Chaince Digital Holdings Inc., formerly known as Mercurity Fintech Holding Inc., reported significant financial developments in its recent 10-K filing for the fiscal year ending December 31, 2025. The company generated approximately $1.87 million in revenue from its financial services and advisory businesses, marking a substantial increase of 277.93% compared to $494,025 in the previous year. This growth was primarily driven by a higher volume of advisory engagements and the expansion of its Private Investment in Public Equity (PIPE) advisory services. The gross profit for the year was reported at $1.20 million, with a gross margin of 64.31%, up from 47.45% in 2024.
The company underwent a strategic shift in its operations, discontinuing its digital asset mining activities, including Filecoin mining, as of December 2025. This decision was made to align with its long-term focus on financial services and advisory operations. The wind-down of mining operations is reflected in the financial statements as discontinued operations, with a reported loss of $2.80 million from these activities. The company also recognized a loss of $5.10 million for the year, which included losses from both continuing and discontinued operations.
Operationally, Chaince Digital Holdings has expanded its client base, serving over 20 corporate clients primarily in North America, Greater China, and Southeast Asia. The company’s workforce consisted of 13 full-time employees as of December 31, 2025, with the majority based in New York. The firm has also made efforts to enhance its organizational structure and capabilities, including hiring additional personnel to strengthen its financial reporting function and improve internal controls.
Looking ahead, Chaince Digital Holdings aims to continue its focus on expanding its financial services and advisory capabilities, with plans to grow its customer base and work towards profitability. The company has indicated that it may explore opportunities in blockchain and digital asset technologies in the future, contingent upon alignment with its strategic objectives. As of March 20, 2026, the company had a total of 79.4 million ordinary shares outstanding, with a market value of approximately $260.9 million.
About Mercurity Fintech Holding Inc.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.