JMU Limited (“the Company”, “MFH”) announced the launch of its digital transformation plan, the “Mercury Plan.” The Mercury Plan is comprised of two elements: business acquisitions and ecosystem integration.
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“The goal of the Mercury Plan is to create a global, unified asset transaction market, and by clearly laying out our acquisition and integration plan, we will accelerate our digital transformation,” said Mr. Andrew Banhidi, MFH’s Vice President of Technology. “During the course of our strategic business transformation, we attached great importance to acquiring companies that help improve the digital finance landscape, and have made substantial progress. However, compared to the number of acquired companies, we prioritize whether the target company can be integrated into our ecosystem.”
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The Mercury Plan focuses MFH’s acquisitions on high-performing global digital asset service providers in the payments (digital payment tools, wallets, personal digital asset management), digitization (asset tokenization platforms, stablecoin, art tokens), and transaction (exchanges, derivatives services, funds, quantitative platforms, market makers) sectors. The plan also calls for ecosystem integration to fully connect all acquisitions, empower each business’s existing platforms, and eventually become an integrated solution to customers.
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