Livio, CEO of New Fire Group, Talks about Acquiring Alpha BTC Team, Fu Peng Joining, and "17 AI Employees" (Compiled by Livio Weng and Compiled by Wu Shuo on Blockchain) New Fire Group CEO Livio Weng stated in an interview with Wu Shuo Blockchain that the company has completed the acquisition of Avenir's Alpha BTC investment team and trading system, and will launch Hong Kong's first compliant Bitcoin based asset management service on April 23. It claims that the product achieves stable returns by combining long-term BTC positions with selling remote low-risk options, with an annualized target of about 5% to 7%. There is a chance for the scale to exceed $500 million this year. Weng Xiaoqi also stated that Xinhuo will create a one-stop service loop of "account opening trading asset management inheritance" around institutions, high net worth clients, and family offices. In the future, it will also launch Ethereum based and U-based products, and strengthen macro research and operational efficiency through the introduction of Fu Peng and AI employee systems. read the whole passage: https://www. (wublock123.com)/articles/article-58896