Yiren Digital signs MoU with ChainUp 17 October 2025 Hong Kong Reporter: Tahlia Kraefft
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Yiren Digital, a fintech company specialising in digital consumer lending, insurance, and financial technology innovation across China and Southeast Asia, has penned a Memorandum of Understanding (MOU) with ChainUp, a blockchain technology and digital asset exchange solutions provider.
Through the partnership both parties will co-develop a global blockchain infrastructure platform to back institutional-grade crypto investment products, and relevant financial services.
The collaboration is a step towards Yiren Digital’s long-term growth strategy of creating a simplified, transparent, and compliant next-generation fintech platform.
Yiren Digital initiated establishing its Web3 assets in the first quarter of 2025 by a direct investment in Ethereum, forming the foundations for future blockchain-based product development.
The firm created a digital asset task force in Hong Kong to search for regulated opportunities within the city’s expanding digital finance landscape.
Yiren Digital intends to unveil an initial functional release of the new crypto finance system by the end of October 2025.
It will initially be available to selected users, and give them the option to stake their Ethereum and give performance and compliance feedback.
The full version 1.0 is anticipated to be completed in the first half of 2026, which involves complete product features, extended asset coverage, and incorporated connectivity with its existing fintech ecosystem.
Ning Tang, chairman and CEO of Yiren Digital, says: “Our entry into blockchain finance represents a long-term growth catalyst for Yiren Digital.
‘This partnership accelerates the development of our Web3 ecosystem, supporting our ability to build the next-generation fintech platform based on digital asset and innovative asset tokenisation technology that combine immutability and security of blockchain with the solid strength of our fintech foundation.
“We see this as a unique and strategic opportunity to redefine how investors and asset owners engage with digital finance globally.”
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