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NEW YORK - Mercurity Fintech Holding Inc. (NASDAQ: MFH), a digital fintech group with a market capitalization of $241.37 million, today announced a strategic partnership with SBI Digital Markets (SBIDM), a subsidiary of SBI Digital Asset Holdings. The alliance is aimed at promoting the adoption and global distribution of tokenized real-world assets (RWAs) through investment solutions that comply with regulatory standards. According to InvestingPro data, MFH has demonstrated strong momentum with a 20.32% return over the past week, though investors should note the stock’s historically high price volatility.
The collaboration leverages the strengths of both companies to connect institutional capital with tokenized assets. MFH’s subsidiary, Chaince Securities, LLC, will oversee the distribution of SBIDM’s tokenized asset offerings, ensuring adherence to the regulations of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). Targeting institutional investors, high-net-worth individuals, and accredited investors, the partnership focuses on providing compliant digital asset exposure. The company maintains a healthy liquidity position with a current ratio of 2.59, indicating strong ability to meet short-term obligations.
In addition, SBIDM will supply tokenization technology and infrastructure to MFH, aiding the company’s expansion in the digital asset sector. Wilfred Daye, CSO of Mercurity Fintech Holding Inc. and CEO of Chaince Securities, LLC, expressed enthusiasm about the partnership’s potential to offer institutional-grade digital solutions while navigating complex regulatory landscapes.
Winston Quek, CEO of SBI Digital Markets, highlighted the complementary nature of the partnership. SBIDM’s tokenization technology, combined with MFH’s distribution capabilities, is expected to create a new network for RWAs that neither company could achieve independently.
Mercurity Fintech Holding Inc. is a blockchain-powered fintech group that offers a range of services including financial advisory and capital market solutions. SBI Digital Markets, part of SBI Group – a leading Japanese conglomerate – provides a comprehensive digital framework covering various aspects of digital asset management.
This partnership announcement includes forward-looking statements, which involve risks and uncertainties. The company has stated that it does not intend to update these statements in light of new information or future events. The information for this report is based on a press release statement. Investors should note that MFH’s next earnings report is scheduled for June 18, 2025. InvestingPro subscribers have access to 15 additional investment tips and comprehensive financial analysis tools to better evaluate this high-growth company, which has achieved 125.92% revenue growth in the last twelve months.
In other recent news, Mercurity Fintech Holding Inc. announced a strategic partnership with SBI Digital Markets to promote the adoption and distribution of tokenized real-world assets. This collaboration aims to connect institutional capital with tokenized assets while ensuring regulatory compliance in major markets. Chaince Securities, a subsidiary of MFH, will manage the distribution of these offerings, adhering to SEC and FINRA regulations. In a separate development, Classover Holdings Inc. has engaged Chaince Securities as its strategic advisor for a new Solana-based treasury initiative. This partnership will involve incorporating Solana tokens into Classover’s corporate reserves and engaging in blockchain activities like operating validator nodes. Wilfred Daye, Chief Strategy Officer of MFH, expressed confidence in the partnership, highlighting its potential to expand MFH’s institutional services. Stephanie Luo, CEO of Classover, emphasized the innovative nature of anchoring the company’s treasury in Solana. These recent developments reflect MFH’s focus on expanding its digital asset offerings and market presence.
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