Quhuo Expands Use of Blockchain Technology to Enhance Cross-Border Business Operations

Rhea-AI Summary

Quhuo (NASDAQ: QH) announced on November 13, 2025 a strategic partnership with blockchain advisory firm Topliquidity to support Quhuo International's cross-border operations and vehicle export business. The agreement covers advisory services on blockchain technology, digital asset allocation, stablecoin-linked settlement solutions, smart contracts for trade execution, investor outreach, financing support and regulatory compliance across jurisdictions.

Quhuo said it will explore tokenizing real-world assets, stablecoin settlements where dollar access is limited, and integrate blockchain into workflows to improve settlement flexibility, transparency and global liquidity.

Insights

Strategic blockchain advisor

Quhuo partners with Topliquidity to explore blockchain and stablecoin use for cross-border vehicle export settlements.

Quhuo intends to pilot blockchain-based settlement and asset management for its overseas arm, aiming to tokenize real-world assets and link them to stablecoins to increase payment flexibility where U.S. dollar access is constrained. The engagement with Topliquidity covers advisory work across technology, digital asset allocation, regulatory compliance, and investor communication, which positions the company to design treasury and payment processes using smart contracts.

The plan rests on regulatory acceptance and operational integration; the company explicitly states it will "explore compliance frameworks" across jurisdictions, which is a required precondition for lawful stablecoin use and treasury management. Execution risks include legal/regulatory barriers, integration complexity with existing export workflows, and reliance on external advisory rather than proven internal capabilities.

Watch for concrete, monitorable milestones such as published compliance frameworks, pilot smart-contract trade settlements in Quhuo International, and any disclosed digital-asset treasury allocations; expect these to appear over the next 12–24 months as pilots and regulatory reviews progress.

BEIJING, Nov. 13, 2025 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local community-centered services in China, today announced a strategic partnership with blockchain investment and advisory firm Topliquidity Management Limited ("Topliquidity"). Under the agreement, Topliquidity will provide advisory services to Quhuo in connection with its blockchain initiatives and digital currency strategies, strengthening its global expansion.

Quhuo International, the Company's overseas division, focuses on vehicle exports. Since its inception in 2023, Quhuo International's business has grown rapidly and established strong partnerships across multiple countries. The collaboration with Topliquility is intended to provide Quhuo International with a more flexible settlement and asset management approach for its international operations.

In certain overseas multinational trade scenarios, real-world assets may be tokenized and anchored on the blockchain, enabling them to be linked with stablecoins, unlocking new financing channels to enhance transaction flexibility and security. As blockchain-based assets, stablecoins benefit from market pricing and broad liquidity, making them suitable for use in global payments and settlements. For example, in multinational operations where access to U.S. dollar reserves is limited, stablecoins can be used to facilitate payments and ensure smooth transactions.

Quhuo will actively explore compliance frameworks for blockchain technology to ensure that stablecoin payments and digital asset management operate legally and in line with regulatory requirements across different jurisdictions.

In recent years, global capital markets have shown growing interest in digitalization, blockchain, and related asset management models. As companies accelerate their international expansion, blockchain technology is emerging as a key link connecting diverse markets and resources. Quhuo believes that future competitiveness will be defined not only by business scale, but also by the ability to anticipate technological trends and apply them with agility.

TopLiquidity is a leading global investment and advisory firm in public equities and digital assets. Its team has invested and advised numerous digital asset treasury transactions in key capital markets across the globe.

Through this partnership, Topliquidity will provide Quhuo with services spanning blockchain technology, digital asset allocation and management, strategic planning, investor outreach and financing support, market communication, and regulatory compliance. Quhuo plans to establish cross-department collaboration mechanisms to seamlessly integrate blockchain technology into its existing business processes. For example, in its vehicle export business, the Company will explore the use of smart contracts in executing trade agreements, helping reduce manual labor costs and improve transaction transparency.

This marks another step in Quhuo's digital development following its earlier exploration of digitalization in the housing rental business. The initiative represents not only a technological upgrade, but also an expansion of the company's strategic vision. Leslie Yu, CEO of Quhuo, stated: "Digitalization is a key driver of long-term growth. This collaboration represents an important step in our digital strategy and a proactive move to prepare for future market dynamics. We believe that forward-looking technological adoption and prudent strategic planning will strengthen Quhuo's competitiveness in the global market and create sustainable value for our shareholders."

About Quhuo Limited

Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company") is a leading gig economy platform focusing on local life services in China. Leveraging Quhuo+, its proprietary technology infrastructure, Quhuo is dedicated to empowering and linking workers and local life service providers and providing end-to-end operation solutions for the life service market. The Company currently provides multiple industry-tailored operational solutions, primarily including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services, meeting the living needs of hundreds of millions of families in the communities.

With the vision of promoting employment, stabilizing income and empowering entrepreneurship, Quhuo explores multiple scenarios to promote employment of workers, provides, among others, safety and security and vocational training to protect workers, and helps workers plan their career development paths to realize their self-worth.

Safe Harbor Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding Quhuo's business development, financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as "expect," "anticipate," "believe," "project," "will" and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on Quhuo's current expectations and involve risks and uncertainties. Quhuo's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties related to Quhuo's abilities to (1) manage its growth and expand its operations, (2) address any or all of the risks and challenges in the future in light of its limited operating history and evolving business portfolios, (3) establish in its competitive position in the on-demand food delivery market or further diversify its solution offerings and customer portfolio, (4) maintain relationships with major customers and to find replacement customers on commercially desirable terms or in a timely manner or at all, (5) maintain relationships with existing industry customers or attract new customers, (6) attract, retain and manage workers on its platform, and (7) maintain its market shares in relation to competitors in existing markets and its success in expansion into new markets. Other risks and uncertainties are included under the caption "Risk Factors" and elsewhere in the Company's filings with the Securities and Exchange Commission, including, without limitation, the Company's latest annual report on Form 20-F. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Quhuo undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

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SOURCE Quhuo Limited

FAQ

What did Quhuo (QH) announce on November 13, 2025 about blockchain?

Quhuo announced a strategic partnership with Topliquidity to advise on blockchain initiatives, digital asset allocation and cross-border stablecoin settlement solutions.

How will Quhuo (QH) use stablecoins in its international vehicle export business?

Quhuo plans to explore using stablecoins to facilitate payments and settlements where access to U.S. dollar reserves is limited, aiming to improve transaction flexibility.

What services will Topliquidity provide to Quhuo (QH)?

Topliquidity will provide advisory services on blockchain technology, digital asset management, smart contract use, investor outreach, financing support and compliance planning.

Will Quhuo (QH) tokenize real-world assets for cross-border trade?

Quhuo said it will explore tokenizing real-world assets and anchoring them on blockchain to link with stablecoins for financing and settlement use cases.

Does the Quhuo (QH) announcement include regulatory or compliance plans for digital assets?

Yes; Quhuo stated it will actively explore compliance frameworks to ensure stablecoin payments and digital asset management align with legal requirements across jurisdictions.

Will Quhuo (QH) implement smart contracts in trade execution and when?

Quhuo plans to explore using smart contracts to execute trade agreements to reduce manual costs and increase transparency; no specific implementation date was provided.