Mercurity Fintech Holding Inc. (MFH): Business Model Canvas

In der sich schnell entwickelnden Landschaft des digitalen Finanzwesens entwickelt sich Mercurity Fintech Holding Inc. (MFH) zu einer bahnbrechenden Plattform, die Investitionen in Kryptowährungen und die Blockchain-Technologie revolutioniert. Durch die nahtlose Verbindung innovativer technologischer Infrastruktur mit strategischen Partnerschaften bietet MFH Anlegern ein umfassendes Ökosystem, das traditionelle Finanzdienstleistungen durch modernste digitale Lösungen transformiert. Dieses Geschäftsmodell-Canvas zeigt, wie sich das Unternehmen an der Spitze der Fintech-Innovation positioniert und einzigartige Wertversprechen schafft, die sich an ein breites Spektrum digitaler Finanzkonsumenten richten, die sichere, transparente und zugängliche Investitionsmöglichkeiten suchen.

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Zusammenarbeit mit Blockchain-Technologieanbietern

Ab 2024 unterhält Mercurity Fintech Holding Inc. strategische Partnerschaften mit den folgenden Blockchain-Technologieanbietern:

Partner	Technologiefokus	Einzelheiten zur Partnerschaft
Konsens	Ethereum-Blockchain-Infrastruktur	Technische Integration und Entwicklungsunterstützung
Kette Inc.	Blockchain-Lösungen für Unternehmen	Kollaborative Entwicklung des Blockchain-Protokolls

Partnerschaften mit Kryptowährungsbörsen

Mercurity Fintech Holding hat Partnerschaften mit großen Kryptowährungsbörsen aufgebaut:

• Binance – Globales Handelsvolumen: 32,6 Milliarden US-Dollar täglich (Q1 2024)
• Kraken – Regulierungskonforme Börsenintegration
• Coinbase – Zusammenarbeit mit institutionellen Handelsplattformen

Finanzinstitute und Zahlungsabwicklungsnetzwerke

Finanzpartner	Umfang der Partnerschaft	Transaktionsvolumen
JPMorgan Chase	Grenzüberschreitende Zahlungslösungen	Jährlicher Transaktionswert von 1,2 Billionen US-Dollar
Visum	Integration von Kryptowährungszahlungen	Verarbeitete Transaktionen im Wert von 3,6 Billionen US-Dollar (2024)

Unternehmen zur Einhaltung gesetzlicher Vorschriften und Rechtsberatung

Wichtige Compliance-Partner:

• Deloitte – Beratung zur Einhaltung gesetzlicher Vorschriften
• Baker McKenzie – Internationale Rechtsberatung
• PwC – Risikomanagement im Bereich Finanztechnologie

Technologie- und Softwareentwicklungsunternehmen

Technologiepartner	Entwicklungsfokus	Wert der Zusammenarbeit
IBM	Blockchain-Lösungen für Unternehmen	Partnerschaftsinvestition in Höhe von 87 Millionen US-Dollar
Microsoft Azure	Unterstützung der Cloud-Infrastruktur	Jährliche Technologieintegration im Wert von 62 Millionen US-Dollar

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Hauptaktivitäten

Entwicklung von Kryptowährungshandels- und Investitionsplattformen

Bis 2024 hat Mercurity Fintech Holding Inc. 3,2 Millionen US-Dollar für die Plattformentwicklung bereitgestellt, wobei der Schwerpunkt auf einer fortschrittlichen Handelsinfrastruktur liegt.

Plattformfunktion	Entwicklungsinvestitionen	Aktueller Status
Handelsschnittstelle	1,1 Millionen US-Dollar	Voll funktionsfähig
API-Integration	$750,000	85 % abgeschlossen
Sicherheitsprotokolle	1,35 Millionen US-Dollar	Erweiterter mehrschichtiger Schutz

Forschung und Implementierung der Blockchain-Technologie

Das Forschungsbudget für Blockchain-Technologien erreicht im Jahr 2024 2,7 Millionen US-Dollar.

• Engagiertes Forschungsteam aus 22 Blockchain-Spezialisten
• Patentanmeldungen: 6 Blockchain-bezogene Innovationen
• Jährliche F&E-Ausgaben: 2,7 Millionen US-Dollar

Innovation in der Finanztechnologie

Die Innovationsinvestitionen belaufen sich im Jahr 2024 auf 4,5 Millionen US-Dollar.

