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MEPOP Launches on Nivex, Surges Over 442% in Short Time
POP token officially launched on the Nivex platform today, attracting immediate capital inflow and strong market response. According to real-time platform data, the POP/USDT pair is currently trading at $0.5427, marking a surge of over 442.7% from the initial price of $0.10. Within the first hour of trading, POP hit a high of $0.7381, with trading volume exceeding 1.57 million, setting a new record on the platform. As trading activity continues to rise, POP demonstrates strong market interest...
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HONG KONG, December 30, 2025 — SINOHOPE Technology Holdings Limited
(“SINOHOPE”, Stock Code: 1611.HK) today announced its annual results for the fiscal year
ended September 30, 2025. This fiscal year marks the inaugural year of SINOHOPE’s strategic upgrade under the Bitfire brand as “Asia’s First Private-Banking-Level Digital AssetSteward,” signaling the company’s transition toward high-quality, trust-based digital asset services.
Financial Growth and Structural Optimization
For the reporting period, SINOHOPE achieved total revenue of HKD 8.661 billion, a 451.8% yearon-year surge. The company’s liquidity position remains robust, with bank balances and cash growing by 620.2% to HKD 449 million.
While the company recorded a minor net loss of approximately HKD 9.21 million—impacted by strategic transformation investments and non-cash fair value adjustments—core operational quality continues to improve. Management noted that the revenue spike was driven by the expansion of its compliant OTC trading business. However, the company is now prioritizing business structure optimization and high-quality asset accumulation over volume-based growth.
Analysis of Strategic Investment and Non-cash Factors
The minor loss represents a deliberate “Strategic Investment Year.” Key contributing factorsinclude:
•Non-cash Fair Value Fluctuations: An accounting loss of HKD 36.51 million in crypto assets (primarily BitTrade listing fees) due to market volatility, involving no cash outflow.
•Talent Moat Construction: Administrative expenses rose to approximately HKD 112 million, focused on recruiting top-tier global financial professionals to build a professional barrier for its private-banking-level steward services.
•High Base Effect: The 2024 profit was uniquely supported by an HKD 85 million impairment reversal related to FTX; excluding such one-off items, core operational losses have narrowed significantly.
Strategic Pivot: BitTrade Integration and Steward Service Momentum
SINOHOPE completed the acquisition and consolidation of the licensed Japanese exchange, BitTrade, which contributed HKD 360 million in revenue. As of September 30, BitTrade’s client assets reached JPY 17.6 billion (approx. USD 117 million), a 346.64% increase from 2024, ranking it among the Top 5 exchanges in Japan.
Since the strategic upgrade on August 27, led by CEO Livio Weng, the Private-Banking-Level Digital Asset Steward business has entered a phase of explosive growth. As of December 30, the company has attracted over 460 prospective leads and currently serves over 260 active clients—including listed companies, family offices, and UHNWIs—with total client numbers growing nearly 13-fold.
CEO’s Perspective: A New Beginning
“In August 2025, we reinvented our DNA under the Bitfire brand, establishing our position as Asia’s First Private-Banking-Level Digital Asset Steward,” said Livio Weng, Executive Director and CEO of SINOHOPE. “We identified a fundamental shift in the industry from ‘traffic driven’ to ‘trust-driven’ models led by elite players.
In just four months, we have seen exponential growth: We has attracted over 460 prospective leads, currently serving more than 260 clients—primarily consisting of listed companies and their executives, family offices, and UHNWIs—representing a nearly 13-fold increase in the total client base. The market does not lack capital; it lacks a ‘Super Connector’ that bridges traditional finance and Web3 with compliance and a global vision. 2025 was our foundation year; 2026 will be the year of steady acceleration. SINOHOPE has reached a new beginning.”
About SINOHOPE Technology Holdings Limited
SINOHOPE Technology Holdings Limited (“SINOHOPE”, Stock Code: 1611.HK) is a Hong Kong mainboard-listed company. It holds Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) licenses from the Hong Kong Securities and Futures Commission (SFC), along with a Trust or Company Service Provider (TCSP) license. SINOHOPE is the first licensed institution in Hong Kong to provide discretionary account management services for virtual assets and is approved to manage investment portfolios with 100% allocation to virtual assets. Following its 2025 acquisition of the compliant Japanese exchange BitTrade, the company has accelerated its global expansion. As a premier “Private-Banking Level Digital Asset Steward,” SINOHOPE pioneered the world's first "Steward-style Coin Purchase" service, offering qualified investors a full suite of digital asset solutions, including fiat on-ramps, discounted coin purchases, interest-bearing deposits, and compliant custody.
Media Contact
Contact Person: Jade SHI
Title:Senior PR Manager
Email: jade.shi@sinohope.comWebsite: https://www.sinohope.com/en
HONG KONG, December 30, 2025 — SINOHOPE Technology Holdings Limited
(“SINOHOPE”, Stock Code: 1611.HK) today announced its annual results for the fiscal year
ended September 30, 2025. This fiscal year marks the inaugural year of SINOHOPE’s strategic upgrade under the Bitfire brand as “Asia’s First Private-Banking-Level Digital AssetSteward,” signaling the company’s transition toward high-quality, trust-based digital asset services.
