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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BrokerageCommissionsRevenue" xlink:label="BrokerageCommissionsRevenue" xlink:title="BrokerageCommissionsRevenue" />
    <link:label xlink:type="resource" xlink:label="us-gaap_BrokerageCommissionsRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_BrokerageCommissionsRevenue" xml:lang="en-US" id="us-gaap_BrokerageCommissionsRevenue">Brokerage commission and handling charge income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageCommissionsRevenue" xlink:to="us-gaap_BrokerageCommissionsRevenue" xlink:title="label: BrokerageCommissionsRevenue to us-gaap_BrokerageCommissionsRevenue" />
    <link:label xlink:type="resource" xlink:label="us-gaap_BrokerageCommissionsRevenue1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_BrokerageCommissionsRevenue1" xml:lang="en-US" id="us-gaap_BrokerageCommissionsRevenue1">Revenues - brokerage commission and handling charge income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageCommissionsRevenue" xlink:to="us-gaap_BrokerageCommissionsRevenue1" xlink:title="label: BrokerageCommissionsRevenue to us-gaap_BrokerageCommissionsRevenue1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageCommissionsRevenue" xlink:to="us-gaap_BrokerageCommissionsRevenue_lbl2" xlink:title="label: BrokerageCommissionsRevenue to us-gaap_BrokerageCommissionsRevenue_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="CashAndCashEquivalentsAtCarryingValue" xlink:title="CashAndCashEquivalentsAtCarryingValue" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:title="label: CashAndCashEquivalentsAtCarryingValue to us-gaap_CashAndCashEquivalentsAtCarryingValue" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CashAndCashEquivalentsAtCarryingValue1" xml:lang="en-US" id="us-gaap_CashAndCashEquivalentsAtCarryingValue1">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue1" xlink:title="label: CashAndCashEquivalentsAtCarryingValue to us-gaap_CashAndCashEquivalentsAtCarryingValue1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl2" xlink:title="label: CashAndCashEquivalentsAtCarryingValue to us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashSegregatedUnderOtherRegulations" xlink:label="CashSegregatedUnderOtherRegulations" xlink:title="CashSegregatedUnderOtherRegulations" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashSegregatedUnderOtherRegulations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashSegregatedUnderOtherRegulations" xml:lang="en-US" id="us-gaap_CashSegregatedUnderOtherRegulations">Cash segregated under regulatory requirements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashSegregatedUnderOtherRegulations" xlink:to="us-gaap_CashSegregatedUnderOtherRegulations" xlink:title="label: CashSegregatedUnderOtherRegulations to us-gaap_CashSegregatedUnderOtherRegulations" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashSegregatedUnderOtherRegulations1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CashSegregatedUnderOtherRegulations1" xml:lang="en-US" id="us-gaap_CashSegregatedUnderOtherRegulations1">Cash segregated under regulatory requirements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashSegregatedUnderOtherRegulations" xlink:to="us-gaap_CashSegregatedUnderOtherRegulations1" xlink:title="label: CashSegregatedUnderOtherRegulations to us-gaap_CashSegregatedUnderOtherRegulations1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestPaidNet" xlink:label="InterestPaidNet" xlink:title="InterestPaidNet" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestPaidNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InterestPaidNet" xml:lang="en-US" id="us-gaap_InterestPaidNet">Interest paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidNet" xlink:to="us-gaap_InterestPaidNet" xlink:title="label: InterestPaidNet to us-gaap_InterestPaidNet" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:label="ProceedsFromRepaymentsOfBankOverdrafts" xlink:title="ProceedsFromRepaymentsOfBankOverdrafts" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromRepaymentsOfBankOverdrafts" xlink:to="us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:title="label: ProceedsFromRepaymentsOfBankOverdrafts to us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:title="IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:title="label: IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets to us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl1" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl1">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl1" xlink:title="label: IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets to us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="IncreaseDecreaseInOperatingCapitalAbstract" xlink:title="IncreaseDecreaseInOperatingCapitalAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract">Changes in operating assets and liabilities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:title="label: IncreaseDecreaseInOperatingCapitalAbstract to us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:label="IncreaseDecreaseInDueToRelatedParties" xlink:title="IncreaseDecreaseInDueToRelatedParties" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInDueToRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:title="label: IncreaseDecreaseInDueToRelatedParties to us-gaap_IncreaseDecreaseInDueToRelatedParties" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:title="IncreaseDecreaseInAccountsReceivableRelatedParties" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:title="label: IncreaseDecreaseInAccountsReceivableRelatedParties to