New Huo Technology Holdings Limited ("New Huo Tech", stock code: 1611.HK) is pleased to announce the launch of its Decentralized Staking technical support service —— Sinohope Staking.

This is the first layout of a decentralized business since New Huo Tech first entered into the digital asset market, aims to meet the increasing client's demand, provides a more comprehensive business scope, and further enhances a one-stop mixed industrial digital assets services platform. The first phase of the technical service supports Cosmos public chain and will be expanded to support Ethereum, EOS, LINK and other major public chains in the future.

Sinohope Staking aims to provide safe and professional technical support and services for users to participate in the public chain Staking ecology conveniently and efficiently, without handling or holding any clients' assets. Clients gain a robust, relatively low-risk return by becoming one of the nodes of many PoS public chains with full autonomy on participation, operations as well as control on their funds retained.