FTFT Announces its Formal Application for a VASP License in Hong Kong to Vigorously Expand into the Virtual Asset Sector

NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that its wholly-owned Hong Kong subsidiary, Future International Securities and Futures Limited ("Future Securities") has signed a commission agreement with a renowned Hong Kong compliance consultant. The consultant will help the Company to apply for a Hong Kong Type 1 Virtual Asset Service Provider (VASP) license from the Securities and Futures Commission (SFC) of Hong Kong while also applying for a Type 9 Asset Management License; this builds upon Future Securities' existing Hong Kong Licenses Type 1, 2 and 4.

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