Mercurity Fintech Subsidiary Chaince Securities, LLC Receives FINRA Approval for Continuing Membership Application (CMA)
Mercurity Fintech Holding Inc. (MFH) announced that its wholly owned subsidiary, Chaince Securities, , has received FINRA approval for its Continuing Membership Application (CMA). This strategic milestone follows an intensive regulatory review and enhances the firm's operational capabilities as a broker-dealer.
The approval enables Chaince Securities to offer comprehensive financial services, including:
- Corporate equity securities brokerage
- Underwriting and best-effort offerings
- U.S. government securities brokerage
- Private placements of securities
CEO Shi Qiu highlighted the company's investment in compliance frameworks and team building, while Chaince Securities CEO Wilfred Daye emphasized their commitment to shaping finance's future. The firm plans to focus on providing capital-raising solutions to micro and small-cap companies across various industries.
Mercurity Fintech Holding Inc. (MFH) ha annunciato che la sua controllata interamente posseduta, Chaince Securities, ha ricevuto l'approvazione della FINRA per la sua Domanda di Membro Continuo (CMA). Questo traguardo strategico segue un'intensa revisione normativa e migliora le capacità operative dell'azienda come broker-dealer.
L'approvazione consente a Chaince Securities di offrire servizi finanziari completi, tra cui:
- Intermediazione di titoli azionari aziendali
- Emissioni e offerte a miglior sforzo
- Intermediazione di titoli del governo degli Stati Uniti
- Collocamenti privati di titoli
Il CEO Shi Qiu ha sottolineato l'investimento dell'azienda nei quadri di conformità e nel team building, mentre il CEO di Chaince Securities, Wilfred Daye, ha enfatizzato il loro impegno nel plasmare il futuro della finanza. L'azienda prevede di concentrarsi sulla fornitura di soluzioni per la raccolta di capitali per micro e piccole imprese in vari settori.
Mercurity Fintech Holding Inc. (MFH) anunció que su subsidiaria de propiedad total, Chaince Securities, ha recibido la aprobación de la FINRA para su Solicitud de Membresía Continua (CMA). Este hito estratégico sigue a una intensa revisión regulatoria y mejora las capacidades operativas de la firma como corredor-dealer.
La aprobación permite a Chaince Securities ofrecer servicios financieros integrales, que incluyen:
- Corretaje de valores de capital corporativo
- Suscripciones y ofertas a mejor esfuerzo
- Corretaje de valores del gobierno de EE. UU.
- Colocaciones privadas de valores
El CEO Shi Qiu destacó la inversión de la compañía en marcos de cumplimiento y construcción de equipos, mientras que el CEO de Chaince Securities, Wilfred Daye, enfatizó su compromiso con la formación del futuro de las finanzas. La firma planea centrarse en proporcionar soluciones de recaudación de capital para empresas micro y de pequeña capitalización en diversas industrias.
Mercurity Fintech Holding Inc. (MFH)는 전액 출자 자회사인 Chaince Securities가 FINRA의 지속 회원 신청서(CMA)에 대한 승인을 받았다고 발표했습니다. 이 전략적 이정표는 집중적인 규제 검토를 거친 후에 이루어졌으며, 회사의 중개인-딜러로서의 운영 능력을 향상시킵니다.
이 승인은 Chaince Securities가 다음과 같은 포괄적인 금융 서비스를 제공할 수 있도록 합니다:
- 기업 주식 증권 중개
- 언더라이팅 및 최선의 노력 제공
- 미국 정부 증권 중개
- 증권의 사모 배치
CEO Shi Qiu는 회사의 준수 프레임워크 및 팀 빌딩에 대한 투자를 강조했으며, Chaince Securities의 CEO Wilfred Daye는 금융의 미래를 형성하기 위한 그들의 헌신을 강조했습니다. 이 회사는 다양한 산업의 마이크로 및 소형 기업에 자본 조달 솔루션을 제공하는 데 집중할 계획입니다.
Mercurity Fintech Holding Inc. (MFH) a annoncé que sa filiale entièrement détenue, Chaince Securities, a reçu l'approbation de la FINRA pour sa Demande de Membre Continu (CMA). Ce jalon stratégique fait suite à un examen réglementaire intensif et améliore les capacités opérationnelles de l'entreprise en tant que courtier-négociant.
L'approbation permet à Chaince Securities d'offrir des services financiers complets, notamment :
- Intermédiation de titres de participation d'entreprise
- Souscription et offres à meilleur effort
- Intermédiation de titres du gouvernement américain
- Placements privés de titres
Le PDG Shi Qiu a souligné l'investissement de l'entreprise dans des cadres de conformité et la constitution d'équipes, tandis que le PDG de Chaince Securities, Wilfred Daye, a souligné leur engagement à façonner l'avenir de la finance. L'entreprise prévoit de se concentrer sur la fourniture de solutions de levée de fonds pour les entreprises de micro et de petite capitalisation dans divers secteurs.
