BEIJING, Oct. 06, 2025 (GLOBE NEWSWIRE) — Kaixin Holdings (NASDAQ: KXIN) (“Kaixin” or the “Organization”) revealed today the formation of its Digital Asset Management Division. This division is tasked with acquiring funding to invest in cryptocurrencies, notably Bitcoin and Ethereum. The intention is to implement a strategic digital asset allocation plan to generate profits for Kaixin. This method aims to both diversify risks associated with traditional business operations and capitalize on the unique qualities of the cryptocurrency market to produce possible long-term gains and boost the company’s overall asset worth.
The increasing complexity and instability of the global economic landscape introduce considerable uncertainty to conventional investments. Yet, the evolution of blockchain technology and the maturation of the global digital asset market are driving wider acceptance of cryptocurrencies, like Bitcoin and Ethereum, by financial institutions and fintech companies. Their market valuations have also displayed growth potential, even with market fluctuations. The adaptive trading characteristics of these assets permit swift reactions to market dynamics, providing an effective avenue for adjusting corporate asset deployment.
Looking forward, the Organization is actively investigating opportunities to bring in fresh strategic investors and secure valuable undertakings within the Web3 space. The goal is to refine its ownership framework and operational procedures, demonstrating innovative approaches to asset management. It is anticipated that this initiative will inject significant momentum into the Organization’s long-term trajectory and foster enhanced returns for stakeholders.
As of October 6, 2025, the Organization reports a total of 27,258,228 ordinary shares issued and presently outstanding, comprising 22,158,228 Class A ordinary shares alongside 5,100,000 Class B ordinary shares.
About Kaixin Holdings
Kaixin Holdings is currently undergoing a transformation to become an AI-focused technology firm headquartered in China. XINGCAN utilizes artificial intelligence to create and maintain live online educational platforms and service packages, intended for both domestic and international clients. The anticipated acquisition will see Kaixin expanding into the AI-driven education domain, while pursuing opportunities to develop its AI capabilities in other sectors to unlock further expansion prospects.
Safe Harbor Statement
This announcement includes statements regarding future expectations, which are considered forward-looking. These statements are protected under the “safe harbor” stipulations of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are recognizable through the use of specific terminology, including but not limited to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” and “estimates,” as well as other related phrases. Any statements not based on historical facts, including assertions about the views and forecasts of Kaixin, constitute forward-looking statements. Such statements intrinsically involve uncertainties and potential hazards. Various factors could ultimately lead to actual outcomes diverging significantly from those indicated in forward-looking statements. These factors encompass, without limitation: our strategic aims; our planned development, financial position, and operational performance; our predictions concerning demand for our services and market acceptance; our expectations pertaining to reinforcing relationships with auto dealerships; our strategies for refining user interaction, infrastructure, and service offerings; competitive pressures within our industry in China; and pertinent governmental regulations and policies affecting our sector. Additional details concerning these risks can be found within our additional documents submitted to the SEC. The information provided here is valid as of this announcement’s date, and Kaixin assumes no obligation to revise these forward-looking statements unless mandated by the law.
For media inquiries, please contact:
Kaixin Holdings
Investor Relations
Email: [email protected]