Future FinTech Appoints Professor Yu Xiong from the University of Surrey as Chief Blockchain Advisor to Maximize Success as it Enters New Blockchain Businesses
Future FinTech (NASDAQ: FTFT) has appointed Professor Yu Xiong as Chief Blockchain Advisor to guide its expansion into stablecoins and real-world asset (RWA) businesses. Professor Xiong, currently serving as Associate Pro-Vice-Chancellor for Global Engagement at the University of Surrey, brings extensive blockchain expertise as the Chair of the UK Parliament's All-Party Parliamentary Group on Metaverse and Web 3.0.
Professor Xiong's credentials include founding the Surrey Blockchain and Metaverse Applications Research Institute, co-founding Endless Protocol Foundation, and leading various blockchain initiatives. His experience spans academic research, innovation commercialization, and leadership roles in AI and blockchain ventures.
CEO Hu Li emphasized that this strategic move into stablecoins and RWAs is based on the company's market insights and aims to capitalize on emerging opportunities in cryptocurrency and digital asset markets.
Future FinTech (NASDAQ: FTFT) ha nominato il Professor Yu Xiong come Chief Blockchain Advisor per guidare l'espansione nei settori delle stablecoin e degli asset reali (RWA). Il Professor Xiong, attualmente Associate Pro-Vice-Chancellor per il Global Engagement presso l'Università di Surrey, porta con sé una vasta esperienza nel campo della blockchain, essendo anche Presidente del Gruppo Parlamentare Trasversale del Parlamento del Regno Unito su Metaverso e Web 3.0.
Tra i suoi meriti, il Professor Xiong ha fondato il Surrey Blockchain and Metaverse Applications Research Institute, co-fondato la Endless Protocol Foundation e guidato numerose iniziative blockchain. La sua esperienza copre la ricerca accademica, la commercializzazione dell'innovazione e ruoli di leadership in progetti di intelligenza artificiale e blockchain.
Il CEO Hu Li ha sottolineato che questa mossa strategica verso stablecoin e RWA si basa sulle intuizioni di mercato dell'azienda, con l'obiettivo di sfruttare le opportunità emergenti nei mercati delle criptovalute e degli asset digitali.
Future FinTech (NASDAQ: FTFT) ha nombrado al Profesor Yu Xiong como Asesor Principal de Blockchain para guiar su expansión en los negocios de stablecoins y activos del mundo real (RWA). El Profesor Xiong, quien actualmente es Vicerrector Asociado para el Compromiso Global en la Universidad de Surrey, aporta una amplia experiencia en blockchain como Presidente del Grupo Parlamentario Multipartidista del Parlamento del Reino Unido sobre Metaverso y Web 3.0.
Entre sus credenciales, el Profesor Xiong fundó el Surrey Blockchain and Metaverse Applications Research Institute, cofundó la Endless Protocol Foundation y lideró diversas iniciativas blockchain. Su experiencia abarca la investigación académica, la comercialización de innovación y cargos de liderazgo en proyectos de inteligencia artificial y blockchain.
El CEO Hu Li destacó que este movimiento estratégico hacia stablecoins y RWA se basa en las percepciones del mercado de la compañía y busca aprovechar las oportunidades emergentes en los mercados de criptomonedas y activos digitales.
Future FinTech (NASDAQ: FTFT)� 안정화폐(stablecoins) � 실물 자산(RWA) 사업 확장� 위해 유셩 교수(Yu Xiong)� 최고 블록체인 고문으로 임명했습니다. 현재 서리 대학교 글로벌 참여 부총장� � 교수� 영국 의회� 메타버스 � � 3.0 초당� 의회 그룹 의장으로� 광범위한 블록체인 전문 지식을 보유하고 있습니다.
� 교수� 서리 블록체인 � 메타버스 응용 연구� 설립자이� Endless Protocol Foundation 공동 설립자이�, 다양� 블록체인 프로젝트� 이끌� 왔습니다. 그의 경험은 학술 연구, 혁신 상용�, AI � 블록체인 분야 리더� 역할� 걸쳐 있습니다.
