MFH Overview

Partnership Announcement: Mercurity Fintech Holding Inc. (MFH) has signed a non-binding MOU with M2M Capital and Chaince Securities to explore the creation of a comprehensive platform for tokenization, secondary market liquidity, and real-time asset valuation in private markets.

Integration of Technologies: The collaboration aims to combine Chaince's regulated execution capabilities, MFH's on-chain infrastructure, and M2M's AI-powered valuation engine, with plans to onboard issuers over the next year following a pilot project.

Current Stock Performance: MFH's stock is currently trading at $10.49, reflecting a decrease of $1.31 or 11.05 percent on the Nasdaq.

Disclaimer: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.

Board Resignations and Appointments: Pintec Technology Holdings announced the resignations of directors Chao Chen and Tixin Li, with Xin Yang and Hao Liu appointed as their replacements. The resignations were not due to any disagreements with the company.

Experience of New Directors: Xin Yang, the new CFO, has 20 years of experience in financial management, while Hao Liu has a strong background in fintech, having held various leadership roles in technology and finance sectors.

Company's Commitment: Pintec is dedicated to providing innovative financial and digital solutions for micro, small, and medium enterprises globally, enhancing partnerships and supporting financial institutions.

Forward-Looking Statements: The press release includes forward-looking statements regarding the company's strategic plans and potential risks, emphasizing the uncertainties that could affect future results.

Advisory Agreement: Mercurity Fintech Holding Inc.'s subsidiary, Chaince Securities, has signed an advisory agreement to provide tokenization consulting services for a gold mining project in Central America and Northwestern Argentina, focusing on asset structuring, technology compliance, investor protection, and market access.

Strategic Importance: This partnership aims to leverage the underexplored gold mining regions for innovative financing solutions, with the CEO emphasizing the potential of tokenizing real-world assets like gold to enhance transparency and liquidity in capital markets.

Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.

Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.

Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.

Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.

Successful Private Placement: Chaince Securities LLC acted as the exclusive placement agent for Trident Digital Tech Holdings Ltd, facilitating a $2.6 million private placement of Class B ordinary shares with institutional investors.

Use of Proceeds and Future Plans: Trident plans to utilize the net proceeds for general corporate purposes, including technology development and potential acquisitions, while also committing to file a resale registration statement with the SEC.

Chaince Securities' Reputation: The successful transaction enhances Chaince Securities' reputation as a leading partner for companies seeking institutional capital, particularly in the technology sector.

About Trident: Trident Digital Tech Holdings Ltd is a Singapore-based technology company focused on digital transformation and Web 3.0 activation, with its flagship product being a blockchain-based identity platform aimed at improving secure authentication across industries.