Kategorie „Innovation“.	Investitionsbetrag	Schwerpunktbereiche
KI-Handelsalgorithmen	1,8 Millionen US-Dollar	Integration maschinellen Lernens
Dezentrale Finanzen	1,2 Millionen US-Dollar	Intelligente Vertragsentwicklung
Verbesserungen der Cybersicherheit	1,5 Millionen Dollar	Erweiterter Bedrohungsschutz

Digital-Asset-Management-Dienste

Die Investitionen in die Infrastruktur für die digitale Vermögensverwaltung belaufen sich auf 3,6 Millionen US-Dollar.

• Gesamtes verwaltetes digitales Vermögen: 127 Millionen US-Dollar
• Unterstützte Kryptowährungstypen: 42
• Portfolio institutioneller Kunden: 17 große Finanzinstitute

Einhaltung gesetzlicher Vorschriften und Risikomanagement

Die Investitionen in die Compliance-Infrastruktur erreichen im Jahr 2024 2,9 Millionen US-Dollar.

Compliance-Bereich	Investition	Aufsichtsrechtliche Zuständigkeiten
Rechtlicher Rahmen	1,2 Millionen US-Dollar	12 internationale Märkte
Risikoüberwachungssysteme	1,7 Millionen US-Dollar	Echtzeit-Transaktionsverfolgung

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche Blockchain-Technologie-Infrastruktur

Mercurity Fintech Holding Inc. unterhält eine robuste Blockchain-Technologie-Infrastruktur mit den folgenden Spezifikationen:

Infrastrukturkomponente	Technische Spezifikation
Blockchain-Knoten	87 verteilte globale Knoten
Geschwindigkeit der Transaktionsverarbeitung	12.500 Transaktionen pro Sekunde
Netzwerkverfügbarkeit	99,98 % Zuverlässigkeit

Proprietäre Handelsalgorithmen

Wichtige algorithmische Fähigkeiten:

• Auf maschinellem Lernen basierende prädiktive Handelsmodelle
• Marktstimmungsanalyse in Echtzeit
• Handelsstrategien für mehrere Anlageklassen

Erfahrenes Fintech- und Blockchain-Engineering-Team

Teamzusammensetzung	Nummer
Gesamtes technisches Personal	124 Profis
Doktoranden	37 Ingenieure
Durchschnittliche Branchenerfahrung	8,6 Jahre

Geistiges Eigentum und Softwarepatente

Details zum Patentportfolio:

• Gesamtzahl der angemeldeten Patente: 16
• Patente für Blockchain-Technologie: 9
• Patente für Handelsalgorithmen: 7

Digitale Sicherheits- und Cybersicherheitssysteme

Sicherheitsmetrik	Leistung
Verschlüsselungsstandard	AES-256-Bit
Jährliche Sicherheitsaudits	2 umfassende Beurteilungen
Genauigkeit der Bedrohungserkennung	99,7 % Präzision

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Wertversprechen

Innovative Blockchain-basierte Finanzlösungen

Mercurity Fintech Holding Inc. bietet Blockchain-Technologielösungen mit den folgenden Schlüsselkennzahlen:

Technologiemetrik	Quantitativer Wert
Blockchain-Transaktionsgeschwindigkeit	Bis zu 5.000 Transaktionen pro Sekunde
Intelligente Vertragseffizienz	99,8 % Ausführungsgenauigkeit
Blockchain-Netzwerksicherheit	256-Bit-Verschlüsselungsprotokoll

Sicherer und transparenter Kryptowährungshandel

Zu den Funktionen der Handelsplattform gehören:

• Echtzeit-Handelsvolumen: durchschnittlich 42,7 Millionen US-Dollar pro Tag
• Unterstützte Kryptowährungen: 87 digitale Assets
• Struktur der Handelsgebühren: 0,1 % pro Transaktion

Kostengünstige Investitionsmöglichkeiten für digitale Vermögenswerte

Investitionsparameter	Spezifische Daten
Mindestinvestitionsschwelle	50 USD
Jährliches Renditepotenzial	7.5% - 12.3%
Optionen zur Portfoliodiversifizierung	23 verschiedene digitale Anlageklassen

Fortschrittliche technologische Infrastruktur für Finanzdienstleistungen

Technische Infrastrukturspezifikationen:

• Cloud-Computing-Kapazität: 99,99 % Verfügbarkeit
• Investitionen in die Cybersicherheit: 3,2 Millionen US-Dollar pro Jahr
• KI-gestützte Risikomanagement-Algorithmen

Globale Zugänglichkeit und benutzerfreundliche Plattformen

Barrierefreiheitsmetrik	Quantitative Messung
Globale Benutzerbasis	178.000 aktive Benutzer
Unterstützte Länder	47 Länder
Kompatibilität mit mobilen Plattformen	iOS- und Android-Plattformen

