Chaince Digital Holdings Inc. engages in providing financial and advisory services in the North America, Greater China, Southeast Asia, Hong Kong, Singapore, Malaysia, and the United States. The company offers industry advisory and consulting services, such as corporate restructuring, capital markets preparation, regulatory compliance, and business expansion strategies; IPO-related financial advisory and consulting services, including transaction structuring, preparation for regulatory filings, coordination with underwriters and professional advisors, and strategic capital markets advisory; and private investment in public equity advisory and placement-related services comprising identifying potential investors, assisting in transaction structuring, and coordinating the placement process. It also provides transaction execution and brokerage, clearing-related brokerage, referral, and escrow agent services. The company was formerly known as Mercurity Fintech Holding Inc. and changed its name to Chaince Digital Holdings Inc. in November 2025. Chaince Digital Holdings Inc. was incorporated in 2011 and is headquartered in New York, New York.
Chaince Digital Holdings Inc. (Nasdaq: CD) Announces Approximately $16.2 Million Registered Direct Offering to Advance Its Digital Asset and Capital Markets Strategy
Chaince Digital Holdings Inc. announced a registered direct offering of 30.56 million ordinary shares for aggregate gross proceeds of approximately $16.2 million.
The company intends to use the net proceeds for working capital and general corporate purposes to support its institutional growth strategy, including expanding digital asset management, real-world asset tokenization, and its broker-dealer franchise.
CEO Shi Qiu stated the capital will be used to build infrastructure ahead of institutional demand for regulated on-chain financial products.