CEO � �(Hu Li)� 이번 안정화폐 � RWA 진출 전략� 회사� 시장 인사이트� 기반하며, 암호화폐 � 디지� 자산 시장에서 새롭� 떠오르는 기회� 활용하려� 목적임을 강조했습니다.
Future FinTech (NASDAQ : FTFT) a nommé le professeur Yu Xiong en tant que Chief Blockchain Advisor pour piloter son expansion dans les secteurs des stablecoins et des actifs du monde réel (RWA). Actuellement Vice-Président associé pour l'engagement mondial à l'Université de Surrey, le professeur Xiong apporte une expertise approfondie en blockchain en tant que président du groupe parlementaire multipartite du Parlement britannique sur le Metaverse et le Web 3.0.
Parmi ses réalisations, le professeur Xiong a fondé le Surrey Blockchain and Metaverse Applications Research Institute, cofondé la Endless Protocol Foundation et dirigé plusieurs initiatives blockchain. Son expérience couvre la recherche académique, la commercialisation de l'innovation et des rôles de leadership dans des projets d'IA et de blockchain.
Le PDG Hu Li a souligné que ce mouvement stratégique vers les stablecoins et les RWA repose sur les connaissances du marché de l'entreprise et vise à tirer parti des opportunités émergentes sur les marchés des cryptomonnaies et des actifs numériques.
Future FinTech (NASDAQ: FTFT) hat Professor Yu Xiong zum Chief Blockchain Advisor ernannt, um die Expansion in die Bereiche Stablecoins und AG˹ٷ-World Assets (RWA) zu leiten. Professor Xiong, derzeit Associate Pro-Vice-Chancellor für Global Engagement an der University of Surrey, bringt umfassende Blockchain-Expertise mit, unter anderem als Vorsitzender der All-Party Parliamentary Group des britischen Parlaments für Metaverse und Web 3.0.
Zu seinen Qualifikationen gehört die Gründung des Surrey Blockchain and Metaverse Applications Research Institute, die Mitbegründung der Endless Protocol Foundation sowie die Leitung verschiedener Blockchain-Initiativen. Seine Erfahrung umfasst akademische Forschung, Kommerzialisierung von Innovationen und Führungsrollen in KI- und Blockchain-Projekten.
CEO Hu Li betonte, dass dieser strategische Schritt in Richtung Stablecoins und RWAs auf den Markterkenntnissen des Unternehmens basiert und darauf abzielt, die aufkommenden Chancen in den Märkten für Kryptowährungen und digitale Vermögenswerte zu nutzen.
- Strategic expansion into growing stablecoins and RWA markets
- Appointment of highly qualified blockchain expert with extensive industry experience
- Access to Professor Xiong's vast network in blockchain and AI sectors
- Potential to leverage expertise for regulatory compliance and market expansion
- Entering new, potentially volatile cryptocurrency markets with inherent risks
- No immediate revenue impact or financial projections provided
- Significant competition in stablecoins and RWA sectors
Insights
FTFT expands into stablecoins and RWAs with high-profile blockchain advisor, signaling strategic pivot toward emerging digital asset markets.
Future FinTech's appointment of Professor Yu Xiong represents a strategic pivot into two high-potential blockchain sectors. The company is specifically targeting stablecoins (cryptocurrencies pegged to traditional assets like the USD) and real-world assets (RWAs) which tokenize physical assets like real estate on the blockchain.
Professor Xiong brings substantial credentials to this role, including his position as Associate Pro-Vice-Chancellor at the University of Surrey and his leadership of the Surrey Blockchain and Metaverse Applications Research Institute. His advisory role with the UK Parliament on Web 3.0 matters and founding position with Endless Protocol Foundation add significant regulatory and technical expertise.
