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0 0.0132158590308371 0.00881057268722468 -0.00088105726872237 -0.00757709251101316 0.00881057268722468 0.000440528634361185 -0.00881057268722468
Stock impact report

Future FinTech +7% after announcing transformation plan [Seeking Alpha]

Future FinTech Group Inc. (FTFT) 
US:NASDAQ Investor Relations: ir.stockpr.com/ftft
Company Research Source: Seeking Alpha
Future FinTech +7% after announcing transformation planFuture FinTech Group (FTFT+4.7%) announces its plan aims to make it digital asset system operator and digital asset application incubator and accelerator based on blockchain technology.FTFT, once known as SkyPeople Fruit Juice, plans to create "Chain World-Digital Space," which provides business incubation and acceleration services including projects finance, technology, talent, and marketing services for startup blockchain companies, says Chairman and CEO Yongke Xue.After the transformation, estimated revenue sources will come from:Blockchain-based mall and online sales of fruit juice products and beverages, and consumer and health-related products through e-commerce.Sales of distressed assets purchased by the company.Revenue from bulk agricultural commodities trading center.Revenue from self-owned blockchain projects, such as payment processing fees of mBCT digital currency by DCON on NRC blockchain communitiesConsulting and ser Show less Read more
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