The listed company Mercurity Fintech has completed a $6 million placement fundraising to advance its digital asset treasury strategy

according to GlobeNewswire, Nasdaq-listed digital fintech company Mercurity Fintech Holding announced the sale of its common stock through a securities purchase agreement, raising approximately $6 million.

The funds will further advance the company's digital asset treasury strategy to enhance its balance sheet and provide additional financial flexibility. Currently, the company has not disclosed the types and details of the digital assets to be purchased.