Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of operational software based on blockchain technologies and related services in the British Virgin Islands and the Asia pacific region. It provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders, blockchain-based virtual communities, and liquidity providers.; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. The company also offers a decentralized finance platform that solves retail traders' problems; cross-border payments services; and supplemental services for its platforms, such as customized software development, maintenance, and compliance support services. In addition, it provides blockchain technology services, which includes designing and developing digital asset transaction platforms, digital asset quantitative investment software, and other innovative and derivative services based on blockchain technologies; and cryptocurrency mining services that provides computing power to the mining pool. 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.
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 of 42,755,344 ordinary shares, for a period of three years commencing from November 30, 2023, at an exercise price of US$1.00 per ordinary share.
Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital's Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital's Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks
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BEIJING, Sept. 8, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. ("MFH" or the "Company") (Nasdaq: MFH), today announced that three investors, TEAO TECHNOLOGY CO.
BEIJING, Aug. 25, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Liu Hao has resigned from his positions as the Company's director, CO-CEO and Acting CFO due to personal reasons, effective on August 24, 2021.
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.
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.
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BEIJING, June 4, 2021 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Q1 2021 GAAP revenues of $81 thousand, compared to $1,392 thousand in Q1 2020.
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.