Yiren Digital Ltd., a prominent fintech enterprise listed on the New York Stock Exchange (NYSE: YRD), has taken a decisive step toward expanding its blockchain and digital finance presence through a strategic partnership with ChainUp, a Singapore-based blockchain solutions provider. The two companies have signed a Memorandum of Understanding (MOU) to co-develop a global blockchain infrastructure platform that will support institutional-level crypto investment products and related financial services.
The collaboration forms a key component of Yiren Digital’s long-term roadmap to build a next-generation fintech platform that integrates transparency, regulatory compliance, and technological innovation. The initiative aligns with its broader strategy to capitalize on the growing intersection between traditional financial systems and emerging Web3 technologies, positioning the firm at the forefront of fintech transformation in Asia and beyond.
The company’s engagement with blockchain finance began earlier in 2025, when it initiated investments in Ethereum (ETH) during the first quarter, laying the foundation for its entry into decentralized technologies. In June 2025, Yiren Digital established a specialized digital asset task force in Hong Kong, focusing on exploring regulated digital finance opportunities within the region’s fast-evolving Web3 ecosystem.
Company executives have indicated that this strategic partnership with ChainUp will act as a major growth catalyst, enabling the development of a comprehensive Web3 ecosystem that blends blockchain’s security and immutability with Yiren Digital’s strong fintech foundation. The collaboration is expected to accelerate the creation of innovative products that redefine the way investors and asset owners interact with digital finance globally.
Yiren Digital has outlined a phased rollout plan for its new crypto finance system. The company intends to release an initial functional version by the end of October 2025, offering selected users early access to Ethereum staking services. This pilot phase will be used to gather operational and compliance-related feedback, ensuring robustness ahead of the wider rollout. The full version 1.0 of the platform is expected to be launched in the first half of 2026, featuring an expanded range of digital asset products, broader asset coverage, and seamless integration with the firm’s existing fintech ecosystem.
We’re thrilled to announce our partnership with ChainUp to co-develop a global blockchain platform — a key step toward building the next-generation fintech infrastructure that bridges traditional finance and Web3 innovation. 🚀#YRD #ChainUp #Fintech #Blockchain #Web3
— Yiren Digital Ltd (@yirendigital) October 17, 2025
The long-term vision behind the project includes building a holistic blockchain-based financial ecosystem that provides diversified investment and tokenization opportunities for both investors and asset owners. The platform is designed to bridge traditional finance and blockchain technology by enabling tokenization of real-world assets (RWA), thereby unlocking liquidity and granting investors access to asset classes that were previously difficult to reach.
Industry data underscores the timeliness of Yiren Digital’s move. According to an October 2025 report by Global Industry Analyst Inc., the global digital asset market is undergoing rapid institutionalization, with its capitalization surpassing USD 4.2 trillion. Blockchain-based financial services are projected to exceed USD 52.2 billion by 2030, expanding at a compound annual growth rate above 45%. Yiren Digital views its early participation as an opportunity to secure a meaningful position within this rapidly maturing sector, as digital assets transition from speculative instruments into integral components of global financial infrastructure.
ChainUp, headquartered in Singapore, brings substantial expertise to the collaboration. The company provides blockchain and digital asset exchange solutions, custody systems, Web3 infrastructure, and tokenization services. Serving over 1,000 clients across more than 30 markets and reaching over 60 million users worldwide, ChainUp has earned recognition for its institutional-grade services, including being named the “Best Institutional Custody & Asset-Servicing Solution” by Regulation Asia in 2023.
With this alliance, Yiren Digital and ChainUp are aiming to establish a powerful synergy that integrates the reliability of fintech with the scalability of blockchain, setting the stage for the next era of digital financial infrastructure.