us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_lbl1" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_lbl1">Increase (Decrease) in Accounts Receivable, Related Parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_lbl1" xlink:title="label: IncreaseDecreaseInAccountsReceivableRelatedParties to us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="CommitmentsAndContingenciesDisclosureTextBlock" xlink:title="CommitmentsAndContingenciesDisclosureTextBlock" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:title="label: CommitmentsAndContingenciesDisclosureTextBlock to us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl1" xml:lang="en-US" id="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl1">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl1" xlink:title="label: CommitmentsAndContingenciesDisclosureTextBlock to us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="CommonStockSharesIssued" xlink:title="CommonStockSharesIssued" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommonStockSharesIssued" xml:lang="en-US" id="us-gaap_CommonStockSharesIssued">Ordinary shares, issued (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued" xlink:title="label: CommonStockSharesIssued to us-gaap_CommonStockSharesIssued" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="CommonStockSharesOutstanding" xlink:title="CommonStockSharesOutstanding" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommonStockSharesOutstanding" xml:lang="en-US" id="us-gaap_CommonStockSharesOutstanding">Ordinary shares, outstanding (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding" xlink:title="label: CommonStockSharesOutstanding to us-gaap_CommonStockSharesOutstanding" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_CommonStockValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommonStockValue" xml:lang="en-US" id="us-gaap_CommonStockValue">Ordinary shares, unlimited shares authorized; no par value; 48,237,472 shares and 43,206,222 shares issued and outstanding as of September 30, 2025 and March 31, 2025, respectively</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:title="ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl1" xlink:title="label: ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract to us-gaap_ComponentsOfIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="ComprehensiveIncomeNetOfTax" xlink:title="ComprehensiveIncomeNetOfTax" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConcentrationRiskTable" xml:lang="en-US" id="us-gaap_ConcentrationRiskTable">Concentration Risk [Table]</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="ConcentrationRiskTypeDomain" xlink:title="ConcentrationRiskTypeDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConcentrationRiskTypeDomain" xml:lang="en-US" id="us-gaap_ConcentrationRiskTypeDomain">Concentration Risk Type [Domain]</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConvertibleDebtCurrent" xlink:label="ConvertibleDebtCurrent" xlink:title="ConvertibleDebtCurrent" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleDebtCurrent" xlink:to="us-gaap_ConvertibleDebtCurrent_lbl1" xlink:title="label: ConvertibleDebtCurrent to us-gaap_ConvertibleDebtCurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="CurrentIncomeTaxExpenseBenefit" xlink:title="CurrentIncomeTaxExpenseBenefit" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:title="label: CurrentIncomeTaxExpenseBenefit to us-gaap_CurrentIncomeTaxExpenseBenefit" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesCurrent" xlink:label="LiabilitiesCurrent" xlink:title="LiabilitiesCurrent" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent" xlink:title="label: LiabilitiesCurrent to us-gaap_LiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesCurrent_lbl1" xml:lang="en-US" id="us-gaap_LiabilitiesCurrent_lbl1">Liabilities, Current</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="LiabilitiesCurrentAbstract" xlink:title="LiabilitiesCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesCurrentAbstract" xml:lang="en-US" id="us-gaap_LiabilitiesCurrentAbstract">Current liabilities:</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CustomerConcentrationRiskMember" xlink:label="CustomerConcentrationRiskMember" xlink:title="CustomerConcentrationRiskMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CustomerConcentrationRiskMember" xml:lang="en-US" id="us-gaap_CustomerConcentrationRiskMember">Customer Concentration Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerConcentrationRiskMember" xlink:to="us-gaap_CustomerConcentrationRiskMember" xlink:title="label: CustomerConcentrationRiskMember to us-gaap_CustomerConcentrationRiskMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="PaymentsOfDebtIssuanceCosts" xlink:title="PaymentsOfDebtIssuanceCosts" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfDebtIssuanceCosts" xlink:to="us-gaap_PaymentsOfDebtIssuanceCosts" xlink:title="label: PaymentsOfDebtIssuanceCosts to us-gaap_PaymentsOfDebtIssuanceCosts" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_DeferredIncomeTaxExpenseBenefit" xml:lang="en-US" id="us-gaap_DeferredIncomeTaxExpenseBenefit">Deferred income tax benefit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:title="label: DeferredIncomeTaxExpenseBenefit to us-gaap_DeferredIncomeTaxExpenseBenefit" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_DeferredIncomeTaxExpenseBenefit1" xml:lang="en-US" id="us-gaap_DeferredIncomeTaxExpenseBenefit1">Deferred income taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit1" xlink:title="label: DeferredIncomeTaxExpenseBenefit to