STOCK TITAN

Mercurity Fintech's Chaince Securities Appointed as Strategic Advisor for Classover's Solana-Focused Treasury Strategy

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Positive)
Tags
management

Mercurity Fintech Holding's (MFH) subsidiary Chaince Securities has been appointed as the strategic digital asset advisor for Classover Holdings (KIDZ). The partnership focuses on guiding Classover's new Solana-based treasury initiative, where the company plans to allocate significant funds to acquiring, staking, and holding Solana (SOL) tokens as a corporate reserve asset.

Chaince Securities will provide comprehensive services including structuring the SOL-based treasury framework, supporting validator node operations, advising on risk management, and evaluating strategic blockchain partnerships. This appointment represents a significant step in institutional blockchain adoption and strengthens MFH's position in providing digital asset services to corporate clients.

La controllata di Mercurity Fintech Holding (MFH), Chaince Securities, è stata nominata consulente strategico per le risorse digitali di Classover Holdings (KIDZ). La collaborazione si concentra nel supportare la nuova iniziativa di tesoreria basata su Solana di Classover, dove l'azienda prevede di destinare fondi significativi all'acquisto, allo staking e alla detenzione di token Solana (SOL) come riserva aziendale.

Chaince Securities fornirà servizi completi, inclusa la strutturazione del framework di tesoreria basato su SOL, il supporto alle operazioni dei nodi validatori, la consulenza sulla gestione del rischio e la valutazione di partnership strategiche nel settore blockchain. Questa nomina rappresenta un passo importante nell'adozione istituzionale della blockchain e rafforza la posizione di MFH nell'offrire servizi di asset digitali ai clienti aziendali.

La filial de Mercurity Fintech Holding (MFH), Chaince Securities, ha sido designada como asesora estratégica de activos digitales para Classover Holdings (KIDZ). La asociación se centra en guiar la nueva iniciativa de tesorería basada en Solana de Classover, donde la compañía planea asignar fondos significativos para adquirir, hacer staking y mantener tokens Solana (SOL) como reserva corporativa.

Chaince Securities ofrecerá servicios integrales que incluyen la estructuración del marco de tesorería basado en SOL, el apoyo en operaciones de nodos validadores, asesoría en gestión de riesgos y evaluación de alianzas estratégicas en blockchain. Este nombramiento representa un paso importante en la adopción institucional de blockchain y fortalece la posición de MFH en la provisión de servicios de activos digitales a clientes corporativos.

Mercurity Fintech Holding(MFH)의 자회사Chaince SecuritiesClassover Holdings(KIDZ)의 전략적 디지털 자산 자문사로 선정되었습니다. 이번 파트너십은 Classover의 새로운 Solana 기반 재무 이니셔티브를 지원하는 데 중점을 두고 있으며, 회사는 기업 준비 자산으로 Solana(SOL) 토큰을 대규모로 매입, 스테이킹 및 보유할 계획입니다.

Chaince Securities는 SOL 기반 재무 프레임워크 구조화, 검증자 노드 운영 지원, 리스크 관리 자문, 전략적 블록체인 파트너십 평가 등 종합적인 서비스를 제공할 예정입니다. 이번 임명은 기관 차원의 블록체인 도입에 중요한 진전이며, MFH가 기업 고객에게 디지털 자산 서비스를 제공하는 데 있어 입지를 강화하는 계기가 될 것입니다.

La filiale de Mercurity Fintech Holding (MFH), Chaince Securities, a été désignée comme conseiller stratégique en actifs numériques pour Classover Holdings (KIDZ). Ce partenariat se concentre sur l'accompagnement de la nouvelle initiative de trésorerie basée sur Solana de Classover, où la société prévoit d'allouer des fonds importants à l'acquisition, au staking et à la détention de tokens Solana (SOL) en tant qu'actif de réserve d'entreprise.

Chaince Securities fournira des services complets incluant la structuration du cadre de trésorerie basé sur SOL, le soutien aux opérations des nœuds validateurs, le conseil en gestion des risques et l'évaluation des partenariats stratégiques en blockchain. Cette nomination représente une étape importante dans l'adoption institutionnelle de la blockchain et renforce la position de MFH dans la fourniture de services d'actifs numériques aux clients corporatifs.

Die Tochtergesellschaft von Mercurity Fintech Holding (MFH), Chaince Securities, wurde zum strategischen Berater für digitale Vermögenswerte von Classover Holdings (KIDZ) ernannt. Die Partnerschaft konzentriert sich darauf, Classovers neue Solana-basierte Treasury-Initiative zu begleiten, bei der das Unternehmen plant, beträchtliche Mittel für den Erwerb, das Staking und das Halten von Solana (SOL)-Token als Unternehmensreservevermögen bereitzustellen.

Chaince Securities wird umfassende Dienstleistungen anbieten, darunter die Strukturierung des SOL-basierten Treasury-Rahmens, Unterstützung beim Betrieb von Validator-Knoten, Beratung im Risikomanagement sowie die Bewertung strategischer Blockchain-Partnerschaften. Diese Ernennung stellt einen bedeutenden Schritt in der institutionellen Blockchain-Adoption dar und stärkt die Position von MFH bei der Bereitstellung digitaler Vermögenswerte für Unternehmenskunden.

