Chaince Digital Holdings Inc.

Chaince Digital Holdings Inc. operates through its subsidiaries in the United States, Hong Kong, and the People's Republic of China. The company's operations include Chaince Securities, Inc., a Delaware corporation; Chaince Securities, LLC, a Delaware limited liability company and a FINRA-registered broker-dealer; Ucon Capital (HK) Limited, a Hong Kong limited liability company; and Chaince (Shenzhen) Consulting Co., Ltd., a limited liability company in the People's Republic of China. Prior to 2021, the company explored various technology-related business opportunities, including blockchain-related services. Beginning in October 2021, Chaince Digital Holdings Inc. initiated digital asset mining activities, exploring blockchain infrastructure and computing services. From October 2021 to April 2022, the company engaged in Bitcoin mining through shared mining arrangements, leasing computing power from third-party providers. In December 2022, the company expanded its digital asset activities by acquiring mining infrastructure and commencing Filecoin ("FIL") mining operations, which involved owning and operating mining equipment for decentralized storage networks. In the second half of 2022, the company began diversifying into financial services and advisory businesses, focusing on capital markets advisory, corporate consulting, and related professional services, particularly through its subsidiaries in the United States and Hong Kong. The company has since increasingly focused on financial services and advisory activities as its primary growth area.