us-gaap_DeferredIncomeTaxExpenseBenefit1" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsEquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DeferredTaxAssetsEquityMethodInvestments" xml:lang="en-US" id="us-gaap_DeferredTaxAssetsEquityMethodInvestments">Unrealized loss from the equity method investment</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsGross" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_DeferredTaxAssetsGross" xml:lang="en-US" id="us-gaap_DeferredTaxAssetsGross">Subtotal</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="DeferredTaxAssetsNet" xlink:title="DeferredTaxAssetsNet" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="DeferredTaxAssetsOther" xlink:title="DeferredTaxAssetsOther" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:title="DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="DeferredTaxAssetsValuationAllowance" xlink:title="DeferredTaxAssetsValuationAllowance" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:label="RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:title="RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentsDisclosureTextBlock" xlink:to="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:title="label: EquityMethodInvestmentsDisclosureTextBlock to us-gaap_EquityMethodInvestmentsDisclosureTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="ConsolidationPolicyTextBlock" xlink:title="ConsolidationPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConsolidationPolicyTextBlock" xml:lang="en-US" id="us-gaap_ConsolidationPolicyTextBlock">Principles of consolidation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock" xlink:title="label: ConsolidationPolicyTextBlock to us-gaap_ConsolidationPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="IncomeLossFromEquityMethodInvestments" xlink:title="IncomeLossFromEquityMethodInvestments" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_IncomeLossFromEquityMethodInvestments1" xml:lang="en-US" id="us-gaap_IncomeLossFromEquityMethodInvestments1">Loss from equity method investment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments1" xlink:title="label: IncomeLossFromEquityMethodInvestments to us-gaap_IncomeLossFromEquityMethodInvestments1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_IncomeLossFromEquityMethodInvestments2" xml:lang="en-US" id="us-gaap_IncomeLossFromEquityMethodInvestments2">Loss from equity method investment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments2" xlink:title="label: IncomeLossFromEquityMethodInvestments to us-gaap_IncomeLossFromEquityMethodInvestments2" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeLossFromEquityMethodInvestments_lbl3" xml:lang="en-US" id="us-gaap_IncomeLossFromEquityMethodInvestments_lbl3">Income (Loss) from Equity Method Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_lbl3" xlink:title="label: IncomeLossFromEquityMethodInvestments to us-gaap_IncomeLossFromEquityMethodInvestments_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="AllocatedShareBasedCompensationExpense" xlink:title="AllocatedShareBasedCompensationExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_AllocatedShareBasedCompensationExpense" xml:lang="en-US" id="us-gaap_AllocatedShareBasedCompensationExpense">Share-based compensation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense" xlink:title="label: AllocatedShareBasedCompensationExpense to us-gaap_AllocatedShareBasedCompensationExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AllocatedShareBasedCompensationExpense_lbl1" xml:lang="en-US" id="us-gaap_AllocatedShareBasedCompensationExpense_lbl1">Share-Based Payment Arrangement, Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_lbl1" xlink:title="label: AllocatedShareBasedCompensationExpense to us-gaap_AllocatedShareBasedCompensationExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:title="EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xml:lang="en-US" id="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense">Income tax benefit from stock-based compensation arrangements</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_lbl1" xlink:title="label: EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense to us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation" xlink:label="ShareBasedCompensation" xlink:title="ShareBasedCompensation" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedCompensation" xml:lang="en-US" id="us-gaap_ShareBasedCompensation">Share-based compensation expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation" xlink:title="label: ShareBasedCompensation to us-gaap_ShareBasedCompensation" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_ShareBasedCompensation1" xml:lang="en-US" id="us-gaap_ShareBasedCompensation1">Share-based compensation expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation1" xlink:title="label: ShareBasedCompensation to us-gaap_ShareBasedCompensation1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ShareBasedCompensation2" xml:lang="en-US" id="us-gaap_ShareBasedCompensation2">Share-based compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation2" xlink:title="label: ShareBasedCompensation to us-gaap_ShareBasedCompensation2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:label="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:title="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xml:lang="en-US" id="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod">Number of ordinary shares issued (in shares)</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestments" xlink:label="EquityMethodInvestments" xlink:title="EquityMethodInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestments" xml:lang="en-US" id="us-gaap_EquityMethodInvestments">Equity