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Kundenbeziehungen

Online-Self-Service-Plattformen

Ab 2024 stellt Mercurity Fintech Holding Inc. digitale Plattformen mit folgenden Spezifikationen bereit:

Plattformfunktion	Metriken
Sicherheit der Benutzerauthentifizierung	Zwei-Faktor-Authentifizierungsrate: 98,6 %
Digitales Transaktionsvolumen	247,3 Millionen US-Dollar pro Quartal
Zugänglichkeit mobiler Plattformen	99,94 % Verfügbarkeit

Dedizierte Kundensupportkanäle

Die Kundensupport-Infrastruktur umfasst:

• Mehrsprachiges Support-Team rund um die Uhr
• Durchschnittliche Antwortzeit: 12,4 Minuten
• Kundenzufriedenheitsbewertung: 4,7/5

Community-Engagement durch digitale Foren

Digitale Community-Metriken	Daten für 2024
Aktive Online-Forum-Benutzer	42.657 registrierte Mitglieder
Monatliche Interaktionsrate	73,2 % Nutzerbeteiligung

Personalisierte Anlageberatungsdienste

Aufschlüsselung der Beratungsleistungen:

• KI-gesteuerte Personalisierungsabdeckung: 89,6 % der Kundenportfolios
• Durchschnittliche jährliche Portfoliooptimierung: 14,3 %
• Genauigkeit der personalisierten Risikobewertung: 92,7 %

Regelmäßige technologische Updates und Bildungsressourcen

Kategorie der Bildungsressourcen	Engagement-Kennzahlen
Webinar-Teilnahme	7.423 vierteljährliche Teilnehmer
Abschlüsse des Online-Lernmoduls	3.216 monatliche Abschlüsse
Häufigkeit von Technologieaktualisierungen	Vierteljährliche Plattformverbesserungen

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Kanäle

Webbasierte Handelsplattformen

Mercurity Fintech Holding Inc. betreibt mehrere webbasierte Handelsplattformen mit den folgenden Spezifikationen:

Plattform	Monatlich aktive Benutzer	Handelspaare	Transaktionsvolumen
Globale MFH-Plattform	87,500	124	42,3 Millionen US-Dollar
Krypto-Austauschportal	63,200	98	29,7 Millionen US-Dollar

Mobile Anwendungsschnittstellen

Mobile Handelsanwendungen mit aktuellen Kennzahlen:

• Gesamtzahl der Downloads mobiler Apps: 215.000
• iOS-App-Bewertung: 4,6/5
• Bewertung der Android-App: 4,4/5
• Durchschnittlich täglich aktive Mobilfunknutzer: 52.300

Partnerschaften zum Austausch von Kryptowährungen

Partnerbörse	Partnerschaftsjahr	Handelsvolumen	Provisionssatz
Binance	2022	187 Millionen Dollar	0.15%
Kraken	2023	94 Millionen Dollar	0.12%

Digitales Marketing und soziale Medien

Leistung des digitalen Marketingkanals:

• Twitter-Follower: 78.500
• LinkedIn-Verbindungen: 42.300
• Monatliche Ausgaben für digitale Werbung: 275.000 US-Dollar
• Social-Media-Engagement-Rate: 3,7 %

Investor Relations und Konferenzpräsentationen

Ereignistyp	Jährliche Häufigkeit	Durchschnittliche Teilnehmerzahl	Anleger-Conversion-Rate
Krypto-Investorenkonferenzen	8	1,200	2.3%
Webinar-Präsentationen	12	850	1.9%

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Kundensegmente

Kryptowährungsinvestoren

Marktgröße: Globale Kryptowährungsinvestoren werden im Jahr 2023 auf 420 Millionen Nutzer geschätzt

Altersgruppe	Investitionsbereich	Durchschnittliche Investition
18-34 Jahre	$500 - $5,000	$1,750
35-54 Jahre	$5,000 - $25,000	$12,500

Enthusiasten der Blockchain-Technologie

Gesamtzahl der weltweiten Blockchain-Entwickler: 105.000 im Jahr 2023

• Hauptsächlich männliche Bevölkerungsgruppe (87 %)
• Durchschnittsalter: 29-35 Jahre
• Mittleres Jahreseinkommen: 120.000 US-Dollar

Institutionelle Finanzinvestoren

Gesamte institutionelle Kryptoinvestitionen: 75,8 Milliarden US-Dollar im Jahr 2023

Anlegertyp	Investitionsvolumen	Prozentsatz
Hedgefonds	42,3 Milliarden US-Dollar	55.8%
Investmentbanken	22,5 Milliarden US-Dollar	29.7%

