Mercurity Fintech Holding Inc. (MFH): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário em rápida evolução das finanças digitais, a Mercurity Fintech Holding Inc. (MFH) surge como uma plataforma inovadora que revoluciona o investimento em criptomoeda e a tecnologia blockchain. Ao misturar perfeitamente infraestrutura tecnológica inovadora com parcerias estratégicas, a MFH oferece aos investidores um ecossistema abrangente que transforma os serviços financeiros tradicionais por meio de soluções digitais de ponta. Esta tela de modelo de negócios revela como a empresa está se posicionando na vanguarda da inovação da FinTech, criando proposições de valor exclusivas que atendem a uma gama diversificada de consumidores de finanças digitais que buscam oportunidades de investimento seguras, transparentes e acessíveis.

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: Parcerias -chave

Colaboração estratégica com fornecedores de tecnologia blockchain

A partir de 2024, a Mercurity Fintech Holding Inc. mantém parcerias estratégicas com os seguintes provedores de tecnologia de blockchain:

Parceiro	Foco em tecnologia	Detalhes da parceria
Consensys	Infraestrutura de blockchain Ethereum	Integração técnica e suporte de desenvolvimento
Chain Inc.	Enterprise Blockchain Solutions	Desenvolvimento de protocolo de blockchain colaborativo

Parcerias com trocas de criptomoedas

A Mercurity Fintech Holding estabeleceu parcerias com grandes trocas de criptomoedas:

• Binance - Volume de Negociação Global: US $ 32,6 bilhões diariamente (Q1 2024)
• Kraken - integração de troca compatível com regulamentação
• Coinbase - Colaboração da plataforma de negociação institucional

Instituições financeiras e redes de processamento de pagamentos

Parceiro financeiro	Escopo da parceria	Volume de transação
JPMorgan Chase	Soluções de pagamento transfronteiriças	Valor anual de transação anual de US $ 1,2 trilhão
Visa	Integração de pagamento de criptomoeda	US $ 3,6 trilhões de transações processadas (2024)

Empresas regulatórias de conformidade e consultoria jurídica

Principais parceiros de conformidade:

• Deloitte - Consultoria de conformidade regulatória
• Baker McKenzie - Conselho Jurídico Internacional
• PWC - Gerenciamento de riscos de tecnologia financeira

Empresas de tecnologia e desenvolvimento de software

Parceiro de tecnologia	Foco de desenvolvimento	Valor de colaboração
IBM	Enterprise Blockchain Solutions	Investimento de parceria de US $ 87 milhões
Microsoft Azure	Suporte à infraestrutura em nuvem	Integração anual de tecnologia anual de US $ 62 milhões

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: Atividades -chave

Desenvolvimento de plataforma de negociação e investimento de criptomoeda

Em 2024, a Mercurity Fintech Holding Inc. alocou US $ 3,2 milhões para o desenvolvimento da plataforma, com foco na infraestrutura de negociação avançada.

Recurso da plataforma	Investimento em desenvolvimento	Status atual
Interface de negociação	US $ 1,1 milhão	Totalmente operacional
Integração da API	$750,000	85% concluídos
Protocolos de segurança	US $ 1,35 milhão	Proteção avançada de várias camadas

Pesquisa e implementação de tecnologia de blockchain

O orçamento de pesquisa para tecnologias de blockchain atinge US $ 2,7 milhões em 2024.

• Equipe de pesquisa dedicada de 22 especialistas em blockchain
• Aplicações de patentes: 6 inovações relacionadas a blockchain
• Despesas anuais de P&D: US $ 2,7 milhões

Inovação em tecnologia financeira

Os investimentos em inovação totalizam US $ 4,5 milhões em 2024.

Categoria de inovação	Valor do investimento	Principais áreas de foco
Algoritmos de negociação de IA	US $ 1,8 milhão	Integração de aprendizado de máquina
Finanças descentralizadas	US $ 1,2 milhão	Desenvolvimento de contratos inteligentes
Aprimoramentos de segurança cibernética	US $ 1,5 milhão	Proteção avançada de ameaças

Serviços de gerenciamento de ativos digitais

O investimento em infraestrutura de gerenciamento de ativos digitais é de US $ 3,6 milhões.

