AI OFC was established in December 2020 as the sixth open-end fund company registered with the The Securities and Futures Commission (SFC) (CE No.: BQM217). Under the umbrella structure, each sub-fund under AI IOFC is managed by Avalok Capital Limited (CE No.: AZC453), a SFC licensed asset management company; the investment decisions are supported by the exclusive AI engine and data insight system (recognized by HKICT Awards) invented and provided by the HKSTP based Bitex Limited to achieve knowledge monetization driven by the hybrid AI model.