Financial Growth and Structural Optimization
For the reporting period, SINOHOPE achieved total revenue of HKD 8.661 billion, a 451.8% yearon-year surge. The company’s liquidity position remains robust, with bank balances and cash growing by 620.2% to HKD 449 million.
While the company recorded a minor net loss of approximately HKD 9.21 million—impacted by strategic transformation investments and non-cash fair value adjustments—core operational quality continues to improve. Management noted that the revenue spike was driven by the expansion of its compliant OTC trading business. However, the company is now prioritizing business structure optimization and high-quality asset accumulation over volume-based growth.
Analysis of Strategic Investment and Non-cash Factors
The minor loss represents a deliberate “Strategic Investment Year.” Key contributing factorsinclude:
•Non-cash Fair Value Fluctuations: An accounting loss of HKD 36.51 million in crypto assets (primarily BitTrade listing fees) due to market volatility, involving no cash outflow.
•Talent Moat Construction: Administrative expenses rose to approximately HKD 112 million, focused on recruiting top-tier global financial professionals to build a professional barrier for its private-banking-level steward services.
•High Base Effect: The 2024 profit was uniquely supported by an HKD 85 million impairment reversal related to FTX; excluding such one-off items, core operational losses have narrowed significantly.
Strategic Pivot: BitTrade Integration and Steward Service Momentum
SINOHOPE completed the acquisition and consolidation of the licensed Japanese exchange, BitTrade, which contributed HKD 360 million in revenue. As of September 30, BitTrade’s client assets reached JPY 17.6 billion (approx. USD 117 million), a 346.64% increase from 2024, ranking it among the Top 5 exchanges in Japan.
Since the strategic upgrade on August 27, led by CEO Livio Weng, the Private-Banking-Level Digital Asset Steward business has entered a phase of explosive growth. As of December 30, the company has attracted over 460 prospective leads and currently serves over 260 active clients—including listed companies, family offices, and UHNWIs—with total client numbers growing nearly 13-fold.
CEO’s Perspective: A New Beginning
“In August 2025, we reinvented our DNA under the Bitfire brand, establishing our position as Asia’s First Private-Banking-Level Digital Asset Steward,” said Livio Weng, Executive Director and CEO of SINOHOPE. “We identified a fundamental shift in the industry from ‘traffic driven’ to ‘trust-driven’ models led by elite players.
In just four months, we have seen exponential growth: We has attracted over 460 prospective leads, currently serving more than 260 clients—primarily consisting of listed companies and their executives, family offices, and UHNWIs—representing a nearly 13-fold increase in the total client base. The market does not lack capital; it lacks a ‘Super Connector’ that bridges traditional finance and Web3 with compliance and a global vision. 2025 was our foundation year; 2026 will be the year of steady acceleration. SINOHOPE has reached a new beginning.”
About SINOHOPE Technology Holdings Limited
SINOHOPE Technology Holdings Limited (“SINOHOPE”, Stock Code: 1611.HK) is a Hong Kong mainboard-listed company. It holds Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) licenses from the Hong Kong Securities and Futures Commission (SFC), along with a Trust or Company Service Provider (TCSP) license. SINOHOPE is the first licensed institution in Hong Kong to provide discretionary account management services for virtual assets and is approved to manage investment portfolios with 100% allocation to virtual assets. Following its 2025 acquisition of the compliant Japanese exchange BitTrade, the company has accelerated its global expansion. As a premier “Private-Banking Level Digital Asset Steward,” SINOHOPE pioneered the world's first "Steward-style Coin Purchase" service, offering qualified investors a full suite of digital asset solutions, including fiat on-ramps, discounted coin purchases, interest-bearing deposits, and compliant custody.
Media Contact
Contact Person: Jade SHI
Title:Senior PR Manager
Email: jade.shi@sinohope.comWebsite: https://www.sinohope.com/en
MECASTILE Pioneer Season Epic Success with Server Continues, Join Freely at Anytime
CASTILE achieved over 380k newly registered players, 2.4 million USD in game revenues, and 15.3% paid conversion rate.
MEPOP Launches on Nivex, Surges Over 442% in Short Time
POP token officially launched on the Nivex platform today, attracting immediate capital inflow and strong market response. According to real-time platform data, the POP/USDT pair is currently trading at $0.5427, marking a surge of over 442.7% from the initial price of $0.10. Within the first hour of trading, POP hit a high of $0.7381, with trading volume exceeding 1.57 million, setting a new record on the platform. As trading activity continues to rise, POP demonstrates strong market interest...
MEDecentralGPT Makes a16z’s “Context Economy” Real with Blockchain-Powered AI Memory
The future of AI won’t just be about bigger models—it will be about better memory.
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