Mercurity Fintech, M2M Capital And Chaince Pursue Strategic Collaboration On AI-Blockchain

(RTTNews) - Mercurity Fintech Holding Inc. (MFH) announced on Tuesday that it has signed a non-binding MOU with M2M Capital and its unit, Chaince Securities, to investigate creating a complete platform for tokenization, secondary market liquidity, and real-time asset valuation in private markets.

The partnership would integrate Chaince's regulated execution capabilities, the company's on-chain infrastructure, and M2M's AI-powered valuation engine.

The companies intend to onboard issuers over the course of the following year after starting a pilot project to integrate M2M's technology into MFH's system.

MFH is currently trading at $10.49, down $1.31 or 11.05 percent on the Nasdaq.