Fengfang Technology (FOFO), a Nasdaq-listed company, has announced the launch of a tokenized fund business, targeting the Hong Kong and Singapore markets. The initiative, approved by FOFO's board, represents a significant move in integrating digital asset management with blockchain finance. The project will be managed by a fully-owned licensed subsidiary and aims to create a 24/7 multi-strategy fund-of-funds (FoF), combining global hedge fund shares and money market funds into a synthetic asset offering high yield and liquidity. FOFO plans to introduce its first compliant tokenized fund product in January 2026, catering to professional and institutional investors in the targeted regions. Flora Lou has been appointed as Head of Digital Assets to lead this new venture. CEO Leo Xu highlighted the potential of tokenized funds to drive growth in traditional asset management, estimating the market size could reach trillions.