Mercurity Fintech Holding Inc. (MFH) hat angekündigt, dass ihre hundertprozentige Tochtergesellschaft, Chaince Securities, die Genehmigung der FINRA für ihren Antrag auf Fortsetzung der Mitgliedschaft (CMA) erhalten hat. Dieser strategische Meilenstein folgt einer intensiven regulatorischen Überprüfung und verbessert die operativen Fähigkeiten des Unternehmens als Broker-Dealer.
Die Genehmigung ermöglicht es Chaince Securities, umfassende Finanzdienstleistungen anzubieten, darunter:
- Brokerage von Unternehmensaktien
- Underwriting und Best-Effort-Angebote
- Brokerage von US-Regierungsanleihen
- Private Platzierungen von Wertpapieren
CEO Shi Qiu hob die Investitionen des Unternehmens in Compliance-Rahmenbedingungen und Teambildung hervor, während der CEO von Chaince Securities, Wilfred Daye, ihr Engagement für die Gestaltung der Zukunft der Finanzen betonte. Das Unternehmen plant, sich auf die Bereitstellung von Lösungen zur Kapitalbeschaffung für Mikro- und Small-Cap-Unternehmen in verschiedenen Branchen zu konzentrieren.
- FINRA approval expands operational capabilities and service offerings
- Authorization to provide comprehensive broker-dealer services including underwriting
- Strategic positioning to serve micro and small-cap companies
- None.
Insights
The FINRA CMA approval for Mercurity Fintech's Chaince Securities represents a significant regulatory milestone that substantially expands the firm's operational capabilities in the U.S. financial markets. This approval specifically enables MFH to offer four critical services: corporate equity securities brokerage, underwriting services, government securities brokerage, and private placements.
This development dramatically enhes the company's revenue potential by allowing entry into higher-margin financial services beyond their current operations. For a company with a modest
Particularly valuable is the authorization to facilitate private placements and underwriting services, which can generate substantial fee income. The strategic focus on micro and small-cap companies is shrewd positioning - this underserved market segment often struggles to secure investment banking services from larger firms, creating a viable niche for MFH to exploit.
While the immediate financial impact remains to be demonstrated, this regulatory clearance removes a critical barrier to growth in regulated financial services. The approval also signals regulatory confidence in the firm's compliance infrastructure and leadership team, an essential intangible asset in the highly regulated financial services industry.
Strategic Milestone Strengthens Company's Position in Investment Banking and Securities Markets
New York, March 21, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced its wholly owned subsidiary, Chaince Securities, LLC ("Chaince Securities") (formerly known as JV Delaney & Associates) has successfully received approval for its Continuing Membership Application ("CMA") from the Financial Industry Regulatory Authority ("FINRA").
This milestone approval, coming after an intensive regulatory review, marks a turning point in Chaince Securities' evolution. It strengthens the firm's position as a trusted broker-dealer that puts integrity and exceptional client service at the heart of every transaction and relationship.
"This approval is a major step forward for our growth strategy," said Shi Qiu, CEO of Mercurity Fintech Holding Inc. "We've invested considerable resources in developing compliance frameworks and assembling an exceptional team of industry veterans."
Wilfred Daye, CEO of Chaince Securities, added, “We are very excited about this achievement. Leveraging my previous experience across the financial sector and innovative fintech space, as CEO of Chaince, I am committed to shaping the future of finance at a moment when innovation and tradition are creating powerful new synergies.”
Specifically, the FINRA approval enhances Chaince Securities' operational capabilities and ability to offer a comprehensive suite of financial services, including:
- Corporate equity securities brokerage
- Underwriting and best-effort offerings
- U.S. government securities brokerage
- Private placements of securities
Looking ahead, Chaince Securities plans to leverage this approval to provide strategic capital-raising solutions to micro and small-cap companies across diverse industries to further expand its market presence and client service capabilities.
About Mercurity Fintech Holding Inc.
Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries specializing in distributed computing and financial brokerage business. In addition to our fintech operations, we are actively contributing to the evolution of AI hardware technology by providing secure, cutting-edge solutions in intelligent manufacturing and advanced liquid cooling systems. Our dedication to compliance, innovation, and operational excellence ensures that we remain a trusted partner in both the rapidly transforming digital financial landscape and the dynamic AI technology sector. For more information, please visit the Company’s website at https://mercurityfintech.com.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For more information, please contact:
International Elite Capital Inc.
Vicky Chueng
Tel: +1(646) 866-7989
Email: mfhfintech@iecapitalusa.com
FAQ
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