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 initially explored technology-related business opportunities, including blockchain services, prior to 2021. From October 2021 to April 2022, Chaince participated in Bitcoin mining through shared 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. Concurrently, in the second half of 2022, Chaince began diversifying into financial services and advisory businesses. These services focus on capital markets advisory, corporate consulting, and related professional services, primarily through its subsidiaries in the United States and Hong Kong. The company has increasingly focused on financial services and advisory activities as its primary growth area.