Chaince Digital Holdings Sponsors Wellball VIP League in New York to Boost Brand Awareness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
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Should l Buy CD?
Source: Newsfilter
- Brand Promotion: Chaince Digital Holdings will serve as the Presenting Sponsor for the Wellball VIP League event in New York on December 20, 2025, aiming to enhance its brand visibility in the blockchain and digital asset sectors while solidifying business relationships in key markets.
- Community Engagement: Chief Strategy Officer Wilfred Daye stated that supporting the Wellball VIP League reflects Chaince's commitment to innovation and community connection, which is expected to strengthen its influence in the digital finance market.
- Event Highlights: The event will showcase a non-contact basketball format that emphasizes shooting accuracy and mental toughness, appealing to basketball enthusiasts and increasing brand exposure.
- Strategic Alignment: By sponsoring this emerging platform, Chaince not only demonstrates support for sports and community activities but also aligns with its long-term strategic goals of advancing the digital asset economy.
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About CD
Chaince Digital Holdings Inc., formerly Mercurity Fintech Holding Inc., is a fintech company, which is engaged in offering technology and financial services. It provides tokenization and on-chain innovation solutions, offering services spanning digital assets, financial advisory, and capital markets solutions. The Company's segment includes blockchain & digital asset solutions; AI & HPC infrastructure, and financial services. Under the Blockchain & Digital Asset solutions segments, it operates crypto mining facilities focused on Filecoin and Bitcoin. Under the AI & HPC infrastructure segment, Affinity Base develops liquid cooling solutions for AI data centers and HPC operations to reduce energy consumption and improve hardware performance. Under the Financial Services segment through its subsidiary, Chaince Securities, LLC, the Company offers capital markets and investment solutions for institutions, high-net-worth individuals, and emerging issuers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

- Options Grant: Cantex Mine Development Corp. has granted a total of 2.1 million options to certain directors, officers, and consultants under its Stock Option Plan, with an exercise price of $0.30 and a term of 7 years expiring on January 16, 2033.
- Vesting Terms: The options will fully vest after 5 years, and if an option holder ceases to be a bona fide service provider before vesting, a pro rata portion of their options will vest while the remainder will be canceled, ensuring effective incentives for key personnel.
- Management Statement: President Chad Ulansky emphasized that all information provided is forward-looking, relating to expected future business and financial performance, and investors should be cautious in attributing undue certainty to these statements to avoid misinterpretation of future outcomes.
- Risk Advisory: Cantex cautions investors that forward-looking statements may be subject to known and unknown risks, and actual results could differ materially from expectations, highlighting the importance of reviewing the management discussion and analysis section of the company's reports.
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- Brand Promotion: Chaince Digital Holdings will serve as the Presenting Sponsor for the Wellball VIP League event in New York on December 20, 2025, reflecting the company's commitment to brand awareness and community engagement in key markets.
- Community Engagement: Chief Strategy Officer Wilfred Daye stated that supporting the Wellball VIP League aligns with the company's values of innovation and connection, aiming to enhance its presence in the blockchain and digital asset sectors.
- Event Highlights: This event marks the conclusion of the Wellball VIP League's fall season, attracting basketball enthusiasts and showcasing precision athleticism, thereby increasing brand visibility.
- Strategic Implications: By sponsoring such emerging platforms, Chaince not only strengthens its relationships with stakeholders but also lays the groundwork for future growth strategies, further enhancing the company's influence in the digital finance space.
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- Brand Promotion: Chaince Digital Holdings will serve as the Presenting Sponsor for the Wellball VIP League event in New York on December 20, 2025, aiming to enhance its brand visibility in the blockchain and digital asset sectors while solidifying business relationships in key markets.
- Community Engagement: Chief Strategy Officer Wilfred Daye stated that supporting the Wellball VIP League reflects Chaince's commitment to innovation and community connection, which is expected to strengthen its influence in the digital finance market.
- Event Highlights: The event will showcase a non-contact basketball format that emphasizes shooting accuracy and mental toughness, appealing to basketball enthusiasts and increasing brand exposure.
- Strategic Alignment: By sponsoring this emerging platform, Chaince not only demonstrates support for sports and community activities but also aligns with its long-term strategic goals of advancing the digital asset economy.
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- Financing Completion: Chaince Digital Holdings Inc. has completed a private placement with an institutional investor, raising approximately $6.14 million, demonstrating the company's appeal and market confidence in the digital asset sector.
- Share Purchase: The investor acquired 1,000,000 ordinary shares at a price of $6.14 per share, reflecting the stability of the company's stock price and investor confidence in its future growth.
- Use of Proceeds: The funds will support the initial development of Chaince's U.S.-based AI and semiconductor precision components gigafactory, aiming to accelerate the company's transition into AI-driven industrial technology and enhance its competitive position.
- Strategic Development: By strengthening capital markets and corporate development activities, Chaince plans to leverage this financing to expand its AI/HPC infrastructure platforms, further solidifying its leadership in the digital finance and technology sectors.
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- Financing Completion: Chaince Digital Holdings Inc. has completed a private placement with an institutional investor, raising approximately $6.14 million by selling 1,000,000 shares at $6.14 each, thereby strengthening its financial position for future growth.
- Clear Use of Proceeds: The funds will support the initial development and planning of Chaince's U.S.-based AI and semiconductor precision components gigafactory, reflecting the company's strategic focus on transitioning to AI-driven industrial technology.
- Technology R&D Expansion: Chaince plans to utilize the financing to expand its AI/HPC infrastructure platforms and related technology R&D, aiming to enhance its competitiveness and market position in the emerging digital asset economy.
- Capital Market Activities: Through Chaince Securities, LLC, the company will use part of the funds for capital markets and corporate development activities, further solidifying its influence in the fintech sector.
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- Partnership Initiation: Chindata and HEC Group are establishing gigawatt-scale green compute campuses in Shaoguan, Guangdong, and Ulanqab, Inner Mongolia, aiming to integrate industrial production with high-density computing infrastructure, which is expected to significantly enhance regional digital infrastructure competitiveness.
- Shaoguan Project Planning: The project will be built on a 132,000 m² site, providing 150 MW of IT capacity, facilitating the development of a zero-carbon compute campus in Shaoguan, and is anticipated to accelerate the growth of the local digital industry cluster.
- Ulanqab Demonstration Zone: The collaboration establishes China's first gigawatt-scale AI industrial demonstration zone powered directly by green electricity, integrating renewable energy, compute capacity, and energy storage into a closed-loop regional ecosystem, which is expected to reduce costs and carbon emissions for both manufacturing and digital operations.
- Government Support: Local governments in Shaoguan and Ulanqab have expressed strong backing for the initiatives, committing to coordinated planning and policy support to ensure smooth project delivery, further advancing regional digital transformation and renewable energy deployment.
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