Former Fenbushi Capital Executive Peter Yang Joins Chaince Digital as Head of Digital Assets to Spearhead Tokenization Expansion

Rhea-AI Summary

Chaince Digital (Nasdaq: CD) appointed Peter Yang as Head of Digital Assets on March 26, 2026, to lead tokenization, institutional partnerships, corporate development, strategic investments and acquisitions.

The hire aligns with Chaince Digital's collaboration with Apex Group to expand institutional-grade tokenization for Nasdaq-listed securities and other initiatives.

Positive

• Appointment of Peter Yang as Head of Digital Assets (Mar 26, 2026)
• Collaboration with Apex Group to advance institutional tokenization solutions

Negative

• Newly created role concentrates tokenization strategy execution risk
• Mandate includes M&A and investments, which could complicate near-term integration

Market Reality Check

Price: $4.04 Vol: Volume 86,674 is about 41...

low vol

$4.04 Last Close

Volume Volume 86,674 is about 41% of the 20-day average (212,623), indicating subdued trading activity. low

Technical Shares at $4.04 are trading below the 200-day MA of $5.95 and sit at the 52-week low.

Peers on Argus

No peers appeared in the momentum scan and no same-day peer headlines were flagg...

No peers appeared in the momentum scan and no same-day peer headlines were flagged, suggesting the move in CD is stock-specific rather than sector-driven.

Historical Context

5 past events · Latest: Mar 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 18	Strategic engagement	Positive	-6.9%	Recap of Argentina Week 2026 and vision for tokenized mineral assets.
Feb 18	Ownership update	Positive	-0.2%	Report of four growth quarters and over 100 institutional holders.
Dec 16	Brand sponsorship	Neutral	-2.9%	Sponsorship of Wellball VIP League event to build community awareness.
Dec 15	Private placement	Negative	-10.2%	US$6.14M market-priced private placement with use of proceeds for growth.
Dec 12	AI projects	Positive	-5.0%	Announcement of coordinated AI-compute projects targeting multi-gigawatt capacity.

Pattern Detected

Recent history shows CD often trading lower on generally positive or strategic news, while reacting in line with negative financing headlines.

Recent Company History

Over the past few months, Chaince Digital has highlighted strategic and capital markets developments, including a Dec 15, 2025 private placement raising about US$6.14M and a separate 8-K equity sale disclosed later. The company has promoted its role in tokenized mineral assets and community branding events, while also reporting growth in institutional holders. Despite these updates, several news days saw negative price reactions, underscoring a pattern of weakness around both strategic and financing disclosures relative to headlines.

Market Pulse Summary

This announcement highlights Chaince Digital’s effort to strengthen execution around its tokenizatio...

Analysis

This announcement highlights Chaince Digital’s effort to strengthen execution around its tokenization and institutional digital asset strategy by appointing a Head of Digital Assets with blockchain venture and finance experience. It follows recent strategic and financing developments, including tokenization initiatives and equity raises. Investors may track how this hire translates into concrete institutional partnerships, platform adoption, and measurable growth in tokenized asset activity from levels around $4.04 per share.

Key Terms

digital asset infrastructure, tokenization, blockchain technology, venture capital, +1 more

5 terms

digital asset infrastructure technical

"a digital asset infrastructure and financial services platform bridging tradit"

Digital asset infrastructure is the collection of systems and services that let people create, store, trade and record ownership of digital tokens or cryptocurrencies — think of it as the roads, locks and registration offices for online value. Investors care because the strength, security and rules of that underlying setup affect how easy, safe and legal it is to buy, sell or hold digital assets, which in turn influences risk, liquidity and value.

tokenization technical

"a primary focus on expanding its tokenization platform and institutional part"

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

blockchain technology technical

"bridging traditional capital markets with blockchain technology, today announ"

A blockchain is a shared digital ledger that records transactions across many computers so entries are visible to participants and hard to change. Think of it like a Google Doc that everyone can see and verify but cannot secretly edit, creating a permanent chain of time-stamped records. Investors watch blockchain because it can reduce fraud and middlemen, enable new digital assets and services, and materially affect company costs, revenue models and regulatory risk.

venture capital financial

"experience spanning blockchain venture capital, ecosystem development, and in"

Venture capital is money provided by specialized investors to young, high-growth companies in exchange for ownership stakes and often a role in shaping strategy — like planting seeds and helping them grow into trees. It matters to investors because venture funding can rapidly boost a startup’s resources, valuation and chances of success, but it also brings high risk and limited liquidity, affecting future returns and how shares behave at exits such as sales or public offerings.

credit risk financial

"held positions in credit risk and financial modeling at MUFG Union Bank, whe"

Credit risk is the chance that a borrower or debt issuer will fail to make agreed interest or principal payments, leaving lenders or bondholders with reduced or lost money. For investors it matters because higher credit risk usually means higher expected returns to compensate for that danger, greater chance of losses or sudden drops in market value, and more scrutiny of ratings and cash-flow strength—like lending a friend money and weighing the odds they'll pay you back.

AI-generated analysis. Not financial advice.