Positive
  • Strategic partnership with Classover expands MFH's institutional client base
  • Demonstrates market validation for MFH's digital asset advisory services
  • Positions MFH as a leader in corporate blockchain strategy consulting
  • New revenue stream through comprehensive digital asset advisory services
Negative
  • Success depends on volatile crypto market conditions and Solana's performance
  • Regulatory uncertainties in crypto advisory services could impact operations

New York, NY, May 01, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced that Classover Holdings Inc. (Nasdaq: KIDZ, KIDZW) has appointed its wholly owned subsidiary, Chaince Securities, LLC ("Chaince Securities"), as strategic digital asset advisor to guide Classover's new Solana-based (SOL) treasury initiative.

Classover, a leader in live, interactive online learning, plans to allocate a significant portion of the proceeds toward acquiring, staking, and holding Solana (SOL) tokens as a core corporate reserve asset. The Company also intends to operate SOL validator nodes, reinforcing its commitment to decentralized infrastructure and blockchain integration.

As Classover’s strategic advisor, Chaince Securities will provide comprehensive digital asset services, including:

  • Structuring and deploying the Company’s SOL-based treasury framework
  • Supporting validator node operations to optimize staking rewards
  • Advising on risk management and best practices for digital asset portfolio governance
  • Evaluating strategic blockchain partnerships and long-term growth opportunities

Wilfred Daye, Chief Strategy Officer of MFH and CEO of Chaince Securities, LLC, commented, "Classover's adoption of Solana as a treasury reserve asset sets a new standard for corporate blockchain strategy. We are proud to partner with Classover on this landmark initiative and help position them at the forefront of institutional blockchain adoption. For Chaince, this partnership proves what we've been saying all along - traditional companies are ready for crypto treasury strategies when done right. And frankly, this could not come at a better time for MFH as we expand our institutional services. Each corporate client like Classover helps us refine our playbook and strengthens our reputation as the go-to team for companies making their first serious move into digital assets."

Stephanie Luo, Chief Executive Officer of Classover, added"At Classover, innovation is at the core of everything we do — whether in education or corporate finance. By anchoring our treasury in Solana, we embrace technology that enhances our agility and future-proofs our balance sheet. We believe this strategy strengthens our financial foundation and positions Classover as a pioneer in blockchain integration among publicly traded companies, creating meaningful long-term value for our shareholders."

About Mercurity Fintech Holding Inc.

Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries specializing in distributed computing and digital consultation across North America and the Asia-Pacific region. Our focus is on delivering innovative financial solutions while adhering to principles of compliance, professionalism, and operational efficiency. Our aim is to contribute to the evolution of digital finance by providing secure and innovative financial services to individuals and businesses. And our dedication to compliance, professionalism, and operational excellence ensures that we remain a trusted partner in the rapidly transforming financial landscape.

For more information, please visit the Company’s website at https://mercurityfintech.com/.

About Chaince Securities, LLC

Chaince Securities, LLC (CRD #10590) is a FINRA-registered broker-dealer founded in 1982 and based in New York City. We specialize in equity capital markets, investment banking, asset management, and innovative financial solutions. With decades of institutional experience, Chaince is dedicated to building long-term relationships and delivering tailored strategies to meet the unique goals of each client. We combine traditional expertise with a forward-looking approach to support growth across dynamic sectors including digital assets and AI-driven markets.

About Classover

Founded in 2020 and headquartered in New York, Classover has rapidly emerged as a leader in educational technology, specializing in live online courses for K-12 students worldwide. Offering a diverse curriculum tailored to different learning levels and interests, Classover empowers students through personalized instruction, innovative course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to redefining education through accessible, high-quality learning experiences.

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.

Contacts:

International Elite Capital Inc.
Vicky Chueng
Tel: +1(646) 866-7928
Email: mfhfintech@iecapitalusa.com 

Chaince Securities, LLC
Email: Info@chaincesecurities.com 

Classover Holdings Inc.
Email: ir@classover.com
Tel: 800-345-9588 



FAQ

What services will MFH's Chaince Securities provide to Classover (KIDZ)?

Chaince Securities will provide comprehensive digital asset services including structuring SOL-based treasury framework, supporting validator node operations, advising on risk management, and evaluating strategic blockchain partnerships.

How does this partnership affect Mercurity Fintech (MFH) stock?

The partnership strengthens MFH's position in the digital asset advisory space, expands their institutional client base, and creates a new revenue stream through comprehensive advisory services.

What is Classover's (KIDZ) plan for Solana tokens?

Classover plans to allocate significant funds to acquiring, staking, and holding Solana (SOL) tokens as a corporate reserve asset, as well as operate SOL validator nodes.

Who are the key executives involved in the MFH-Classover partnership?

Wilfred Daye, Chief Strategy Officer of MFH and CEO of Chaince Securities, and Stephanie Luo, Chief Executive Officer of Classover, are the key executives leading this initiative.
Mercurity Fintech Holding Inc

NASDAQ:MFH

MFH Rankings

MFH Latest News

MFH Stock Data

267.48M
19.39M
72.79%
1.27%
0.78%
Information Technology Services
Technology
Link
United States
New York