Mercurity Fintech's Chaince Securities partners with OGBC Group to create a Digital Asset Treasury fund, enhancing blockchain project investments.
Quiver AI Summary
Mercurity Fintech Holding Inc. announced that its subsidiary, Chaince Securities, has signed a non-binding Memorandum of Understanding with Singapore-based OGBC Group to collaborate on a Digital Asset Treasury (DAT) fund aimed at identifying high-quality blockchain projects in Asia and integrating these into U.S. public markets. The partnership includes two main strategies: advising on the creation of the DAT fund and acting as the investment bank for companies adopting this model. This collaboration seeks to bridge digital assets with traditional finance while emphasizing regulatory compliance. Mercurity Fintech’s CEO, Wilfred Daye, stated the initiative will enhance investor confidence and expand opportunities for blockchain innovators.
Potential Positives
- Mercurity Fintech’s subsidiary, Chaince Securities, has formed a strategic collaboration with OGBC Group, enhancing its position in the blockchain innovation space.
- The partnership aims to launch a Digital Asset Treasury (DAT) fund, which could facilitate the identification of high-quality blockchain projects in Asia, increasing investment opportunities.
- Chaince Securities will provide investment banking services to companies adopting the DAT model, potentially expanding the firm’s market reach and revenue streams.
- The collaboration emphasizes regulatory compliance, which is crucial for building investor confidence in the blockchain and digital asset markets.
Potential Negatives
- The Memorandum of Understanding (MOU) with OGBC Group is non-binding, which may indicate a lack of commitment and could raise concerns about the robustness of the partnership.
- The initial term of the MOU is only 90 days, which may suggest uncertainty regarding the long-term viability and direction of the collaboration.
- Investors may be apprehensive about the reliance on forward-looking statements that contain risks and uncertainties, potentially impacting confidence in the company's future performance.
FAQ
What is the recent collaboration announced by Mercurity Fintech?
Mercurity Fintech's subsidiary, Chaince Securities, has entered into an MOU with OGBC Group for a strategic collaboration on blockchain projects.
What is the purpose of the Digital Asset Treasury (DAT) fund?
The DAT fund aims to identify high-quality blockchain projects in Asia and help U.S. companies adopt the DAT strategy.
How will Chaince Securities support companies adopting the DAT model?
Chaince Securities will provide investment banking services, including fundraising, syndication, and capital markets advisory to facilitate integration.
What does this collaboration mean for investors?
This partnership aims to expand opportunities for investors in digital assets while ensuring regulatory compliance and investor confidence.
What is Mercurity Fintech's mission in the financial sector?
Mercurity Fintech aims to bridge traditional finance and digital innovation, offering advanced financial services and solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
NEW YORK, NY, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “Mercurity Fintech,” or “MFH”) (NASDAQ: MFH), a blockchain-powered fintech group and Russell 2000 Index member, today announced that its wholly owned subsidiary Chaince Securities, LLC (“Chaince Securities”), a U.S.-based broker-dealer, has entered into a Memorandum of Understanding (MOU) with OGBC Group Pte. Ltd. (“OGBC Group”), a Singapore-based blockchain innovation firm. The MOU is non-binding and has an initial 90-day term, with an option to extend by mutual agreement.
The strategic collaboration is designed around a two-tier strategy :
DAT Fund Advisory – Chaince Securities and OGBC Group will jointly advise on the creation of a Digital Asset Treasury (DAT) fund to identify high-quality blockchain projects in Asia. The initiative will also explore suitable U.S. public holding companies to adopt the DAT strategy, creating a bridge between innovative digital assets and listed equity structures.
Investment Banking & Fundraising – Chaince Securities will act as the investment bank for companies adopting the DAT model, providing fundraising, syndication, and capital markets advisory services to accelerate their integration into U.S. public markets.
This dual-layer collaboration positions Chaince Securities and OGBC Group at the intersection of digital assets and traditional finance, expanding opportunities for both blockchain innovators and investors while maintaining a focus on regulatory compliance.
“Collaborating with OGBC Group allows us to combine blockchain innovation with our licensed broker-dealer capabilities,” said Wilfred Daye, Chief Executive Officer of Chaince Securities and Chief Strategy Officer of Mercurity Fintech. “Through the DAT fund and our investment banking platform, we can bring high-quality crypto projects into the U.S. capital markets with an emphasis on regulatory clarity and the aim of providing investor confidence.”
The collaboration aligns with Mercurity Fintech’s mission to be a leader in bridging digital and traditional finance. By combining tokenization strategies, capital formation, and regulatory expertise, MFH continues to expand its footprint as a next-generation financial services group.
About Mercurity Fintech Holding Inc.
Mercurity Fintech Holding Inc. (Nasdaq: MFH) is a fintech group powered by blockchain infrastructure, offering technology and financial services. Through its subsidiaries, including Chaince Securities, LLC, MFH aims to bridge traditional finance and digital innovation, offering services spanning digital assets, financial advisory, and capital markets solutions.
About Chaince Securities, LLC
Chaince Securities, LLC (CRD #10590) is a FINRA-registered broker-dealer founded in 1982 and headquartered in New York City. The firm specializes in equity capital markets, investment banking, asset management, and innovative financial solutions. With decades of institutional experience, Chaince Securities is committed to building long-term relationships and delivering tailored strategies that align with the unique goals of its clients.
About OGBC Group Pte. Ltd.
OGBC Group is a global innovation group building and investing in companies across Web3, AI, and next-gen consumer ecosystems. With a strong presence in APAC, it supports early-stage ventures in frontier and emerging technologies, backing bold ideas that redefine how industries evolve, scale, and thrive.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Contacts:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1(646) 866-7928
Email: [email protected]