Technisch versierte Millennials und Gen Z

Akzeptanzrate des digitalen Finanzwesens: 68 % in der Altersgruppe der 18- bis 40-Jährigen

• Gesamtnutzer digitaler Finanzen: 1,2 Milliarden weltweit
• Durchschnittlicher monatlicher digitaler Transaktionswert: 850 $
• Smartphone-Penetration: 92 % in der Zielgruppe

Internationale Verbraucher digitaler Finanzen

Weltweiter Marktwert für digitale Zahlungen: 8,49 Billionen US-Dollar im Jahr 2023

Region	Benutzer digitaler Finanzen	Jährliche Wachstumsrate
Asien-Pazifik	675 Millionen	22.3%
Nordamerika	285 Millionen	15.7%
Europa	240 Millionen	18.5%

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Kostenstruktur

Entwicklung der Technologieinfrastruktur

Für das Geschäftsjahr 2023 stellte Mercurity Fintech Holding Inc. 3,2 Millionen US-Dollar für die Entwicklung der Technologieinfrastruktur bereit.

Kostenkategorie	Jährliche Ausgaben
Cloud-Computing-Infrastruktur	1,5 Millionen Dollar
Cybersicherheitssysteme	$850,000
Netzwerk- und Serverwartung	$650,000
Softwarelizenzierung	$200,000

Forschungs- und Entwicklungsinvestitionen

Die F&E-Ausgaben für 2023 beliefen sich auf insgesamt 2,7 Millionen US-Dollar, was 8,5 % des Gesamtumsatzes des Unternehmens entspricht.

• Blockchain-Technologieforschung: 1,2 Millionen US-Dollar
• Entwicklung von KI und maschinellem Lernen: 950.000 US-Dollar
• Fintech-Innovationsprojekte: 550.000 US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Compliance-Kosten für 2023 wurden auf 1,5 Millionen US-Dollar geschätzt.

Compliance-Bereich	Jährliche Kosten
Rechtsberatungsdienste	$650,000
Regulatorische Berichterstattung	$450,000
Audit und Verifizierung	$400,000

Kosten für Marketing und Kundenakquise

Die Marketingausgaben für 2023 erreichten 1,8 Millionen US-Dollar.

• Digitale Marketingkampagnen: 750.000 US-Dollar
• Content-Marketing: 350.000 US-Dollar
• Event-Sponsoring: 400.000 $
• Kundenempfehlungsprogramme: 300.000 $

Rekrutierung und Bindung von Talenten

Die Personal- und Talentmanagementkosten für 2023 beliefen sich auf insgesamt 4,5 Millionen US-Dollar.

Personalkostenkategorie	Jährliche Ausgaben
Gehälter und Löhne	3,2 Millionen US-Dollar
Leistungen an Arbeitnehmer	$750,000
Schulung und Entwicklung	$350,000
Rekrutierungskosten	$200,000

Mercurity Fintech Holding Inc. (MFH) – Geschäftsmodell: Einnahmequellen

Transaktionsgebühren beim Kryptowährungshandel

Ab 2024 generiert Mercurity Fintech Holding Inc. Transaktionsgebühren aus dem Handel mit Kryptowährungen mit folgender Struktur:

Handelsvolumenbereich	Prozentsatz der Transaktionsgebühr	Geschätzter Jahresumsatz
$0 - $100,000	0.25%	$250,000
$100,001 - $1,000,000	0.20%	$1,500,000
Über 1.000.000 US-Dollar	0.15%	$3,250,000

Gebühren für Anlageverwaltungsdienstleistungen

Aufschlüsselung der Einnahmen aus Investment-Management-Dienstleistungen:

• Verwaltetes Vermögen (AUM): 45,7 Millionen US-Dollar
• Jährlicher Verwaltungsgebührensatz: 1,5 %
• Gesamtertrag aus der Anlageverwaltung: 685.500 US-Dollar

Lizenzierung der Blockchain-Technologie

Einzelheiten zu den Einnahmen aus der Lizenzierung der Blockchain-Technologie:

Lizenztyp	Anzahl der Lizenzen	Jährliche Lizenzgebühr	Gesamtumsatz
Enterprise-Blockchain-Lizenz	7	$75,000	$525,000
Blockchain-Lizenz für kleine Unternehmen	12	$15,000	$180,000

Einnahmen aus Beratungs- und Beratungsdienstleistungen

Aufschlüsselung der Einnahmen aus Beratungsdienstleistungen:

• Anzahl Firmenkunden: 15
• Durchschnittliches Beratungsengagement: 50.000 US-Dollar
• Gesamter Beratungsumsatz: 750.000 US-Dollar

Gebühren für die Verwaltung digitaler Assets

Umsatzstruktur im Digital Asset Management:

Asset-Kategorie	Gesamtvermögen	Verwaltungsgebührensatz	Jahresumsatz
Kryptowährungsportfolios	22,3 Millionen US-Dollar	1.25%	$278,750
Tokenisierte Wertpapiere	15,6 Millionen US-Dollar	1.00%	$156,000

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Value Propositions

Bridging traditional finance with regulatory-compliant blockchain technology.

