New Fire Technology's $500 million DAT special program's first investment in SOL Treasury Company Helius, opening up with an increase of over 200%

ChainCatcher news, the Hong Kong-listed company New Fire Technology (1611.HK) disclosed that it has just announced the transformation of the U.S. listed company Helius Medical Technologies (NASDAQ: HSDT) into a SOL treasury company, which is the first project funded by its "500 million USD DAT special plan," with an investment scale reaching tens of millions of dollars.

Market data shows that Helius (HSDT) rose as much as 270% in pre-market trading, with an opening increase of over 200%. The company's closing price on the previous trading day was only 7.56 USD, with a market capitalization of just 8.14 million USD.

On the evening of September 15, Helius (HSDT) announced a major strategic transformation, transitioning into a SOL treasury company through over 500 million USD in private investment. New Fire Technology invested 10 million USD in Helius (HSDT) to support its strategic transformation during this private placement.

Previously, New Fire Technology announced the launch of the "500 million USD DAT special plan" at the "Hong Kong Blockchain Summit ------ and New Fire Technology Strategic Release Conference" held on August 27, aiming to capture investment opportunities in leading global digital asset treasury projects and secure quality DAT asset dividends for clients. This plan relies on New Fire Technology's leading digital asset custody and asset management capabilities to help partners lay out quality DAT assets, with an initial scale expected to be around 500 million USD.

It is understood that New Fire Technology's 500 million USD digital asset treasury (DAT) special plan will announce its second phase investment project soon.