Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of digital asset infrastructure solutions based on blockchain technologies in the British Virgin Islands and the Asia pacific region. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for traders, communities, and liquidity providers; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets that include fiat currencies, bonds, and precious metals. It also offers a decentralized finance platform that solves retail traders' problems; cross-border payments services through NBpay; and supplemental services for its platforms, such as customized software development, maintenance, and compliance support services. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2015
Exchange: NASDAQ
Website: mercurity.com
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Shenzhen, China, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, today announced that its Board of Directors (the "Board") has appointed Alan Curtis, Daniel Kelly Kennedy, Zheng Cui, Qian Sun and Hui Cheng as new directors of the Company effective as of October 9, 2022, among whom Alan Curtis, Zheng Cui and Hui Cheng are deemed independent under Nasdaq Rule 5605(a)(2). "We are pleased to welcome Alan, Daniel, Zheng, Qian and Hui as new directors to the Board at this important time. We are confident they will bring a wealth of knowledge and experience that further strengthe
BEIJING, Aug. 19, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (NASDAQ:MFH) today announced that Miss Xiaoyu Li has resigned from her position of the Company's Board of Directors due to personal reasons, effective August 18, 2021. Miss. Alva Zhou, the Chairperson and Co-Chief Executive Officer, commented: "On behalf of the Board of Directors and our management team, I would like to express our sincere gratitude to Miss Li for all her contributions to the Company." Mr. Liu Hao, the Co-Chief Executive Officer and the Director of the Board, commented: "On behalf of the Board and management team, I would like to thank Miss Li for her contributions to the Company
BEIJING, July 7, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (NASDAQ:MFH) today announced that Mr. Longming Wu has resigned from his position of the Company's Board of Directors due to personal reasons, effective July 7, 2021. Miss. Alva Zhou, the Chairperson and Co-Chief Executive Officer, commented: "On behalf of the Board of Directors and our management team, I would like to express our sincere gratitude to Mr. Wu for all his contributions to the Company." Mr. Liu Hao, the Co-Chief Executive Officer and the Director of the Board, commented: "On behalf of the Board and management team, I would like to thank Mr. Wu for his valuable services and contributio
BEIJING, April 30, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (NASDAQ:MFH) today announced that its Board of Directors (the "Board") has appointed Mr. Hao Liu as co-Chief Executive Officer, effective on May 1, 2021. Mr. Liu is currently a Director of the Board. He is also the founder and President of Columbus Fintech LTD, one of the world's leading financial data technology companies, and co-Founder and CEO of Jeethen Capital. He has pioneered the integration of artificial intelligence technology and quantitative trading, and his financial algorithm cloud service has served over 150 related listed companies and securities firms. Mr. Liu is also a leader in t
BEIJING, January 11, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company") (Nasdaq: MFH) today announced that it will hold its extraordinary general meeting of shareholders at Room 536, 5th Floor, Building No.1, No. 35 Shangdi East Road, Haidian District, Beijing, People's Republic of China on February 5, 2021 at 10:00 a.m. (local time). The Board of Directors of the Company has fixed the close of business on January 12, 2021 (Eastern Standard Time) as the record date for determining the shareholders entitled to receive notice of the extraordinary general meeting or any adjournment or postponement thereof. Holders of record of the Company's ordinary shares at the close of bu
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New York, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. ("Mercurity Fintech," "the Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group, today announced that its wholly owned subsidiary, Chaince Securities Inc. ("Chaince Securities"), has received approval from the Financial Industry Regulatory Authority ("FINRA") for the change in ownership of J.V. Delaney & Associates ("JVDA"), a fully licensed broker-dealer established in 1982.This approval was granted pursuant to a continuing membership application under FINRA Rule 1017. This decision authorizes the next steps in finalizing Chaince Securities' acquisition of 100% ownership of J.V. D
New York, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. ("Mercurity Fintech," "the Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group, today announced that its CEO, Shi Qiu, recently participated in the 4th Annual Nasdaq Small-Cap Forum. This virtual event brought together leaders from across the financial landscape to share insights on the most topical issues faced by small-cap companies in 2025. Reflecting on the forum's discussions, Qiu remarked that Mercurity Fintech's participation in events like the Nasdaq Small-Cap Forum provides valuable perspectives that align with its strategic growth plans. "Our participation in
New York, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity ("PIPE") offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross Proceeds"), prior to the deduction of fees and offering expenses payable by the Company. The warrants are exercisable to purchase up to a total o
New York, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a leading digital fintech group empowered by blockchain technology, today announced that its wholly-owned subsidiary, Ucon Capital ("Ucon"), has been honored with the approval to join the esteemed "Cyberport", an innovative digital community managed by Hong Kong Cyberport Management Company Limited. This approval is a significant acknowledgment of MFH and Ucon's capabilities and expertise, marking a critical milestone in the Company's strategic vision. Ucon, as part of the MFH group, aims to offer comprehensive digital asset management servic
New York, May 03, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, today announced that Chaince Securities, Inc., the financial services subsidiary of MFH entered into a Purchase and Sale Agreement for the acquisition of all assets and liabilities of J.V. Delaney & Associates ("JVDA"), an investment advisory firm and fully licensed broker dealer established in 1982. The addition of JVDA will serve as the cornerstone of Mercurity Fintech's plans to incorporate a diverse range of digital and traditional business offerings through its new financial services ent
NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, today announced its financial results for the twelve months concluded on December 31, 2022. Despite challenging market conditions, MFH has made remarkable strides in both its financial performance and business operation. This includes expanding revenue streams, minimizing company losses, enhancing liquidity, and optimizing business operations by adopting a global structure headquartered in the United States and diversifying the board structure. These measures have collectively fortified the C
New York, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, announced that it has entered into a Securities Purchase Agreement ("SPA") with a non-U.S. investor (the "Purchaser"). Pursuant to the SPA dated January 31, 2023, the Company issued the Purchaser an Unsecured Convertible Promissory Note (the "Note") with a face value of $9 million (the "Proceeds") upon receiving the Proceeds from the Purchaser on February 2, 2023. After deducting fees and expenses of attorneys, accountants, consultants, and financial advisors, the Company intends to use n
New York, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, announced today that the Board of Directors of the Company (the "Board") approved to reverse the decision on the ADR Ratio Change (as defined below) and maintain the current ADR to ordinary share ratio at 1-to-360 until the cancellation of the ADR facility. Previously, the Board approved the proposals of the share consolidation to the authorized share capital (the "Share Consolidation") at a ratio of one (1)-for-four hundred (400), with the par value of each ordinary share changed to US$0.004
New York, NY, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, today announced that, on December 29, 2022, the Company's Board of Directors (the "Board") has approved to proceed with: 1) the share consolidation and simultaneous change of the ADR ratio; 2) the transfer of the register of members of the Company; and 3) the termination of the deposit agreement. The Share Consolidation and Change of the ADR ratio The Board approved the proposal on the share consolidation to the authorized share capital (the "Share Consolidation") at a ratio of
NEW YORK, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (NASDAQ:MFH), a digital fintech group powered by blockchain technology, today announced its unaudited financial results for the six months ended June 30, 2022. First Half 2022 Financial and Operating Highlights GAAP revenue - First half 2022 GAAP revenues of USD$783,089, compared to revenues of USD$5,864 in first half 2021, reflecting an increase of 13254.18% in GAAP revenue and demonstrating the Company's enhanced profitability and diversified revenue stream in the six months ended June 30, 2022.GAAP gross loss - First half 2022 GAAP gross loss
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