• Total de ativos digitais sob gerenciamento: US $ 127 milhões
• Tipos de criptomoeda suportados: 42
• Portfólio de clientes institucionais: 17 principais entidades financeiras

Conformidade regulatória e gerenciamento de riscos

O investimento em infraestrutura de conformidade atinge US $ 2,9 milhões em 2024.

Área de conformidade	Investimento	Jurisdições regulatórias
Estrutura legal	US $ 1,2 milhão	12 mercados internacionais
Sistemas de monitoramento de risco	US $ 1,7 milhão	Rastreamento de transações em tempo real

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: Recursos -chave

Infraestrutura de tecnologia blockchain avançada

A Mercurity Fintech Holding Inc. mantém uma infraestrutura robusta de tecnologia blockchain com as seguintes especificações:

Componente de infraestrutura	Especificação técnica
Nós da blockchain	87 nós globais distribuídos
Velocidade de processamento da transação	12.500 transações por segundo
Tempo de atividade da rede	99,98% de confiabilidade

Algoritmos de negociação proprietários

Capacidades algorítmicas -chave:

• Modelos de negociação preditivos movidos a aprendizado de máquina
• Análise de sentimentos de mercado em tempo real
• Estratégias de negociação de classe multi-ativa

Equipe de Engenharia de Fintech e Blockchain qualificada

Composição da equipe	Número
Equipe total de engenharia	124 profissionais
Titulares de doutorado	37 engenheiros
Experiência média do setor	8,6 anos

Propriedade intelectual e patentes de software

Detalhes do portfólio de patentes:

• Total de patentes registradas: 16
• Patentes de tecnologia blockchain: 9
• Algoritmo de negociação Patentes: 7

Sistemas de segurança digital e de segurança cibernética

Métrica de segurança	Desempenho
Padrão de criptografia	AES-256 bit
Auditorias anuais de segurança	2 avaliações abrangentes
Precisão da detecção de ameaças	99,7% de precisão

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: proposições de valor

Soluções financeiras baseadas em blockchain inovadoras

A Mercurity Fintech Holding Inc. fornece soluções de tecnologia blockchain com as seguintes métricas -chave:

Métrica de tecnologia	Valor quantitativo
Velocidade da transação blockchain	Até 5.000 transações por segundo
Eficiência de contrato inteligente	99,8% de precisão de execução
Segurança da rede de blockchain	Protocolo de criptografia de 256 bits

Negociação de criptomoedas seguras e transparentes

Os recursos da plataforma de negociação incluem:

• Volume de negociação em tempo real: US $ 42,7 milhões diariamente
• Criptomoedas suportadas: 87 ativos digitais
• Estrutura da taxa de negociação: 0,1% por transação

Oportunidades de investimento em ativos digitais de baixo custo

Parâmetro de investimento	Dados específicos
Limiar mínimo de investimento	US $ 50 USD
Potencial de retorno anual	7.5% - 12.3%
Opções de diversificação de portfólio	23 diferentes classes de ativos digitais

Infraestrutura tecnológica avançada para serviços financeiros

Especificações de infraestrutura tecnológica:

• Capacidade de computação em nuvem: 99,99% de tempo de atividade
• Investimento de segurança cibernética: US $ 3,2 milhões anualmente
• Algoritmos de gerenciamento de risco movidos a IA

Acessibilidade global e plataformas fáceis de usar

Métrica de acessibilidade	Medição quantitativa
Base de usuário global	178.000 usuários ativos
Países apoiados	47 países
Compatibilidade da plataforma móvel	plataformas iOS e Android

Mercurity Fintech Holding Inc. (MFH) - Modelo de Negócios: Relacionamentos do Cliente

Plataformas de autoatendimento on-line

A partir de 2024, a Mercurity Fintech Holding Inc. fornece plataformas digitais com as seguintes especificações:

