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Bitfire Group Appoints Macroeconomist Fu Peng as Chief Economist

At Hong Kong Web3 Carnival, Fu Peng made his first public speech of 2026 and said the future will be FICC (fixed income, currencies and commodities) plus crypto.

Summary

Bitfire Group has appointed macroeconomist Fu Peng as its chief economist. During his first public speech of 2026 at Hong Kong Web3 Carnival, he said the future will be "FICC (fixed income, currencies and commodities) plus crypto." The appointment links traditional macro and capital-markets analysis with the digital asset sector, while his remarks frame crypto as part of a broader financial market structure rather than a standalone segment.

Terms & Concepts
  • FICC: Short for fixed income, currencies and commodities, a major trading and research segment in traditional financial markets.
  • Web3: A broad term for blockchain-based internet applications that emphasize digital ownership, decentralized networks, and token-based ecosystems.
  • Crypto: Digital assets that run on blockchain networks and are commonly used for payments, trading, and decentralized applications.