Yiren Digital Ltd. ("Yiren Digital" or the "Company"), a leading fintechcompany specializing in digital consumer lending, insurance and financial technology innovation across China and Southeast Asia, today announced that it has signed a Memorandum of Understanding (MOU) with ChainUp, a blockchain technology and digital assetexchange 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.

"Our entry into blockchain finance represents a long-term growth catalyst for Yiren Digital," said Mr. Ning Tang, Chairman and CEO of 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 tokenization technology that combine the 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."