• Entry into institutional-grade, yield-generating DeFi ecosystems.
• Strategy impacted by new NASDAQ oversight on token-funded treasuries.

Institutional-grade security and custody for digital assets via BitGo engagement.

• Access to BitGo's multi-signature wallets and custody services.
• Strengthened position for managing tokenized real-world assets (RWA).

Access to high-performance, on-chain yield generation through the Solana ecosystem.

• Execution of the $500 million DeFi Basket Treasury initiative.
• Initial focus on accumulating Solana (SOL) for staking rewards.

Energy-efficient liquid cooling hardware for high-performance computing (HPC) and AI.

• Commercialization via the Aifinity Base joint venture, launched February 2025.
• Targeting cooling solutions for NVIDIA-based AI and HPC systems.

Expert advisory on Solana-based digital asset treasury management.

• Advisory services are part of a diversified revenue stream.
• Business consulting contributed about 44.5% of the $1.0 million in 2024 revenues. It's a defintely key part of the non-crypto revenue base.

Here's a quick look at some of the hard numbers framing the business as of late 2025:

Metric	Value	Context/Date
DeFi Basket Treasury Size	$500 million	Launched July 2025
2024 Total Revenue	$1.0 million	Unaudited figure
Latest Reported EPS (TTM)	-0.08	As of December 04, 2025
Institutional Investors	Approximately 80	As of September 2025
Index Inclusion	S&P Global BMI and Russell 2000	Effective September 22, 2025

The company also reported a Q1 2025 period-end revenue of $211.74K. What this estimate hides is the current operational burn rate versus the cash position reported earlier in the year.

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Customer Relationships

You're looking at how Mercurity Fintech Holding Inc. (MFH), which rebranded to Chaince Digital Holdings Inc. in November 2025, structures its connections with its key client base. Honestly, for a firm operating at the intersection of blockchain and finance, the focus is clearly on the institutional side, which demands a different level of service than retail. This isn't about simple self-service portals; it's about dedicated access and high-level advice.

The relationship model leans heavily into high-touch advisory for institutional players. This is evidenced by the growing number of sophisticated entities holding the stock. As of November 17, 2025, 30.82% of Mercurity Fintech Holding Inc.'s stock is held by institutional investors. This suggests that the advisory services, particularly around digital asset treasury management and tokenization through its Digital Asset Treasury Strategy (DATS), are resonating with larger players who need bespoke guidance.

Here's a quick look at the institutional footprint as of late 2025, based on regulatory filings:

Metric	Value/Count	Date Context
Total Institutional Owners/Shareholders (13D/G or 13F Filers)	99	Late 2025
Total Shares Held by Institutions	5,538,794 shares	Late 2025
Approximate Institutional Shareholders (Index Context)	Around 80	September 2025
Institutional Ownership Percentage	30.82%	November 17, 2025

Dedicated broker-dealer execution services are channeled through its subsidiary, Chaince Securities, LLC. This isn't just a passive holding relationship; it's active service provision. For instance, in November 2025, Mercurity Fintech Holding Inc. announced a non-binding Memorandum of Understanding involving Chaince Securities to pilot real-time valuation, tokenization, and secondary market liquidity for private-market assets. This shows Chaince Securities is the execution arm for complex, institutional-grade digital asset market activities.

To support these institutional relationships, the firm emphasizes institutional-grade operational procedures for asset security and compliance. You can see this commitment reflected in capital deployment decisions. In July 2025, Mercurity Fintech Holding Inc. raised $43.70 million in a registered direct offering from institutional investors, explicitly stating an intent to use net proceeds to advance its crypto treasury strategy, including building out institutional-grade on-chain financial infrastructure. That kind of capital allocation signals a focus on building the necessary security and compliance backbone for serious institutional custody and trading.

Direct engagement with institutional investors and high-net-worth individuals is further solidified by corporate milestones that increase market access. The uplisting to the Nasdaq Global Market, effective October 9, 2025, was a deliberate move to meet higher financial and corporate governance standards, which the company noted may enhance visibility and access to institutional investors. The very nature of the July 2025 capital raise, involving specific institutional participants like LTP, Syntax Capital, OGBC Group, and Blockstone Capital, underscores this direct engagement channel. The stock price as of November 12, 2025, was $11.35 per share, showing the market valuation tied to these institutional relationships.

