Future FinTech shares surge 11.76% premarket after Hong Kong subsidiary launches AI trading app and signs MaxQuant AI partnership.

Future FinTech Group surged 11.76% in premarket trading, driven by multiple strategic developments. The company announced its Hong Kong subsidiary launched an AI application for investment analytics and trading on August 13, 2025, followed by a partnership with MaxQuant AI on August 14. Additionally, FTFT formally applied for a Virtual Asset Service Provider (VASP) license in Hong Kong on August 11, signaling expansion into the virtual asset sector. These moves, emphasizing AI integration and regulatory progress in cryptocurrency, likely bolstered investor confidence. While the firm delayed its Q2 2025 filing on August 15, positive momentum from recent innovations and funding secured in July (a $10M agreement) appears to have overshadowed that setback. The premarket rally reflects optimism around FTFT’s pivot toward AI-driven financial services and blockchain expansion.