Hang Feng Technology Innovation Co., Ltd. – Strategic Partnership with Animoca Brands
Background
Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO) is a Cayman Islands‑based holding company that specializes in corporate management consulting and asset management services. The company’s primary focus is the development of real‑world asset (RWA) tokenization solutions, aiming to bridge traditional asset management with emerging blockchain technologies. As of 19 November 2025, the company’s share price was $10.92, with a 52‑week range between $4.63 and $68 and a market capitalisation of approximately $73 million.
Memorandum of Understanding (MOU)
On 21 November 2025, Hang Feng announced that it had entered into a non‑binding memorandum of understanding with Animoca Brands, a global leader in Web3 and digital property rights. The key elements of the agreement are as follows:
| Item | Detail |
|---|---|
| Objective | Drive the development of Hang Feng’s RWA tokenization ecosystem. |
| Collaboration Mechanism | Leverage Hang Feng’s asset‑management expertise and institutional client network alongside Animoca’s blockchain capabilities. |
| Platform Integration | Utilise Animoca’s NUVA – a unified, chain‑agnostic vault marketplace – to distribute Hang Feng‑tokenised RWAs. |
| Vault Development | Create a dedicated vault on NUVA, backed by Hang Feng’s RWA portfolio. |
| Institutional Focus | Accelerate adoption of RWAs among institutional investors by tokenising assets managed by Hang Feng and providing access to NUVA’s infrastructure. |
| Knowledge Sharing | Co‑produce educational content and research to enhance market understanding of RWAs. |
Strategic Implications
Enhanced Liquidity for Real‑World Assets The partnership is expected to increase liquidity for Hang Feng’s RWA holdings by offering them on a global, chain‑agnostic platform.
Broader Institutional Reach By combining Hang Feng’s institutional relationships with Animoca’s blockchain ecosystem, the collaboration targets a broader base of institutional investors who are increasingly interested in tokenised assets.
Educational and Market Development Joint research and educational initiatives aim to build awareness and confidence in the RWA market, potentially accelerating wider adoption.
Technology Synergy The integration of Hang Feng’s asset‑management capabilities with Animoca’s NUVA vault infrastructure exemplifies a synergy between traditional asset management and next‑generation blockchain technology.
Market Context
The real‑world asset tokenisation market has been gaining momentum as institutional investors seek new avenues for diversification and liquidity. By entering into an MOU with a leading Web3 provider, Hang Feng positions itself at the intersection of these two growing sectors.
Conclusion
Hang Feng Technology Innovation Co., Ltd.’s memorandum of understanding with Animoca Brands marks a significant step toward commercialising tokenised real‑world assets. The collaboration is designed to leverage complementary strengths—Hang Feng’s asset‑management network and Animoca’s blockchain platform—to accelerate institutional adoption of tokenised assets and foster broader market development.