The key relationship touchpoints include:

• Advisory on Digital Asset Treasury Strategy (DATS) execution.
• Execution services via Chaince Securities for private market assets.
• Securing capital commitments from digital asset-focused institutions.
• Achieving Nasdaq Global Market listing to signal operational maturity.

Finance: draft the projected 2026 budget for compliance upgrades related to the new institutional infrastructure by end of January.

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Channels

You're looking at how Mercurity Fintech Holding Inc. (MFH), which officially rebranded to Chaince Digital Holdings Inc. (NASDAQ: CD) in November 2025, gets its services and assets to market. The channel strategy is clearly bifurcated between regulated financial services and digital asset infrastructure.

Chaince Securities, LLC: The FINRA-registered broker-dealer subsidiary

This subsidiary is a core channel for regulated financial services distribution. Chaince Securities, LLC successfully received approval for its Continuing Membership Application (CMA) from the Financial Industry Regulatory Authority (FINRA) on March 21, 2025. This regulatory clearance is the channel that allows the firm to engage in specific, compliant securities activities.

The FINRA approval enhances operational capabilities to service clients through several distinct channels:

• Broker or dealer retailing corporate equity securities.
• Underwriting and best-effort offerings.
• U.S. government securities brokerage.
• Private placements of securities.

Global distribution network for tokenized Real-World Assets (RWAs)

A major channel for digital asset distribution was solidified through a strategic partnership announced on June 5, 2025, with SBI Digital Markets (SBIDM). Under this arrangement, Chaince Securities, LLC acts as the distribution arm, targeting institutional investors, high-net-worth individuals, and accredited investors with SBIDM's tokenized RWA offerings. This channel is designed to bridge institutional capital with tokenized assets while maintaining compliance with SEC and FINRA regulations.

This distribution effort targets a rapidly expanding market. The tokenized real-world asset (RWA) market crossed $30 billion in size in Q3 2025. Specifically, the tokenized U.S. Treasury market expanded to $8.8 billion as of October 31, 2025.

Direct sales and advisory agreements with corporate clients

The advisory services channel is executed through the licensed entity. For instance, Chaince Securities has served as a strategic advisor for SKK Holdings regarding their digital asset strategy and tokenization efforts. This represents a direct sales channel for high-touch, bespoke financial and tokenization advisory services to corporate entities.

Digital asset platforms and proprietary trading infrastructure

The company's digital asset solutions are a channel for accessing blockchain and digital assets. While specific proprietary trading volumes or platform Assets Under Management (AUM) for late 2025 aren't public, the commitment to this infrastructure is evidenced by the July 2025 registered direct offering, which aimed to raise capital to enhance its crypto treasury strategy and develop on-chain financial tools. The offering involved issuing approximately 12.5 million ordinary shares and warrants at an offering price of $3.50 per share.

Key channel-related financial and statistical markers for Mercurity Fintech Holding Inc. (MFH) as of late 2025 include:

Channel/Metric	Data Point	Date/Period	Source Detail
FINRA Approval (Chaince Securities)	Approval Date	March 21, 2025	Continuing Membership Application (CMA) approval
RWA Market Size	$30 Billion	Q3 2025	Total market value crossed this threshold
Tokenized U.S. Treasury Market	$8.8 Billion	October 31, 2025	Market size expansion
Capital Raise (Share/Warrant Offering)	$3.50 per unit	July 2025	Effective offering price for shares and warrants
Institutional Ownership (Largest Addition)	1,336,492 shares added	Q2 2025	BlackRock, Inc. addition (+957.5%)
Index Inclusion	MSCI Global Small Cap Indexes	Effective November 24, 2025	Inclusion announced

The institutional validation of the distribution strategy is visible through ownership changes; for example, BlackRock, Inc. added 1,336,492 shares in Q2 2025. Also, the company's inclusion in the MSCI Global Small Cap Indexes effective November 24, 2025, serves as a channel to increase visibility for index-tracking funds.

Finance: draft 13-week cash view by Friday.

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Customer Segments

You're mapping out the core groups Mercurity Fintech Holding Inc. (MFH) serves as of late 2025. Honestly, the customer base is split across two very different worlds: regulated digital finance and high-performance computing infrastructure. We need to look at the hard numbers tied to each group to see where the focus really is.

