New York, NY, May 01, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced that Classover Holdings Inc. (Nasdaq: KIDZ, KIDZW) has appointed its wholly owned subsidiary, Chaince Securities, LLC ("Chaince Securities"), as strategic digital asset advisor to guide Classover's new Solana-based (SOL) treasury initiative. Classover, a leader in live, interactive online learning, plans to allocate a signi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Core Viewpoint - Mercurity Fintech Holding Inc. announced that its subsidiary, Chaince Securities, has received approval for its Continuing Membership Application from FINRA, marking a significant milestone in its growth strategy [1][2][3] Company Overview - Mercurity Fintech Holding Inc. operates as a digital fintech company with subsidiaries focused on distributed computing and financial brokerage [4] - The company is also involved in AI hardware technology, providing solutions in intelligent manufacturing and advanced liquid cooling systems [4] Regulatory Approval Impact - The FINRA approval enhances Chaince Securities' operational capabilities and allows it to offer a comprehensive suite of financial services [3] - This approval is seen as a turning point for Chaince Securities, reinforcing its position as a trusted broker-dealer committed to integrity and exceptional client service [2][3] Future Plans - Chaince Securities plans to leverage the FINRA approval to provide strategic capital-raising solutions to micro and small-cap companies across various industries [3]

New York, March 12, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group, today announced a strategic engagement with BitGo, a recognized leader in institutional digital asset custody. This collaboration reinforces MFH's commitment to institutional-grade security, regulatory compliance, and investor protection as it expands its digital asset offerings. The strategic engagement with BitGo marks a major step forward ...

Core Insights - Mercurity Fintech Holding Inc. (MFH) has announced an increase in institutional ownership, which will strengthen its position in the intersection of finance and technology [1][2] - The latest 13F report submitted to the SEC indicates that several institutional investors, including BlackRock, Millennium Management, Qube Research, Goldman Sachs, Point72 Asia, and UBS, have acquired shares of MFH [1] - CEO Shi Qiu expressed encouragement regarding institutional interest in MFH's strategic focus, highlighting the importance of regulatory-compliant blockchain integration and licensed financial services for scalable growth [2] Company Overview - Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries involved in distributed computing, business consulting, and financial brokerage [2] - The company is committed to compliance, innovation, and operational excellence, aiming to be a trusted partner in the evolving digital finance landscape [2]

Core Insights - Mercurity Fintech Holding Inc. (MFH) has seen an increase in institutional ownership, indicating strong interest from the investment community [1][2] - A diverse group of institutional investors, including major firms like BlackRock and Goldman Sachs, have acquired stakes in MFH, although specific investment intentions are not disclosed [2] - The CEO of MFH expressed optimism regarding institutional interest, highlighting the company's focus on regulatory-compliant blockchain integration and licensed financial services as key growth drivers [3] Company Overview - MFH is a digital fintech company with subsidiaries that specialize in distributed computing, business consulting, and financial brokerage [4] - The company emphasizes compliance, innovation, and operational excellence to maintain its position as a trusted partner in the evolving digital financial landscape [4]

Core Viewpoint - Mercurity Fintech Holding Inc. has established a subsidiary, Aifinity Base Limited, in Hong Kong to focus on advanced liquid cooling solutions tailored for AI infrastructure and high-performance computing [1][3]. Group 1: Company Overview - Aifinity aims to address the increasing thermal management challenges faced by powerful AI systems by developing innovative liquid cooling technologies [1]. - The parent company, Mercurity Fintech Holding Inc., is a digital fintech firm involved in distributed computing, business consulting, and financial brokerage [3]. Group 2: Market Opportunities and Development Strategy - Aifinity recognizes unprecedented demand for advanced thermal management solutions due to exponential growth in AI computing capabilities and the rising prevalence of high-performance GPUs [3]. - The company plans to offer comprehensive solutions, including customized cooling solutions for various AI computing environments, integrated smart monitoring systems for optimal performance, and energy-efficient designs to significantly reduce operational costs [3]. - Aifinity intends to collaborate closely with major hardware manufacturers to develop optimized cooling solutions that meet the specific needs of next-generation AI infrastructure [3]. - The CEO of Mercurity Fintech Holding Inc., Shi Qiu, expressed the company's ambition to become a leader in thermal management innovation through the establishment of Aifinity [3].

New York, NY, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group, today announced the formation of a majority-owned subsidiary in Hong Kong, Aifinity Base Limited ("Aifinity"). Aifinity plans to manufacture advanced liquid cooling panels specifically tailored for artificial intelligence (AI) infrastructure, high-performance computing (HPC), and more specifically, to improve the efficiency and performance ...

New York, NY, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced the formation of a majority-owned subsidiary in Hong Kong, Aifinity Base Limited ("Aifinity"). Aifinity plans to manufacture advanced liquid cooling panels specifically tailored for artificial intelligence (AI) infrastructure, high-performance computing (HPC), and more specifically, to improve the efficiency and performanc ...

Core Insights - Mercurity Fintech Holding Inc. has been included in the FTSE Russell Microcap® Index, marking a significant milestone in its growth trajectory [1][2] - The inclusion enhances the company's visibility within the investment community and positions it among a select group of promising growth companies [2][3] - The company has observed increased passive equity holdings from major financial institutions such as BlackRock, UBS Group AG, and Citigroup, likely influenced by its inclusion in the index [2] Company Overview - Mercurity Fintech Holding Inc. operates as a digital fintech company with subsidiaries focused on distributed computing and financial brokerage [4] - The company is also involved in AI hardware technology, providing advanced solutions in intelligent manufacturing and liquid cooling systems [4] - The CEO emphasized that the inclusion in the Russell Microcap Index validates the company's strategic direction and highlights its growth in the AI hardware manufacturing sector [3] Future Outlook - Membership in the Russell Microcap Index is valid for one year and is subject to annual reconstitution based on market-capitalization rankings and style attributes [3] - The company anticipates that this achievement will open new opportunities for visibility and investment, contributing to its ongoing innovation and value delivery to shareholders [4]