Chaince Digital Holdings Inc. Secures US$6.14 Million in Private Placement, Reinforcing Investor Confidence
New York, NY, Dec. 15, 2025 (GLOBE NEWSWIRE) — Chaince Digital Holdings Inc. (Nasdaq: CD), formerly known as Mercurity Fintech Holding Inc., has successfully completed a private placement transaction with an institutional investor, raising approximately US$6.14 million. This strategic move not only strengthens the company’s balance sheet but also reflects significant confidence from institutional stakeholders in Chaince's future initiatives in the fintech and digital asset sector.
Details of the Private Placement
Under the Securities Purchase Agreement, the institutional investor has acquired an aggregate of 1,000,000 ordinary shares of Chaince at a purchase price of US$6.14 per share, equal to the closing price of Chaince’s shares on the Nasdaq Stock Market as of December 5, 2025. The total gross proceeds of the transaction, before fees and expenses, amount to US$6.14 million.
This placement occurred in a transaction that is exempt from registration under the Securities Act of 1933, specifically pursuant to Regulation S. It is important to note that these securities have not been registered and cannot be offered or sold in the United States without appropriate registration or an applicable exemption.
Strategic Use of Proceeds
The net proceeds from this private placement will be allocated for general corporate purposes and working capital. Key focuses include:
- Development and planning of a U.S.-based AI and semiconductor-focused precision components gigafactory.
- Expansion of AI and High-Performance Computing (HPC) infrastructure platforms, along with related technology Research and Development (R&D).
- Enhancing capital markets and corporate development activities through Chaince Securities, LLC, the Company’s U.S. broker-dealer subsidiary.
This funding is pivotal as Chaince accelerates its transition into AI-driven industrial technology, complementing the strategic manufacturing initiative that involves multi-hundred-million-dollar investments.
About Chaince Digital Holdings Inc.
Chaince Digital Holdings Inc. (Nasdaq: CD) specializes in digital finance and technology, focusing on tokenization, on-chain innovation, and providing regulated brokerage services. With subsidiaries such as Chaince Securities, LLC, a FINRA-registered broker-dealer, Chaince offers technology-enabled solutions across distributed computing, business consulting, and capital markets services.
The Company's mission is to bridge traditional financial markets with the emerging digital asset economy, establishing compliant, scalable, and institutional-grade infrastructure.
Forward-Looking Statements
This announcement contains forward-looking statements that involve various risks and uncertainties. These statements are based on current expectations and projections about future events and financial trends that may impact Chaince's operations and financial condition. Words such as “may,” “will,” “expect,” and “believe” indicate forward-looking statements.
While Chaince believes these expectations are reasonable, actual results may differ materially due to various factors. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
Contact Information
For additional inquiries, please reach out to:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: chaince@iecapitalusa.com