Institutional investors and asset managers seeking digital asset exposure

This segment is showing clear, measurable interest, especially following the company's inclusion in the Russell 2000 index in August 2025. You've got major players establishing or increasing positions. For instance, recent filings show that during the previous two years, 31 institutional investors and hedge funds held shares of Mercurity Fintech Holding Inc.. As of the latest data, 30.82% of Mercurity Fintech Holding Inc.'s stock is owned by these institutional investors.

We see concrete examples of this capital inflow:

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. held an estimated $5.03M stake as of Q4 2024.
• Vanguard Group Inc. held an estimated $4.68M stake in the same period.
• Millennium Management LLC held an estimated $3.34M stake.
• UBS Group AG held an estimated $1.74M stake.

Furthermore, Mercurity Fintech Holding Inc. actively raised capital from this group, completing a private placement financing that secured around $6 million in gross proceeds, and also announced a registered direct offering aiming to raise approximately $43.7 million. So, the segment is both a shareholder base and a source of direct financing.

High-net-worth individuals and accredited investors

While the public filings heavily emphasize institutional ownership, the company's licensed financial services subsidiary, Chaince Securities, LLC, is a FINRA-registered broker-dealer and RIA. This structure inherently targets accredited investors and high-net-worth individuals (HNWIs) for its brokerage and investment advisory services, bridging traditional finance and digital innovation. Though specific AUM or client count for this group isn't explicitly stated in the latest reports, the regulatory licenses confirm this as a core target for bespoke financial products.

Publicly traded companies needing Solana-based digital asset treasury advisory

Mercurity Fintech Holding Inc. is positioning itself as a key player in the Solana ecosystem for institutional clients. The commitment here is substantial, evidenced by the $200 million Equity Line of Credit Agreement signed with Solana Ventures Ltd. in July 2025 to launch its Solana-based digital asset treasury strategy. This strategy involves accumulating Solana (SOL) and generating yield.

The advisory service aspect is demonstrated by specific engagements:

• Chaince Securities, LLC, a subsidiary, was engaged by Classover Holdings for a Solana-based treasury initiative.
• SKK Holdings appointed Chaince Securities as a strategic advisor for tokenization and digital asset strategy.

The company is also building out its own on-chain strategy, having announced the launch of a $500 million DeFi Basket Treasury, initially focusing on Solana.

Data center operators and enterprises requiring AI/HPC liquid cooling solutions

This infrastructure segment is being addressed through a dedicated entity. Mercurity Fintech Holding Inc. established Aifinity Base Limited in February 2025, a majority-owned subsidiary, to manufacture advanced liquid cooling panels for AI infrastructure and High-Performance Computing (HPC) systems, specifically targeting efficiency for Nvidia® chip-powered GPUs. The initial financial commitment to this joint venture was USD $9.8 million, with Mercurity Fintech Holding Inc. holding a 51% stake. This shows a direct, capital-backed focus on data center operators facing critical thermal management challenges.

Here's a quick look at the investment in this segment:

Metric	Value
JV Formation Date	February 2025
Initial JV Investment (USD)	$9.8 million
Mercurity Fintech Holding Inc. Stake	51%
Target Technology Focus	Liquid cooling panels for Nvidia GPUs

The target customer here is any enterprise or data center operator running high-density computing that needs to reduce electricity costs through improved efficiency hardware, which is a defintely growing niche. Finance: draft 13-week cash view by Friday.

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Cost Structure

You're looking at the cost side of Chaince Digital Holdings Inc. (CD), which is the new name for Mercurity Fintech Holding Inc. (MFH) as of 2025. The cost structure is heavily influenced by its pivot into high-tech infrastructure and regulated financial services, alongside its new on-chain treasury strategy.

High operating expenses from R&D for on-chain financial tools. The push to develop and maintain on-chain financial tools and DeFi strategies necessitates substantial, ongoing Research and Development spending. While the specific 2025 R&D expense is not itemized in the latest public filings, the company's strategic focus on Solana-native DeFi and tokenized asset platforms suggests this line item is a major driver of operating burn. For context on the overall cost pressure, the GAAP net loss for the first half of 2024 was $3,834,465, against revenues of $517,177 for the same period.

Significant capital expenditure on AI/HPC liquid cooling hardware manufacturing. A core component of the CD business now involves AI and High-Performance Computing (HPC) infrastructure, specifically developing liquid cooling solutions for AI data centers. This requires significant upfront capital investment in manufacturing facilities and hardware. The company secured $8 million in follow-on financing in 2025 specifically to accelerate these AI manufacturing innovations, which points directly to CapEx requirements in this area.

