Chaince Digital Holdings
Chaince Digital Holdings (Nasdaq: CD) is a New York-based digital finance company that provides capital markets advisory, tokenization, and digital asset treasury services to institutional clients and Nasdaq-listed companies through its FINRA-registered broker-dealer subsidiary Chaince Securities, LLC.
- Company typePublic
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Chaince Digital Holdings does
Chaince Digital Holdings Inc. (Nasdaq: CD), formerly Mercurity Fintech Holding Inc. prior to its November 2025 rebrand, is a New York-headquartered digital finance and technology company operating through its wholly-owned FINRA-registered broker-dealer subsidiary Chaince Securities, LLC and its Hong Kong-based subsidiary Ucon Capital (HK) Limited. The company provides capital markets advisory, tokenization strategy, digital asset treasury structuring, and institutional brokerage services to Nasdaq-listed companies and institutional investors seeking exposure to blockchain-based solutions. Its product portfolio includes an institutional digital asset platform built on Apex Group infrastructure for tokenizing investment funds, public equities, and real-world assets, a Chaince USDC Yield Vault deployed on the Morpho decentralized lending protocol, and a real-time asset valuation and tokenization platform developed with M2M Capital.
The company generates revenue primarily through financial services and advisory fees, supplemented by digital asset services and platform-related income. FY2025 revenue was $1.87 million, a 278% year-over-year increase from $494,025 in 2024, against a net loss of $5.1 million. The go-to-market model combines enterprise field sales through Chaince Securities with conference-based investor outreach (LD Micro Invitational, European Blockchain Convention) and strategic advisory engagements. In parallel, the company has aggressively expanded capital deployment, securing a $200 million equity line of credit from Solana Ventures for a Solana-based digital asset treasury strategy and entering a strategic cooperation framework with ZJK Industrial for a U.S.-based precision components gigafactory targeting AI and semiconductor customers, with planned investment of up to $200 million through a Delaware-based joint venture. The company has raised approximately $35 million across multiple smaller private placements since December 2024 to fund these initiatives and discontinued its Filecoin mining operations in December 2025 to refocus on the advisory and platform business.
Chaince Digital Holdings firmographics
Firmographics- Name
- Chaince Digital Holdings
- Legal name
- Chaince Digital Holdings Inc.
- Website
- https://mercurityfintech.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Chaince Digital Holdings (Nasdaq: CD) is a New York-based digital finance company that provides capital markets advisory, tokenization, and digital asset treasury services to institutional clients and Nasdaq-listed companies through its FINRA-registered broker-dealer subsidiary Chaince Securities, LLC.
- Ownership category
- akta.pro rank
Chaince Digital Holdings industry classification
Industry- Product category
- Institutional Digital Asset & Tokenization Services
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)
- akta.pro secondary industries
- Tokenized Real-World Assets & On-Chain Treasuries (tokenized T-bills, money markets, cash management) (FSAPAEAJ), Treasury Management & Corporate Crypto Yield Programs (FSADAHAL), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), Prime Financing & Credit Intermediation (Institutional) (FSADAJAH)
Keywords
Where Chaince Digital Holdings is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Chaince Digital Holdings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Financial services and advisory: Revenue from financial services and advisory businesses including capital markets advisory, tokenization strategy consulting, and strategic advisory services provided through Chaince Securities, LLC (FINRA-registered broker-dealer) and Ucon Capital (HK) Limited
- Digital asset services: Revenue from digital asset tokenization services, platform fees, and related technology services for institutional clients
- AI hardware and infrastructure investments: Investment returns and operational revenue from AI hardware intelligent manufacturing and liquid cooling solutions expansion, supported by private placement financing
Go-to-market motion3 records
Distribution channels2 records
Marketing channels4 records
Chaince Digital Holdings product offering
Product offeringCore offering
Chaince Digital Holdings operates as a publicly traded fintech and digital asset infrastructure group that delivers institutional-grade tokenization, digital asset treasury strategy, and capital markets advisory services through its FINRA-registered broker-dealer subsidiary Chaince Securities, LLC and Hong Kong-based Ucon Capital (HK) Limited. Beyond financial services, the company is expanding into AI hardware intelligent manufacturing and liquid cooling solutions for AI infrastructure, supported by a $200 million equity line of credit from Solana Ventures and a planned U.S.-based gigafactory joint venture with ZJK Industrial.
