SINOHOPE
SINOHOPE (HKEX: 1611.HK), operating under Bitfire, is a Hong Kong-listed digital asset financial services group providing private banking-level custody, OTC trading, asset management, and digital asset trust services to UHNW individuals, family offices, and institutional clients across Hong Kong, Japan, and other licensed jurisdictions.
- Company typePublic
- Founded-
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount51–100
- GTM typeB2B
- OfferingServices
SINOHOPE firmographics
Firmographics- Name
- SINOHOPE
- Legal name
- 新火集团
- Website
- https://sinohope.com
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- SINOHOPE (HKEX: 1611.HK), operating under Bitfire, is a Hong Kong-listed digital asset financial services group providing private banking-level custody, OTC trading, asset management, and digital asset trust services to UHNW individuals, family offices, and institutional clients across Hong Kong, Japan, and other licensed jurisdictions.
- Ownership category
- akta.pro rank
SINOHOPE industry classification
Industry- Product category
- Digital Asset Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Intermediation (523910), All Other Financial Investment Activities (52399)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)
- akta.pro secondary industries
- Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), Prime Brokerage & Institutional Trading Services (FSAPADAF), Central Securities Depository (CSD) & Securities Settlement Services (FSAAAOAD)
Keywords
Where SINOHOPE is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
SINOHOPE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Asset Management Fees: Discretionary account management fees for professional investors managing digital asset portfolios
- OTC Trading Services: Over-the-counter trading with dedicated bank channels for compliant large-value deposits/withdrawals
- Advisory Services: Professional investment advisory for digital asset allocation and wealth planning
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Private Banking Level Services |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
SINOHOPE product offering
Product offeringCore offering
SINOHOPE (新火集团 / Bitfire, HKEX:1611) is a Hong Kong-listed digital asset financial services group that provides private banking-level digital asset concierge services, including TCSP-licensed institutional custody, compliant OTC trading with dedicated banking channels, discretionary asset management, investment advisory, and pioneering digital asset trust and family wealth planning. The platform aggregates top-tier liquidity pools for 24/7 execution and serves professional investors — ultra-high-net-worth individuals, family offices, and institutional clients — across Hong Kong, Japan, Singapore, the US, and Canada.
Differentiator
Problem solved
Functional benefit
Brands
- Bitfire Premium: Global leading digital asset private banking-level concierge service offering account opening accompaniment, trading services, institutional-grade custody, full-asset management, refined investment advisory, and encrypted trust services.
- BitTrade
Products and services
- Bitfire Premium
Companies that use SINOHOPE
Customer profileSegments3 records
Ideal customer profiles3 records
SINOHOPE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
SINOHOPE partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Singapore Blockchain AssociationcoreStrategic partnership as member of Singapore Blockchain Association for regional market development and industry standards participation
- Hong Kong Fintech AssociationcoreMembership in Hong Kong Fintech Association supporting fintech ecosystem integration and regulatory engagement in Hong Kong
- Various Banking PartnerscoreDedicated bank channels for compliant large-value deposits and withdrawals, providing fiat on/off ramps for clients
Scale indicators3 records
SINOHOPE competitors and assessment
Company assessmentBroad incumbents
- Pantera Capital: US-based crypto-focused asset manager offering venture, hedge fund, and liquid token fund products to institutional and accredited investors. Comparable on digital asset asset management and advisory, with longer track record.
- Coinbase Institutional / Coinbase Prime: Coinbase's institutional arm offers custody, prime brokerage, and trading to institutional clients globally, including Asia. Overlaps on custody and OTC, but is part of a much broader retail exchange and asset management platform.
Direct peers
- OSL (BC Technology Group): Hong Kong-listed digital asset platform (formerly BC Technology) offering institutional brokerage, custody, and software services under SFC Type 1 and Type 7 licenses. Directly comparable on regulated HK digital asset brokerage/custody for professional investors.
- Matrixport: Singapore-headquartered crypto financial services group providing custody, trading, lending, and asset management to institutional and HNW clients across Asia. Comparable on Asia-focused digital asset wealth and trading stack.
- Amber Group: Hong Kong-founded crypto financial services firm offering wealth management, trading, and lending to HNW and institutional clients globally. Comparable on digital asset private banking and discretionary portfolio management.
- HashKey Group: Hong Kong-headquartered licensed digital asset platform operating a regulated exchange and asset management business for institutional and professional investors. Closest direct peer given shared HK base, SFC licensing, institutional wealth focus, and custody/OTC/trading stack.
- Galaxy Digital: Public, US/Canada-based crypto-native financial services firm offering asset management, trading, custody, and prime brokerage across digital assets. Comparable on full-stack digital asset wealth and trading services for institutional and HNW clients, though at significantly larger scale.
- Bitcoin Suisse: Swiss-regulated crypto financial services provider offering brokerage, custody, lending, and asset management for HNW and institutional clients. Comparable on full-stack regulated digital asset wealth services targeting private banking clients.
- Zodia Custody: Standard Chartered-backed institutional digital asset custodian serving banks, asset managers, and HNW clients across multiple jurisdictions. Comparable on regulated institutional-grade custody targeting professional investors.
- Hex Trust: Hong Kong-based, Asia-focused institutional digital asset custodian offering licensed custody and staking services. Comparable on licensed custody for professional investors in the APAC region.
Market position
Customer concentration
SINOHOPE social profiles
Digital presenceSINOHOPE compliance and trust
Trust signalCompliance5 records
SINOHOPE financial estimates
Financial estimateRevenue estimate
Valuation estimate
SINOHOPE leadership team
Management profileNumber of profiles
Profiles1 record
SINOHOPE funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SINOHOPE M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SINOHOPE
What does SINOHOPE do?
SINOHOPE (新火集团 / Bitfire, HKEX:1611) is a Hong Kong-listed digital asset financial services group that provides private banking-level digital asset concierge services, including TCSP-licensed institutional custody, compliant OTC trading with dedicated banking channels, discretionary asset management, investment advisory, and pioneering digital asset trust and family wealth planning. The platform aggregates top-tier liquidity pools for 24/7 execution and serves professional investors — ultra-high-net-worth individuals, family offices, and institutional clients — across Hong Kong, Japan, Singapore, the US, and Canada.
Is SINOHOPE a public or private company?
SINOHOPE is a public company. It is classified as public and is currently operating.
When was SINOHOPE founded?
SINOHOPE was founded in -1. It employs 51 to 100 people.
Where is SINOHOPE based?
SINOHOPE is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does SINOHOPE make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are OTC Trading Services and advisory Services.
Who are SINOHOPE's main competitors?
Broad incumbents on record are Pantera Capital and Coinbase Institutional / Coinbase Prime. Direct peers are OSL (BC Technology Group), Matrixport, Amber Group, HashKey Group, Galaxy Digital, Bitcoin Suisse, Zodia Custody and Hex Trust.
Does SINOHOPE have an API?
No public API is recorded for SINOHOPE.
What industry is SINOHOPE in?
SINOHOPE's product category is Digital Asset Wealth Management. Its primary akta.pro industry code is FSABADAD, Private Banking Advisory & Discretionary Portfolio Management, with a secondary code of FSAGAMAB, Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra). Its NAICS code is 523940 and its SIC code is 6200.