Exhibit 21.1
List of Principal Subsidiaries and Variable Interest Entity of the Company as of December 31, 2022
| Name of Entity | Jurisdiction of Incorporation/Organization | |
| FT Commercial Management Co., Ltd. | PRC | |
| Future Fintech (Hong Kong) Limited | Hong Kong | |
| Fuce Future Supply Chain (Xi’an) Co., Ltd. | PRC | |
| DigiPay Fintech Ltd. | British Virgin Island | |
| QR (HK) Limited | Hong Kong | |
| DCON DigiPay Limited | Japan | |
| GlobalKey Shared Mall Limited | Cayman Island | |
| Cloud Chain Network And Technology (Tianjin) Co., Limited | PRC | |
| Cloud Chain E-Commerce (Tianjin) Co. Ltd. * | PRC | |
| Future Commercial Group Ltd. | PRC | |
| Tianjin Future Private Equity Fund Management Partnership (Ltd Partnership) | PRC | |
| FTFT UK Limited | UK | |
| Future Fintech Labs Inc. | USA | |
| Future Fintech Digital Capital Management, LLC | USA | |
| Future Fintech Digital Number One GP, LLC | USA | |
| FTFT SuperComputing Inc. | USA | |
| FTFT Digital Number One, Ltd. | Cayman | |
| Future Fintech Digital Number One US, LP | USA | |
| Future Fintech Digital Number One Offshore, LLC | Cayman | |
| FTFT Capital Investment LLC. | UAE | |
| Nice Talent Asset Management Limited | Hong Kong | |
| Future Supply Chain (Chengdu) Co., Ltd. | PRC | |
| Future Big Data (Chengdu) Co., Ltd. | PRC | |
| Future Private Equity Fund management (Hainan) Co., Ltd. | PRC | |
| FTFT Paraguay S.A. | Paraguay | |
| FTFT Finance UK Limited | UK |
| * | Variable Interest Entity |