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Stock impact report

Hang Feng Technology Innovation and Animoca Brands Announce MOU for Strategic Partnership

Hang Feng Technology Innovation Co., Ltd. - Ordinary Shares (FOFO) 
Company Research Source: PR Newswire
HONG KONG, Nov. 21, 2025 /PRNewswire/ -- Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO), a Cayman Islands holding company ("Hang Feng") providing comprehensive corporate management consulting and asset management services, and Animoca Brands, a global leader in Web3 and digital property rights ("Animoca"), today announced that they entered into a non-binding memorandum of understanding for a strategic partnership to drive the development of Hang Feng's real-world asset ("RWA") tokenization ecosystem. The collaboration will leverage Hang Feng's expertise in asset management and institutional client networks along with Animoca's blockchain capabilities and its on-chain vault marketplace, NUVA, a unified and chain-agnostic vault marketplace ("NUVA"), to distribute the Hang Feng's tokenized RWA.Under the proposed partnership, the companies expect to create a dedicated vault backed by Hang Feng's RWA on the NUVA platform. The collaboration will focus on accelerating institutional Show less Read more
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