Loan Receivables	9 Months Ended
Sep. 30, 2021
Receivables [Abstract]
LOAN RECEIVABLES	6. LOAN RECEIVABLES As of September 30, 2021, the balance of loan receivables was $6.31 million, which was from third parties. On July 30, 2021, Future FinTech (Hong Kong) Limited (“FTFT HK”), a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned up to the amount of USD 6 million to the third party at the annual interest rate of 10% from July 31, 2021 to January 30, 2022. On September 16, 2021, Future Commercial Group Co., Ltd. (“Future Commercial”), a wholly owned subsidiary of the Company, entered into a “Interest-free Loan Agreement” with a third party. Pursuant to the Loan Agreement, Future Commercial loaned USD 0.31 million to the third party from September 16, 2021 to September 16, 2022 with an intent to acquire certain equity interest of this third party.

Loan Receivables

9 Months Ended

Sep. 30, 2021

6. LOAN RECEIVABLES

As of September 30, 2021, the balance of loan receivables was $6.31 million, which was from third parties.

On July 30, 2021, Future FinTech (Hong Kong) Limited (“FTFT HK”), a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned up to the amount of USD 6 million to the third party at the annual interest rate of 10% from July 31, 2021 to January 30, 2022.

On September 16, 2021, Future Commercial Group Co., Ltd. (“Future Commercial”), a wholly owned subsidiary of the Company, entered into a “Interest-free Loan Agreement” with a third party. Pursuant to the Loan Agreement, Future Commercial loaned USD 0.31 million to the third party from September 16, 2021 to September 16, 2022 with an intent to acquire certain equity interest of this third party.