New Hope Technology, a Hong Kong-listed company, has launched its international brand Bitfire at the Hong Kong Fintech Forum. The announcement marks a significant step in the company's strategic shift towards becoming a 'private bank-level digital asset custodian,' a move initiated on August 27. Since then, New Hope has experienced an eightfold increase in institutional account openings, adding over 130 new clients, including more than 50 institutional clients. The company anticipates its assets under management (AUM) to surge from $40 million to $500 million within the next three months. Bitfire plans to introduce its flagship product, the Bitfire Prime v1.0 APP, and establish a global licensed trading matrix headquartered in Hong Kong.