Product overview
Chaince Digital Holdings Inc. (formerly Mercurity Fintech Holding Inc., rebranded November 2025, Nasdaq: CD) is a digital finance and technology company operating through subsidiaries Chaince Securities, LLC (FINRA-registered broker-dealer) and Ucon Capital (HK) Limited. The company offers a unified portfolio spanning an institutional-grade tokenized investment platform with infrastructure from Apex Group, USDC yield vaults via Morpho, real-time asset valuation and tokenization tools, AI hardware manufacturing with liquid cooling solutions, and Solana-based digital asset treasury strategies. The portfolio is anchored by regulated brokerage services and complemented by capital markets strategic advisory offerings, all unified under a digital asset infrastructure strategy targeting both financial services and industrial technology markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Institutional Digital Asset Platform
Quantifiable outcome
- 278% year-over-year revenue growth from $494,025 in 2024 to $1.87 million in 2025
- +1 more outcomes
Companies that use Chaince Digital Holdings
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Chaince Digital Holdings technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature3 records
Chaince Digital Holdings partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, minor and flagship.
- Apex Group Ltd.coreAppointed to deliver digital asset servicing, tokenization technology, and operational infrastructure for Chaince Digital's institutional-grade digital asset platform. Apex Group provides fund administration, regulatory reporting, and tokenization solutions covering investment funds, public equities, and real-world assets. Partnership positions Chaince to capture opportunities as tokenized capital markets develop.
- ZJK Industrial Co., Ltd.coreStrategic cooperation framework agreement to jointly build a precision components R&D and manufacturing Gigafactory in the United States. Planned investment of up to $200 million through a Delaware-based joint venture serving AI, semiconductor, electronics, automotive and advanced technology industries. Chaince Securities LLC serves as ZJK's capital markets strategic advisor for five years. Facility will produce thermal management solutions for AI supercomputers and precision components for AI hardware.
- M2M CapitalminorStrategic collaboration to develop an integrated platform for real-time asset valuation, tokenization, and secondary market liquidity in private markets. Collaboration aims to address issues of price transparency, illiquidity, and inefficient valuation processes. Pilot projects expected to begin soon.
- SKK Holdings LimitedflagshipNasdaq-listed civil engineering company based in Singapore appointed Chaince Securities LLC as strategic advisor to develop tokenization and digital asset treasury strategy. Collaboration aims to modernize SKK's balance sheet, improve liquidity management, and explore asset tokenization to accelerate growth and enhance investor engagement.
- Trident Digital Tech Holdings Ltd.minorChaince Securities LLC acted as Exclusive Placement Agent for Trident's $2.6 million PIPE financing to support expansion and development of DRC pass in Democratic Republic of Congo. Funds support digital identity and financial inclusion initiatives using Tridentity technology across Africa.
Scale indicators9 records
Recent moves8 records
Expansion highlights7 records
Chaince Digital Holdings competitors and assessment
Company assessmentDirect peers
- Hut 8 / American Bitcoin: Public digital asset treasury and infrastructure operator pursuing crypto treasury accumulation alongside HPC/AI hosting; comparable to Chaince's combined Solana DAT strategy and AI infrastructure positioning.
- Ondo Finance: Issuer of tokenized US Treasuries and on-chain yield products for institutional and DeFi users; directly comparable to Chaince's USDC yield vault and Solana-based digital asset treasury strategy.
