Yiren Digital Ltd. announced that it has signed a Memorandum of Understanding (MOU) with ChainUp, a blockchain technology and digital asset exchange solutions provider, to co-develop a global blockchain infrastructure platform to support institutional-grade crypto investment products and related financial services. The partnership marks a significant step in Yiren Digital’s long-term growth strategy to develop a transparent, efficient, and compliant next-generation fintech platform. It also aligns with the Company’s focus on long-term value creation by capturing opportunities at the accelerating convergence of traditional finance and emerging Web3 technologies.
Yiren Digital began building up its Web3 assets in the first quarter of 2025 by investing directly in Ethereum (ETH), laying the groundwork for future blockchain-based product development. In June 2025, the Company established a digital asset task force in Hong Kong to explore regulated opportunities within the city’s fast-developing digital finance ecosystem. Yiren Digital plans to launch an initial functional release of the new crypto finance system by the end of October 2025.
This early release will be accessible to selected users to experience the staking of their Ethereum and provide valuable performance and compliance feedback. Building on this foundation, the Company expects to deliver the full version 1.0 in the first half of 2026, introducing complete product features, expanded asset coverage, and integrated connectivity with its existing fintech ecosystem.Yiren Digital’s long-term vision includes establishing a comprehensive blockchain-enabled financial ecosystem that offers diversified digital asset investment and tokenization services for both investors and asset owners. The platform bridges traditional fintech with blockchain infrastructure, enabling asset owners to unlock liquidity through tokenization of real-world assets (RWA).
This creates new opportunities for investors to diversify their portfolio by accessing previously hard-to-reach asset classes. According to Global Industry Analyst Inc. (October 2025), the global digital asset market is undergoing rapid institutionalization. Its market capitalization now exceeds USD4.2 trillion, with blockchain-based financial services projected to surpass USD52.2 billion by 2030, growing at a compound annual growth rate of more than 45%.
Yiren Digital believes its early and strategic entry positions it to capture meaningful market share as digital assets evolve from speculative instruments into a mainstream component of global financial infrastructure. Headquartered in Singapore, ChainUp is a leading blockchain solutions provider offering digital asset exchange systems, custody, Web3 infrastructure, and asset tokenization services. The company serves more than 1,000 clients across over 30 markets, reaching more than 60 million end users, and was named Regulation Asia’s “Best institutional Custody & Asset-Servicing Solution” in 2023.
