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Mercurity Fintech Expands Institutional Ownership with BlackRock, State Street, and Vanguard Following Russell 2000® Inclusion
Globenewswire· 2025-08-22 12:30
Core Insights - Mercurity Fintech Holding Inc. (MFH) has seen a significant increase in institutional investor holdings as reported in recent regulatory filings, indicating a broader and more diverse institutional base compared to previous periods [1][2] - Major institutional investors such as BlackRock, Vanguard, and notable pension funds have slightly increased their positions in MFH, reflecting growing interest in the company's stock [2][4] - The increase in institutional exposure is largely attributed to MFH's inclusion in the Russell 2000 index, which is commonly used by investment managers for index funds and benchmarks [3][4] Company Overview - MFH is a blockchain-powered fintech group that offers technology and financial services, aiming to bridge traditional finance with digital innovation through its subsidiaries [7] - The company focuses on services related to digital assets, financial advisory, and capital markets solutions [7] Institutional Investor Activity - The recent filings indicate that both new institutional investors and existing ones have contributed to the increase in holdings, although much of this activity is index-driven and may not represent strategic endorsements [2][3][4] - CEO Shi Qiu expressed optimism about the growing institutional presence, highlighting the potential for increased liquidity and broader exposure to the investment community [5]