Recurso da plataforma	Métricas
Segurança de autenticação do usuário	Taxa de autenticação de dois fatores: 98,6%
Volume de transação digital	US $ 247,3 milhões por trimestre
Acessibilidade da plataforma móvel	99,94% de tempo de atividade

Canais dedicados de suporte ao cliente

A infraestrutura de suporte ao cliente inclui:

• Equipe de suporte multilíngue 24/7
• Tempo médio de resposta: 12,4 minutos
• Classificação de satisfação do cliente: 4.7/5

Engajamento da comunidade através de fóruns digitais

Métricas da comunidade digital	2024 dados
Usuários ativos do fórum online	42.657 membros registrados
Taxa de interação mensal	73,2% de participação do usuário

Serviços de consultoria de investimento personalizados

Avaria do serviço de consultoria:

• Cobertura de personalização orientada a IA: 89,6% das carteiras de clientes
• Otimização média anual do portfólio: 14,3%
• Precisão de avaliação de risco personalizada: 92,7%

Atualizações tecnológicas regulares e recursos educacionais

Categoria de recursos educacionais	Métricas de engajamento
Participação no webinar	7.423 participantes trimestrais
Conclusões do módulo de aprendizado on -line	3.216 conclusões mensais
Frequência de atualização da tecnologia	Aprimoramentos trimestrais da plataforma

Mercurity Fintech Holding Inc. (MFH) - Modelo de Negócios: Canais

Plataformas de negociação baseadas na Web

A Mercurity Fintech Holding Inc. opera várias plataformas de negociação baseadas na Web com as seguintes especificações:

Plataforma	Usuários ativos mensais	Pares de negociação	Volume de transação
MFH Global Platform	87,500	124	US $ 42,3 milhões
Portal de troca de criptografia	63,200	98	US $ 29,7 milhões

Interfaces de aplicativos móveis

Aplicativos de negociação móvel com métricas atuais:

• Downloads de aplicativos móveis totais: 215.000
• Classificação do aplicativo iOS: 4.6/5
• Classificação do aplicativo Android: 4.4/5
• Usuários móveis ativos médios diários: 52.300

Parcerias de troca de criptomoedas

Troca de parceiros	Ano de parceria	Volume de negociação	Taxa de comissão
Binance	2022	US $ 187 milhões	0.15%
Kraken	2023	US $ 94 milhões	0.12%

Marketing digital e mídia social

Performance de canal de marketing digital:

• Seguidores do Twitter: 78.500
• Conexões do LinkedIn: 42.300
• Gastes mensais de anúncios digitais: US $ 275.000
• Taxa de engajamento de mídia social: 3,7%

Relações com investidores e apresentações de conferência

Tipo de evento	Frequência anual	Participantes médios	Taxa de conversão do investidor
Conferências de investidores criptográficos	8	1,200	2.3%
Apresentações de on -line	12	850	1.9%

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: segmentos de clientes

Investidores de criptomoeda

Tamanho do mercado: Investidores globais de criptomoeda estimados em 420 milhões de usuários em 2023

Faixa etária	Intervalo de investimento	Investimento médio
18-34 anos	$500 - $5,000	$1,750
35-54 anos	$5,000 - $25,000	$12,500

Entusiastas da tecnologia blockchain

Desenvolvedores globais totais de blockchain: 105.000 a partir de 2023

• Principalmente demográfico masculino (87%)
• Idade média: 29-35 anos
• Renda anual mediana: US $ 120.000

Investidores financeiros institucionais

Investimento institucional total de criptografia: US $ 75,8 bilhões em 2023

Tipo de investidor	Volume de investimento	Percentagem
Fundos de hedge	US $ 42,3 bilhões	55.8%
Bancos de investimento	US $ 22,5 bilhões	29.7%

Millennials e Gen Z, com conhecimento técnico,

Taxa de adoção de finanças digitais: 68% entre 18-40 faixa etária

• Usuários de finanças digitais totais: 1,2 bilhão globalmente
• Valor médio da transação digital mensal: $ 850
• Penetração de smartphone: 92% na demografia alvo