Appointment Strengthens Leadership Team as Chaince Digital Accelerates Institutional Digital Asset Infrastructure and Tokenization Strategy

New York, NY, March 26, 2026 (GLOBE NEWSWIRE) -- Chaince Digital Holdings Inc. (“Chaince Digital” or the “Company”) (Nasdaq: CD) (formerly Mercurity Fintech Holding Inc.), a digital asset infrastructure and financial services platform bridging traditional capital markets with blockchain technology, today announced the appointment of Peter Yang as Head of Digital Assets.

In this newly created role, Mr. Yang will oversee the Company’s digital asset strategy, with a primary focus on expanding its tokenization platform and institutional partnerships. He will lead corporate development initiatives, strategic investments and acquisitions, and ecosystem growth across the Company’s digital asset and tokenization infrastructure.

Mr. Yang’s appointment comes as Chaince Digital continues to build momentum in the tokenization space. The Company recently announced a strategic collaboration with Apex Group, a leading digital securities infrastructure provider, to advance institutional-grade tokenization solutions in connection with Nasdaq-listed securities and emerging tokenization initiatives. Mr. Yang’s mandate will include driving the commercial development and market adoption of these capabilities, as well as identifying new opportunities to expand the Company’s crypto and digital asset service offerings.

Mr. Yang brings over a decade of experience spanning blockchain venture capital, ecosystem development, and institutional finance. Most recently, he served as Head of Business Development at Scroll Foundation, where he worked with Scroll native builders and supported ecosystem growth. Previously, he was a Partner at 4Ward, an early-stage venture firm focused on disruptive blockchain startups.

Prior to that, Mr. Yang served as Managing Director at Fenbushi Capital, one of the world’s earliest and most prominent venture capital firms focused on blockchain technology. At Fenbushi, he sourced investments in U.S.-based blockchain startups and worked closely with portfolio companies on strategic development and growth.

Earlier in his career, Mr. Yang held positions in credit risk and financial modeling at MUFG Union Bank, where he focused on wholesale credit risk modeling, regulatory capital frameworks, and financial analytics - experience that provides a strong foundation for bridging traditional and digital financial markets.

“Peter is a rare combination of institutional finance rigor and deep blockchain ecosystem expertise,” said Wilfred Daye, Chief Strategy Officer of Chaince Digital. “As we scale our tokenization platform and deepen our collaboration with companies like Apex Group, Peter’s leadership will be instrumental in accelerating our corporate development strategy and expanding our global institutional footprint.”

Mr. Yang commented, “I am excited to join Chaince Digital at such a pivotal moment for the digital asset industry. The Company’s tokenization infrastructure, combined with its collaboration with Apex Group and other tokenization initiatives, positions it at the forefront of institutional blockchain adoption. I look forward to helping expand the platform and unlocking new opportunities for institutional clients.”

Mr. Yang holds a Bachelor of Business Administration in Risk Management and Insurance and a Bachelor of Science in Statistics from the Terry College of Business at the University of Georgia.

About Chaince Digital Holdings Inc.

“Chaince Digital Brings Finance On-Chain.”

Chaince Digital Holdings Inc. (Nasdaq: CD) (formerly Mercurity Fintech Holding Inc.) is a digital finance and technology company focused on tokenization, on-chain innovation and regulated brokerage services. Through its subsidiaries, including Chaince Securities, LLC, a FINRA-registered broker-dealer, and AI/HPC infrastructure platforms, Chaince Digital provides technology-enabled solutions across distributed computing, business consulting and capital-markets services. The Company aims to bridge traditional financial markets with the emerging digital-asset economy through compliant, scalable and institutional-grade infrastructure.

For more information, please visit www.chaincedigital.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.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: chaince@iecapitalusa.com

FAQ

Who is Peter Yang and what role did Chaince Digital (CD) announce on March 26, 2026?

Peter Yang was named Head of Digital Assets at Chaince Digital to lead tokenization and institutional partnerships. According to Chaince Digital, he will oversee corporate development, strategic investments, acquisitions, and ecosystem growth across the company’s digital asset infrastructure.

How will Peter Yang’s appointment affect Chaince Digital’s (CD) tokenization platform rollout?

The appointment is intended to accelerate commercial adoption of tokenization and institutional engagement. According to Chaince Digital, Yang will drive market adoption, partner integrations, and business development tied to the company's tokenization infrastructure and Apex collaboration.

What experience does Peter Yang bring to Chaince Digital (CD) for digital asset strategy?

Yang brings over a decade of blockchain venture capital and institutional finance experience, including roles at Fenbushi Capital and Scroll Foundation. According to Chaince Digital, his background spans ecosystem development, venture investing, and wholesale credit risk modeling.

What is the scope of responsibilities for the new Head of Digital Assets at Chaince Digital (CD)?

Responsibilities include expanding the tokenization platform, building institutional partnerships, and leading corporate development and acquisitions. According to Chaince Digital, the role covers strategic investments, ecosystem growth, and commercialization of tokenization capabilities.

How does Chaince Digital (CD) link its Apex Group collaboration with the new hire?

The company connects the Apex Group collaboration to its institutional tokenization roadmap and commercial objectives. According to Chaince Digital, Yang’s mandate explicitly includes advancing Apex-related tokenization initiatives and driving related market adoption.