Fortune Holding Group intends to establish a joint venture with Westfoot Chain Technology to undertake the new consumer operation of the Web3.0 model sports IP economy.

BlockBeats News, July 25th, according to Wise Finance and Economics, Hong Kong-listed company Future FinTech Group Inc. (01520.HK) announced that it has signed a memorandum of understanding with WestRoad Chain Technology Development (Beijing) Co., Ltd. (WestRoad Chain Technology) regarding the proposed establishment of a joint venture company. The parties to the agreement have agreed to jointly establish a joint venture company specializing in undertaking the new consumer operation of sports IP economy in the Web3.0 model.