Mercurity Fintech, To raise 1.1 trillion won and embark on Bitcoin strategic reserve

Mercurity Fintech Ventures Into Full-scale Bitcoin Financial Strategies (Source: Financial IT)

The US Nasdaq-listed fintech company Mercurity Fintech (Ticker MFH) announced plans for large-scale fundraising for strategic Bitcoin reserves. The company disclosed its intention to raise a total of 800 million dollars (approximately 1 trillion 100 billion won) to integrate into its digital reserve system.

This fund will be invested in Mercurity's core infrastructure, including Blockchain-based custody (asset storage), staking, and tokenized reserve management, aiming to strengthen its digital asset framework. The company emphasized that it regards Bitcoin not merely as a held asset but as a core pillar of its long-term digital financial strategy.

The major acquisition of BTC assets by fintech companies follows a path similar to existing tech companies and is expected to further accelerate the institutionalization trend across the entire digital currency ecosystem.