Chaince Digital Holdings, a FinTech and digital asset-focused holding company formerly known as Mercurity Fintech Holding, has completed a market-priced private placement that raised gross proceeds of approximately $6.14m from an institutional investor.
Chaince operates at the intersection of digital finance, tokenisation and regulated capital markets infrastructure. Through its operating subsidiaries, the company delivers technology-enabled solutions spanning distributed computing, business consulting and brokerage services. A central part of its proposition is bridging traditional financial markets with the emerging digital asset economy using compliant, institutional-grade infrastructure.
The private placement saw the investor purchase 1,000,000 ordinary shares at a price of $6.14 per share, equal to the closing price of Chaince’s shares on the Nasdaq Stock Market on 5 December 2025. The transaction generated total gross proceeds of $6.14m before fees and expenses.
Proceeds from the offering will be used for general corporate and working capital purposes, with a significant portion allocated to strategic growth initiatives. These include the initial phase development and planning of a US-based AI and semiconductor-focused precision components gigafactory, which forms part of a recently announced strategic partnership.
Source: https://fintech.global/