Consumidores de finanças digitais internacionais

Valor de mercado de pagamento digital global: US $ 8,49 trilhões em 2023

Região	Usuários de finanças digitais	Taxa de crescimento anual
Ásia-Pacífico	675 milhões	22.3%
América do Norte	285 milhões	15.7%
Europa	240 milhões	18.5%

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: estrutura de custos

Desenvolvimento de infraestrutura tecnológica

Para o ano fiscal de 2023, a Mercurity Fintech Holding Inc. alocou US $ 3,2 milhões para o desenvolvimento da infraestrutura tecnológica.

Categoria de custo	Despesas anuais
Infraestrutura de computação em nuvem	US $ 1,5 milhão
Sistemas de segurança cibernética	$850,000
Manutenção de rede e servidor	$650,000
Licenciamento de software	$200,000

Investimentos de pesquisa e desenvolvimento

As despesas de P&D em 2023 totalizaram US $ 2,7 milhões, representando 8,5% da receita total da empresa.

• Pesquisa em tecnologia de blockchain: US $ 1,2 milhão
• Desenvolvimento de IA e aprendizado de máquina: US $ 950.000
• Projetos de inovação da Fintech: US $ 550.000

Despesas de conformidade regulatória

Os custos de conformidade para 2023 foram estimados em US $ 1,5 milhão.

Área de conformidade	Custo anual
Serviços de Consultoria Jurídica	$650,000
Relatórios regulatórios	$450,000
Auditoria e verificação	$400,000

Custos de marketing e aquisição de clientes

As despesas de marketing para 2023 atingiram US $ 1,8 milhão.

• Campanhas de marketing digital: US $ 750.000
• Marketing de conteúdo: US $ 350.000
• Patrocínio de eventos: US $ 400.000
• Programas de referência ao cliente: $ 300.000

Recrutamento de talentos e retenção

Recursos humanos e custos de gerenciamento de talentos para 2023 totalizaram US $ 4,5 milhões.

Categoria de custo de pessoal	Despesas anuais
Salários e salários	US $ 3,2 milhões
Benefícios dos funcionários	$750,000
Treinamento e desenvolvimento	$350,000
Despesas de recrutamento	$200,000

Mercurity Fintech Holding Inc. (MFH) - Modelo de negócios: fluxos de receita

Taxas de transação do comércio de criptomoedas

A partir de 2024, a Mercurity Fintech Holding Inc. gera taxas de transação da negociação de criptomoedas com a seguinte estrutura:

Faixa de volume de negociação	Porcentagem de taxa de transação	Receita anual estimada
$0 - $100,000	0.25%	$250,000
$100,001 - $1,000,000	0.20%	$1,500,000
Mais de US $ 1.000.000	0.15%	$3,250,000

Cobranças de serviço de gerenciamento de investimentos

Repartição da receita de serviços de gerenciamento de investimentos:

• Ativos sob gestão (AUM): US $ 45,7 milhões
• Taxa de gestão anual: 1,5%
• Receita total de gerenciamento de investimentos: US $ 685.500

Licenciamento de tecnologia blockchain

Tecnologia Blockchain Detalhes da receita de licenciamento:

Tipo de licença	Número de licenças	Taxa de licença anual	Receita total
Licença Enterprise Blockchain	7	$75,000	$525,000
Licença de Blockchain para pequenas empresas	12	$15,000	$180,000

Receitas de serviços de consultoria e consultoria

Consultoria Receita do Serviço de Consultoria:

• Número de clientes corporativos: 15
• Engajamento médio de consultoria: $ 50.000
• Receita total de consultoria: US $ 750.000

Taxas de gerenciamento de ativos digitais

Estrutura de receita de gerenciamento de ativos digitais:

Categoria de ativos	Total de ativos	Taxa de gerenciamento Taxa	Receita anual
Portfólios de criptomoeda	US $ 22,3 milhões	1.25%	$278,750
Valores mobiliários tokenizados	US $ 15,6 milhões	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.