Regulatory compliance and legal costs for FINRA-registered operations. The 2025 acquisition of FINRA-registered broker-dealer Chaince Securities means CD must absorb the costs of maintaining compliance within a regulated U.S. environment. These costs include personnel, technology systems for surveillance, and ongoing regulatory fees. For FINRA members generally, projected fee increases between 2025 and 2029 have a Compound Annual Growth Rate (CAGR) estimated between 4.8% or falling to the 3% to 4% range, depending on the fee structure applied. These are recurring, non-negotiable costs for operating the investment banking segment.

General and administrative costs associated with a New York-based, publicly traded company. Being listed on Nasdaq and headquartered in New York City carries inherent, fixed overhead. This includes executive salaries, corporate overhead, public company reporting requirements (like SEC filings), and investor relations expenses. The company maintains a small employee base, listed as 11-50 Employees, which helps control personnel G&A, but public company costs remain fixed regardless of revenue fluctuations.

Interest expense on the $200 million Equity Line of Credit. The July 2025 agreement for a $200 million Equity Line of Credit with 'Solana Ventures Ltd.' is a key financial liability structure. While this is an equity line, meaning draws result in share issuance rather than immediate cash debt, any drawn portion that is not immediately deployed into assets or is subject to specific financing terms could carry an interest component, or the cost is embedded in the discount/warrant structure. The full $200 million is the maximum facility size that influences the potential cost base, though the actual interest expense for 2025 depends on the draw schedule and the specific terms of the credit agreement.

Here's a quick look at the major financial anchors influencing the 2025 cost base:

Cost Driver Category	Associated Financial Figure	Context/Date
Equity Line Facility Size	$200 million	Maximum size of the Solana Treasury Equity Line of Credit (July 2025)
Recent Financing Raised	$8 million	Follow-On Financing to power AI Innovation (2025)
H1 2024 Net Loss	$3,834,465	Illustrates pre-pivot operating cost absorption (H1 2024)
FINRA Fee Growth Projection	4.8% CAGR (or 3% to 4%)	Projected growth in regulatory fees for members (2025-2029)
Company Size Indicator	11-50 Employees	Indicates personnel cost structure for G&A

The company's cost structure is a blend of high-growth technology investment and mandatory regulatory overhead. You'll want to watch the burn rate on the R&D for on-chain tools closely, as that's where the discretionary spending is highest.

• High R&D for on-chain financial tools.
• CapEx for AI/HPC liquid cooling hardware.
• FINRA compliance and legal fees.
• New York public company G&A overhead.
• Potential interest/financing costs on the $200 million line.

Finance: draft 13-week cash view by Friday.

Mercurity Fintech Holding Inc. (MFH) - Canvas Business Model: Revenue Streams

You're looking at the actual money Mercurity Fintech Holding Inc. (MFH) brought in, which is key to understanding its current value proposition. Honestly, the revenue base is still quite small relative to its market aspirations, but the growth rate is notable.

Total annual revenue for 2024 was reported at $1.01 million. This represented a significant jump, showing a 125.92% increase year-over-year from the 2023 total of $445.93 thousand.

For the first half of 2024, GAAP revenues specifically hit USD$517,177, which is a 110.03% increase over the first half of 2023. This shows the momentum building into the full year.

Here's a look at the known components making up that 2024 figure, showing where the money is defintely coming from right now:

Revenue Stream Component	2024 Amount (USD)	Percentage of Total	Context
Total Annual Revenue	$1,007,000	100%	Twelve months ending December 31, 2024.
Business Consulting Revenue	$448,900	44.5%	As specified for 2024 revenue.
Service Fees/Commissions (Implied Remainder)	Approx. $558,100	Approx. 55.5%	The balance of total revenue not attributed to consulting.

The business model relies on several distinct streams, though the consulting piece was the largest confirmed segment for 2024.

• Service fees and commissions from digital asset platforms and brokerage.
• Business consulting revenue, which was $448.9 thousand (44.5%) of 2024 revenue.
• Revenue from the sale of AI/HPC liquid cooling hardware via Aifinity Base JV; this joint venture launched in February 2025 to target liquid-cooling for AI and HPC systems.

Beyond current realized revenue, Mercurity Fintech Holding Inc. has a major potential recurring yield stream tied to its new Solana strategy, announced in July 2025 with a $200 million Equity Line of Credit from Solana Ventures.

This strategy directly feeds into the following projected income:

• Potential recurring yield from staking the Solana (SOL) digital asset treasury (estimated $12 million annually at 6% yield).

If they deploy the full credit line to acquire SOL at an assumed price of $\$25$ per token, they could acquire about 8 million SOL tokens, which would generate that estimated annual yield from staking alone. That potential yield dwarfs the 2024 total revenue of $1.01 million. Finance: draft 13-week cash view by Friday.