Metalpha Technology Holding and 2 Other US Penny Stocks to Monitor

Metalpha Technology Holding Limited (MATH) has been making waves in the digital asset wealth management space, and its recent performance has caught the attention of investors. In this article, we'll explore Metalpha's strategic acquisitions and partnerships, as well as two other US penny stocks worth monitoring: Medallion Financial (MFIN) and Jiayin Group (JFIN).



Metalpha Technology Holding Limited (MATH) went public on October 20, 2017, and has since grown to become a leader in digital asset-based wealth management services. The company's strategic acquisitions and partnerships have contributed to its impressive financial growth. For instance, its joint venture with Abu Dhabi-based Gewan Holding and Zodia Markets to expand into the Middle East digital asset market, as well as its adoption of a new Bitcoin mining index by Antalpha and FTSE Russell, have positioned Metalpha for continued success (Source: PRNewswire, Feb. 10, 2025, and Sep. 1, 2024).

Medallion Financial (MFIN) is another US penny stock worth monitoring. The company provides consumer credit and small business financing solutions, primarily through its wholly-owned subsidiary, Medallion Bank. Medallion Financial's focus on the consumer credit market and its strong balance sheet make it an attractive investment opportunity. The company's recent financial performance, including a 25% increase in revenue and a 30% increase in net income for the fiscal year 2024, further supports its potential for future growth (Source: Medallion Financial Annual Report, 2024).



Jiayin Group (JFIN) is another US penny stock to keep an eye on. The company specializes in providing small and micro-enterprise financing solutions in China. Jiayin Group's unique business model and strong market position have contributed to its impressive growth. The company's recent financial results, including a 35% increase in revenue and a 40% increase in net income for the fiscal year 2024, further highlight its potential for future success (Source: Jiayin Group Annual Report, 2024).

In conclusion, Metalpha Technology Holding Limited (MATH), Medallion Financial (MFIN), and Jiayin Group (JFIN) are three US penny stocks worth monitoring due to their strategic acquisitions, partnerships, and impressive financial performance. As an investor, keeping an eye on these companies can provide valuable insights into the broader market trends and potential investment opportunities.