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Mercurity Fintech Announces Uplisting from the Nasdaq Capital Market to the Nasdaq Global Market
Globenewswireยท 2025-10-09 13:00
Core Viewpoint - Mercurity Fintech Holding Inc. has received approval to transfer its listing from the Nasdaq Capital Market to the Nasdaq Global Market, indicating the company's growth and compliance with higher financial and corporate governance standards [1][3]. Group 1: Company Developments - The transition to the Nasdaq Global Market is expected to enhance the company's visibility among institutional investors, improve liquidity, and broaden market recognition [2]. - The uplisting will be effective from October 9, 2025, with shares continuing to trade under the ticker symbol "MFH" [6]. - Earlier in the year, the company was added to the Russell 2000 Index and the S&P Global Broad Market Index, which has begun to expand its investor base [4]. Group 2: Strategic Initiatives - The company continues to execute its Digital Asset Treasury Strategy (DATS) through its subsidiary Chaince Securities LLC, focusing on advisory services in digital asset treasury management and tokenization [5]. - This strategy positions the company at the intersection of blockchain innovation and regulated capital markets [5]. Group 3: Leadership Perspective - The CEO expressed enthusiasm about the uplisting, highlighting it as a reflection of the company's progress and adherence to Nasdaq's standards, and emphasized the intention to leverage this enhanced platform for continued growth and shareholder value [3].