTFT CEO Hu Li.

About Future Fintech Group Inc.

Future FinTech Group Inc. (NASDAQ: FTFT) is a comprehensive financial and digital technology service provider. The Company, through its subsidiaries, conducts brokerage and investment banking services in Hong Kong, and engages in supply chain trading and finance businesses in China and efficient digital financial services. For more information, please visit www.ftft.com.

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SOURCE Future FinTech Group Inc.