- Bakkt Holdings: Public institutional digital asset infrastructure provider offering brokerage, custody, and trading services; comparable to Chaince Securities' regulated digital asset brokerage and advisory capabilities.
- Maple Finance: Institutional DeFi credit and on-chain lending protocol with curator-led vaults; closely comparable to Chaince's Morpho-based USDC yield vault curated by AlphaPing GmbH.
- Figure Technology Solutions: Public blockchain-enabled lending and RWA tokenization platform serving institutional and capital markets use cases—comparable in bridging regulated capital markets with on-chain asset workflows.
- Core Scientific: Public digital asset and AI infrastructure operator combining hosting/HPC capacity with crypto exposure; comparable to Chaince's pivot into AI infrastructure and AI hardware manufacturing via the ZJK gigafactory JV.
- Securitize: Institutional tokenization platform for funds, equities, and real-world assets with fund administration and regulatory reporting, mirroring Chaince's partnership-led institutional tokenization model with Apex Group.
- Galaxy Digital Holdings: Publicly listed institutional digital asset platform offering trading, asset management, advisory, and tokenization services to institutions—directly comparable to Chaince Securities' broker-dealer and tokenization advisory stack.
- tZERO Group: Tokenized securities trading, ATS, and capital markets infrastructure platform; comparable to Chaince's FINRA-registered broker-dealer approach to security token issuance and secondary trading.
Broad incumbents
- WisdomTree: Established asset manager with a tokenized funds platform (e.g., WisdomTree Prime, tokenized money market funds); broader incumbent offering comparable digital asset and tokenization products at scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Chaince Digital Holdings social profiles
Digital presenceChaince Digital Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chaince Digital Holdings leadership team
Management profileNumber of profiles
Profiles3 records
Chaince Digital Holdings subsidiaries and ownership
Company hierarchySubsidiaries3 records
Chaince Digital Holdings funding detail
Funding detailFunding overview
Funding rounds9 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chaince Digital Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chaince Digital Holdings
What does Chaince Digital Holdings do?
Chaince Digital Holdings operates as a publicly traded fintech and digital asset infrastructure group that delivers institutional-grade tokenization, digital asset treasury strategy, and capital markets advisory services through its FINRA-registered broker-dealer subsidiary Chaince Securities, LLC and Hong Kong-based Ucon Capital (HK) Limited. Beyond financial services, the company is expanding into AI hardware intelligent manufacturing and liquid cooling solutions for AI infrastructure, supported by a $200 million equity line of credit from Solana Ventures and a planned U.S.-based gigafactory joint venture with ZJK Industrial.
Is Chaince Digital Holdings a public or private company?
Chaince Digital Holdings is a public company. It is classified as public and is currently operating.
When was Chaince Digital Holdings founded?
Chaince Digital Holdings was founded in 2024. It employs 1 to 10 people.
Where is Chaince Digital Holdings based?
Chaince Digital Holdings is headquartered in New York, United States, in the North America region.
How does Chaince Digital Holdings make money?
Three revenue lines are on record. Financial services and advisory is the primary driver. The others are digital asset services and AI hardware and infrastructure investments.
Who are Chaince Digital Holdings's main competitors?
Direct peers on record are Hut 8 / American Bitcoin, Ondo Finance, Bakkt Holdings, Maple Finance, Figure Technology Solutions, Core Scientific, Securitize, Galaxy Digital Holdings and tZERO Group. WisdomTree is listed as a broad incumbent.
Does Chaince Digital Holdings have an API?
No public API is recorded for Chaince Digital Holdings.
What industry is Chaince Digital Holdings in?
Chaince Digital Holdings's product category is Institutional Digital Asset & Tokenization Services. Its primary akta.pro industry code is FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity), with a secondary code of FSAPAEAJ, Tokenized Real-World Assets & On-Chain Treasuries (tokenized T-bills, money markets, cash management). Its NAICS code is 5231 and its SIC code is 6200.