# EDGAR Filing Document

**Accession Number:** 0001945565
**File Stem:** 0001213900-25-118812
**Filing Date:** 2025-12
**Character Count:** 12684
**Document Hash:** 21ec697dfe1ff574a1ffcf44321f4c92
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-118812.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0001213900-25-118812

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251205

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BGIN BLOCKCHAIN Ltd
- **CENTRAL INDEX KEY:** 0001945565
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42908
- **FILM NUMBER:** 251553737

**BUSINESS ADDRESS:**
- **STREET 1:** #09 12 PAYA LEBAR SQUARE
- **STREET 2:** 60 PAYA LEBAR ROAD
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 409051
- **BUSINESS PHONE:** 65-9658 5681

**MAIL ADDRESS:**
- **STREET 1:** #09 12 PAYA LEBAR SQUARE
- **STREET 2:** 60 PAYA LEBAR ROAD
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 409051

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Bgin Blockchain Ltd
- **DATE OF NAME CHANGE:** 20220906

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16<br> UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of December 2025**

**Commission File Number: 001-42908**

**BGIN BLOCKCHAIN LIMITED**

**#09 12 Paya Lebar Square<br> 60 Paya Lebar Road<br> Singapore 409051<br> +65 9658 5681**

**(Address of principal executive office)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

**Departure of Communication Officer**

Mr. Nicholas Williams has served as the communication officer of BGIN BLOCKCHAIN LIMITED (the "Company") since March 2025. On November 28, 2025, the Company terminated its employment relationship with Mr. Williams on a mutual amicable basis, and on the same date, the Company entered into a severance agreement with Mr. Williams (the "Severance Agreement"). Pursuant to the Severance Agreement, Mr. Williams will receive a lump sum severance payment equal to three months of his monthly salary.

The Severance Agreement contains a general release of all claims against the Company and standard indemnification provisions.

The foregoing description of the Severance Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Severance Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Severance Agreement entered into by and among BGIN BLOCKCHAIN LIMITED, Bgin Chip Limited, and Nicholas Williams, dated November 28, 2025](ea026872501ex10-1_bgin.htm) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **BGIN BLOCKCHAIN LIMITED** | **BGIN BLOCKCHAIN LIMITED** |
| Date: December 5, 2025 | By: | /s/ *Qingfeng Wu* |
|  | Name: | Qingfeng Wu |
|  | Title: | Chief Executive Officer<br> (principal executive officer) |

---

## Exhibit 10.1

**Exhibit 10.1**

**Severance Agreement**

This Severance Agreement (the "Agreement") is made and entered into as of **November 28, 2025** (the "Effective Date") by and between **Bgin Blockchain Limited**, a company incorporated under the laws of Cayman Island; **Bgin Chip Limited**, a company incorporated under the laws of Hong Kong; (Bgin Blockchain Limited and Bgin Chip Limited are referred to collectively as the "Company"), AND **Nicholas Williams** (the "Employee").

**Recitals**

A. The Employee entered into an Employment Agreement with Bgin Chip Limited dated February 21, 2025 (the "Chip Employment Agreement")

B. The Employee entered into an Employment Agreement with Bgin Blockchain Limited dated October 16, 2025 (the "Blockchain Employment Agreement").

C. For administrative clarity and avoidance of doubt, the parties acknowledge that the Blockchain Employment Agreement and the Chip Employment Agreement relate to the same duties, and the monthly salary applicable to those duties is the compensation set out in the Chip Employment Agreement ("Monthly Salary") consistent with stipulations of Section 7(a) of the Blockchain Employment Agreement, which contemplates that cash compensation is to be paid through the Company's designated subsidiary.

NOW THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, the parties agree as follows:

**1. Termination**

Employee's employment with the Company is terminated **effective immediately** as of the Effective Date pursuant to Section 8(a), Section 8(c) and Section 20 of the Blockchain Employment Agreement, and pursuant to Section 9 of the Chip Employment Agreement.

**2. Severance Payment**

2.1 The Company will pay to Employee a one-time gross Severance Payment in the amount of **three (3) Monthly Salary** (the "Severance Payment").

2.2 The Severance Payment will be paid lump sum within seven (7) business days after the Effective Date and receipt of a duly executed Agreement.

2.3 The parties acknowledge that the Severance Payment includes and satisfies any amounts required to be paid to Employee by applicable law in connection with Employee's employment and its termination, and that it constitutes the full and final monetary consideration payable by the Company under this Agreement. The parties further acknowledge that the Severance Payment is provided by the Company as a commercial gesture and exceeds any statutory or contractual entitlements the Employee may otherwise have; Employee accepts the Severance Payment in full satisfaction of any monetary claims in respect of Employee's employment or its termination, except for amounts expressly reserved in this Agreement or required by applicable law.