This move signals FTFT's recognition of market shifts within the crypto sector. Stablecoins currently serve as critical infrastructure in the cryptocurrency ecosystem, facilitating trading, providing liquidity, and enabling cross-border transactions without the volatility of traditional cryptocurrencies. The RWA sector, though less mature, represents a potential
While this appointment demonstrates FTFT's blockchain ambitions, investors should note this represents an early-stage strategic direction rather than an immediate operational launch. The company will need to navigate significant regulatory challenges in both spaces, as stablecoins face increasing scrutiny from financial regulators worldwide and RWA tokenization involves complex legal frameworks for digital asset ownership.
Professor Yu Xiong is the Associate Pro-Vice-Chancellor for Global Engagement at the University of
Professor Xiong's research has been funded by numerous prestigious institutions including the
In terms of innovation and commercialization, Professor Xiong has extensive experience in operations and management. During his time at Newcastle University Business School, he facilitated an
In 2023, Professor Xiong co-founded and serves as its Chairman; the website was named the runner-up for the Times Higher Education (THE) Digital Universities Awards and won second prize in the prestigious 2024 Pie News Awards for Innovation. Also, at the 'W2140 World AI + Web3 Expo', Professor Xiong and his team unveiled the Endless Genesis Cloud, bringing transformative changes to Web3 infrastructure. Recently, Professor Xiong was appointed Senior Vice President and Chief Scientist of Datasection Inc., a
Professor Yu Xiong said, "Stablecoins and RWAs represent significant innovative directions in the cryptocurrency field, each demonstrating tremendous potential but also facing unique challenges. Stablecoins have already assumed a pivotal role in the cryptocurrency market and they are an indispensable foundational component of the crypto ecosystem. RWAs bridge the gap between traditional finance and cryptocurrencies, and hold immense market potential."
"I am delighted to have the opportunity to collaborate with FTFT. The Company has considerable ambitions in the blockchain and fintech sectors. I look forward to working with the team to explore innovations in the stablecoins and RWA businesses, and helping to build FTFT into a sustainable and innovative fintech enterprise," concluded Professor Xiong.
Mr. Hu Li , CEO of Future FinTech, commented, "Through our extensive experience in the cryptocurrency industry, we are keenly aware of current trends in the sector. Although the decision to venture into stablecoins and RWAs may appear to be a bold one, it is based on our deep insight into market developments and our strategy to seek breakthroughs that capitalize on transformative changes in the sector."
CEO Hu continued, "Stablecoins are a type of cryptocurrency pegged to fiat currencies among other assets, they offer relative stability, and they are widely used in cross-border payments, decentralized finance (DeFi), and other areas, with growing market demand. RWAs digitize and tokenize real-world assets such as real estate, and stocks and bonds, through blockchain technology, bridging traditional finance and the cryptocurrency market, providing investors with diversified investment options. RWAs are viewed as a key avenue of development in the cryptocurrency market."
"With our entering these new asset areas, we are thrilled to welcome Professor Xiong to the FTFT team. With his in-depth research in blockchain and AI, I am highly confident that he will provide insightful advice as to the Company's strategic development in these new fields. Professor Xiong has achieved remarkable results in blockchain technology research and applications, and he has led several large-scale blockchain projects. Professor Xiong's extensive experience and exceptional technical capabilities will provide comprehensive support for FTFT in the R&D, compliance, and market expansion of its stablecoins and RWA businesses," added CEO Hu.
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
Safe Harbor Statement
Certain statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements regarding our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties, and other factors that may be beyond our control, which may cause the actual results, performance, capital, ownership, or achievements of the Company to be materially different from those implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements by our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions relating to the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, the risks and uncertainties described in our annual report on Form 10-K for the year endedDecember 31, 2024and our other reports and filings with the SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at. We have no obligation and do not undertake to update, revise, or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements are otherwise made.
View original content to download multimedia:
SOURCE Future FinTech Group Inc.