**3. Release by Employee; Covenant Not to Sue**

3.1 Release. In consideration of the Severance Payment and other promises in this Agreement, Employee irrevocably and unconditionally releases and forever discharges the Company from any and all claims, causes of action, demands, liabilities, losses, obligations, damages, costs and expenses (including attorneys' fees), of any nature whatsoever, whether known or unknown, fixed or contingent, which Employee may have against any Released Party arising out of or relating to Employee's employment, the termination of Employee's employment or events occurring on or before the Effective Date, except for claims that cannot be released as a matter of applicable law.

3.2 Covenant Not to Sue. Employee covenants and agrees not to initiate, prosecute or join any lawsuit, arbitration, administrative claim, or other proceeding against the Company with respect to any matter related to this Agreement and his past employment. If Employee breaches this covenant, Employee shall be obligated to pay the Company all reasonable costs, damages and attorneys' fees incurred by the Company in defending such claim, in addition to any other remedies available at law or equity.

**4. Employee Warranties**

Employee represents and warrants, to the best of Employee's knowledge after reasonable inquiry, that: (a) Employee has the full power and authority to enter into and perform this Agreement; (b) Employee is not subject to any injunction, order or contractual restriction that would prevent Employee from performing this Agreement; and (c) Employee has not willfully misused or disclosed confidential information or trade secrets of any third party, except as permitted by law.

**5. Indemnification**

Employee shall indemnify, defend and hold harmless the Company, its subsidiaries, affiliates, successors, assigns, and their respective directors, officers, and employees (the "Indemnified Parties") from and against any and all losses, damages, liabilities, claims, demands, actions, causes of action, costs and expenses (including reasonable attorneys' fees and costs) arising out of or related to: (a) claims brought by any prior employer, client, customer, governmental authority or other third party alleging breach of contract, confidentiality, company policy, acknowledgments, regulatory requirements or similar obligations by Employee; and (b) third-party communications relating to Employee's prior employment that result in demonstrable reputational or financial harm to an Indemnified Party. This indemnity does not apply to the extent any loss is caused by the gross negligence or wilful misconduct of an Indemnified Party.

**6. Confidentiality; Return of Property; Cooperation**

6.1 Confidentiality. Employee shall keep confidential the existence and terms of this Agreement, except to the extent disclosure is required by law or to Employee's spouse, tax adviser or legal counsel (each of whom shall be informed of and bound by the confidentiality obligation). Any permitted recipient shall be informed of and bound to keep the terms confidential.

6.2 Return of Property. Employee shall return to the Company, no later than three (3) business days after the Effective Date, all Company property (including electronic devices, records, documents, access cards, keys and copies of Company materials) in Employee's possession or control and shall not retain any copies, excerpts or summaries thereof.

6.3 Cooperation. Employee agrees to reasonably cooperate with the Company, at the Company's expense for out-of-pocket costs, in connection with any matter, investigation or proceeding relating to events that occurred during Employee's employment where Employee has unique knowledge relevant to the matter, provided the Company gives reasonable prior notice and cooperates on scheduling.

**7. Non-Disparagement**

Employee agrees not to make any false or materially disparaging oral or written statements regarding the Company, its officers, directors or employees. The Company (through its senior officers) agrees not to make false or materially disparaging statements about Employee. This Section shall not prevent truthful statements required by law, regulation or judicial or administrative process.

**8. Taxes**

Employee shall be solely responsible for all taxes arising from the Severance Payment.

**9. Remedies**

The parties acknowledge that a breach of Sections 3, 4, 5, 6 or 7 would cause irreparable harm for which monetary damages would be inadequate and that the Company shall be entitled to seek injunctive relief and other equitable remedies in addition to any other remedies available at law.

**10. Miscellaneous**

10.1 Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and representations (whether written or oral) relating to that subject matter.

10.2 Severability. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain valid and enforceable to the fullest extent permitted by law.

10.3 Governing Law and Dispute Resolution. This Agreement shall be governed by and construed in accordance with the laws of Singapore without regard to conflict of laws principles. Any dispute arising out of or relating to this Agreement shall be finally resolved by arbitration administered by the Singapore International Arbitration Centre (SIAC) under its rules in force at the time of the arbitration. The seat of arbitration shall be Singapore and the language shall be English. Judgment on the award may be entered in any court of competent jurisdiction.

10.4 Counterparts and Electronic Signatures. This Agreement may be executed in counterparts and by electronic signature, each of which shall be deemed an original.

**SIGNATURES PAGE TO FOLLOW**

**IN WITNESS WHEREOF**, the parties have executed this Agreement as of the Effective Date.

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| | |
|:---|:---|
| **BGIN BLOCKCHAIN LIMITED** | **BGIN BLOCKCHAIN LIMITED** |
| By: | /s/ Qingfeng Wu |
| Name: | Qingfeng Wu |
| Title: | CEO and Director |

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| | |
|:---|:---|
| **BGIN CHIP LIMITED** | **BGIN CHIP LIMITED** |
| By: | /s/ Qingfeng Wu |
| Name: | Qingfeng Wu |
| Title: | Director |

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| | |
|:---|:---|
| **EMPLOYEE** | **EMPLOYEE** |
| By: | /s/ Nicholas Williams |
| Nicholas Williams | Nicholas Williams |

---