method investment</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EquityMethodInvestments1" xml:lang="en-US" id="us-gaap_EquityMethodInvestments1">Carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestments" xlink:to="us-gaap_EquityMethodInvestments1" xlink:title="label: EquityMethodInvestments to us-gaap_EquityMethodInvestments1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="EquityMethodInvestmentOwnershipPercentage" xlink:title="EquityMethodInvestmentOwnershipPercentage" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestmentOwnershipPercentage" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentOwnershipPercentage">Ownership percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:title="label: EquityMethodInvestmentOwnershipPercentage to us-gaap_EquityMethodInvestmentOwnershipPercentage" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EquityMethodInvestmentOwnershipPercentage1" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentOwnershipPercentage1">Ownership percentage</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_EquityMethodInvestmentOwnershipPercentage2" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentOwnershipPercentage2">Equity interest acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage2" xlink:title="label: EquityMethodInvestmentOwnershipPercentage to us-gaap_EquityMethodInvestmentOwnershipPercentage2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments" xlink:label="GainLossOnInvestments" xlink:title="GainLossOnInvestments" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_GainLossOnInvestments1" xml:lang="en-US" id="us-gaap_GainLossOnInvestments1">Changes in NAV of investment securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments1" xlink:title="label: GainLossOnInvestments to us-gaap_GainLossOnInvestments1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IPOMember" xlink:label="IPOMember" xlink:title="IPOMember" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract" xlink:title="IncomeStatementAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeStatementAbstract" xml:lang="en-US" id="us-gaap_IncomeStatementAbstract">UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract" xlink:title="label: IncomeStatementAbstract to us-gaap_IncomeStatementAbstract" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract" xlink:label="IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract" xlink:title="IncomeTaxExpenseBenefitContinuingOperationsIncomeTaxReconciliationAbstract" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="IncreaseDecreaseInOtherOperatingAssets" xlink:title="IncreaseDecreaseInOtherOperatingAssets" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInOtherOperatingAssets">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:title="label: IncreaseDecreaseInOtherOperatingAssets to us-gaap_IncreaseDecreaseInOtherOperatingAssets" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl1" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl1">Increase (Decrease) in Other Operating Assets</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeOperating" xlink:label="InterestIncomeOperating" xlink:title="InterestIncomeOperating" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestIncomeOperating" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_InterestIncomeOperating" xml:lang="en-US" id="us-gaap_InterestIncomeOperating">Revenues - interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating" xlink:title="label: InterestIncomeOperating to us-gaap_InterestIncomeOperating" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestIncomeOperating1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InterestIncomeOperating1" xml:lang="en-US" id="us-gaap_InterestIncomeOperating1">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating1" xlink:title="label: InterestIncomeOperating to us-gaap_InterestIncomeOperating1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestIncomeOperating2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_InterestIncomeOperating2" xml:lang="en-US" id="us-gaap_InterestIncomeOperating2">Revenues - interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating2" xlink:title="label: InterestIncomeOperating to us-gaap_InterestIncomeOperating2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="InvestmentPolicyTextBlock" xlink:title="InvestmentPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InvestmentPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentPolicyTextBlock" xml:lang="en-US" id="us-gaap_InvestmentPolicyTextBlock">Investment in equity securities</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvestmentsPolicy" xlink:label="EquityMethodInvestmentsPolicy" xlink:title="EquityMethodInvestmentsPolicy" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsPolicy" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EquityMethodInvestmentsPolicy" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentsPolicy">Equity method investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentsPolicy" xlink:to="us-gaap_EquityMethodInvestmentsPolicy" xlink:title="label: EquityMethodInvestmentsPolicy to us-gaap_EquityMethodInvestmentsPolicy" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xml:lang="en-US" id="us-gaap_EquityMethodInvestmentsPolicy_lbl1">Equity Method Investments [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentsPolicy" xlink:to="us-gaap_EquityMethodInvestmentsPolicy_lbl1" xlink:title="label: EquityMethodInvestmentsPolicy to us-gaap_EquityMethodInvestmentsPolicy_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:title="InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xml:lang="en-US" id="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock">INVESTMENTS SECURITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:to="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:title="label: InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock to us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="LaborAndRelatedExpense" xlink:title="LaborAndRelatedExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LaborAndRelatedExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LaborAndRelatedExpense" xml:lang="en-US" id="us-gaap_LaborAndRelatedExpense">Compensation and benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaborAndRelatedExpense" xlink:to="us-gaap_LaborAndRelatedExpense" xlink:title="label: LaborAndRelatedExpense to us-gaap_LaborAndRelatedExpense" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="Liabilities" xlink:title="Liabilities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_Liabilities" xml:lang="en-US" id="us-gaap_Liabilities">TOTAL LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="us-gaap_Liabilities" xlink:title="label: Liabilities to us-gaap_Liabilities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_Liabilities_lbl1" xml:lang="en-US" id="us-gaap_Liabilities_lbl1">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="us-gaap_Liabilities_lbl1" xlink:title="label: Liabilities to us-gaap_Liabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="LiabilitiesAndStockholdersEquity" xlink:title="LiabilitiesAndStockholdersEquity" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_LiabilitiesAndStockholdersEquity" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquity">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity" xlink:title="label: LiabilitiesAndStockholdersEquity to us-gaap_LiabilitiesAndStockholdersEquity" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquity_lbl1">Liabilities and Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl1" xlink:title="label: LiabilitiesAndStockholdersEquity to us-gaap_LiabilitiesAndStockholdersEquity_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="LiabilitiesAndStockholdersEquityAbstract" xlink:title="LiabilitiesAndStockholdersEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xml:lang="en-US" id="us-gaap_LiabilitiesAndStockholdersEquityAbstract">Liabilities and Shareholders' Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:title="label: LiabilitiesAndStockholdersEquityAbstract to us-gaap_LiabilitiesAndStockholdersEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="LineOfCreditFacilityMaximumBorrowingCapacity" xlink:title="LineOfCreditFacilityMaximumBorrowingCapacity" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xml:lang="en-US" id="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity">Maximum borrowing capacity</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LossContingenciesLineItems" xlink:label="LossContingenciesLineItems" xlink:title="LossContingenciesLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LossContingenciesLineItems" xml:lang="en-US" id="us-gaap_LossContingenciesLineItems">Loss Contingencies [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossContingenciesLineItems" xlink:to="us-gaap_LossContingenciesLineItems" xlink:title="label: LossContingenciesLineItems to us-gaap_LossContingenciesLineItems" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LossContingenciesTable" xml:lang="en-US" id="us-gaap_LossContingenciesTable">Loss Contingencies [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossContingenciesTable" xlink:to="us-gaap_LossContingenciesTable" xlink:title="label: LossContingenciesTable to us-gaap_LossContingenciesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MarketableSecuritiesNoncurrent" xlink:label="MarketableSecuritiesNoncurrent" xlink:title="MarketableSecuritiesNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_MarketableSecuritiesNoncurrent" xml:lang="en-US" id="us-gaap_MarketableSecuritiesNoncurrent">Investment, cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketableSecuritiesNoncurrent" xlink:to="us-gaap_MarketableSecuritiesNoncurrent" xlink:title="label: MarketableSecuritiesNoncurrent to us-gaap_MarketableSecuritiesNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesNoncurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_MarketableSecuritiesNoncurrent_lbl1" xml:lang="en-US" id="us-gaap_MarketableSecuritiesNoncurrent_lbl1">Marketable Securities, Noncurrent</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_MarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_MarketingExpense" xml:lang="en-US" id="us-gaap_MarketingExpense">Market information</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="RelatedPartyTransactionsByRelatedPartyAxis" xlink:title="RelatedPartyTransactionsByRelatedPartyAxis" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:title="label: NetCashProvidedByUsedInInvestingActivities to us-gaap_NetCashProvidedByUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl1" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl1">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl1" xlink:title="label: NetCashProvidedByUsedInInvestingActivities to us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:title="NetCashProvidedByUsedInInvestingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract">Cash flows from investing activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:title="label: NetCashProvidedByUsedInInvestingActivitiesAbstract to us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="NetCashProvidedByUsedInOperatingActivities" xlink:title="NetCashProvidedByUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivities">Net cash used in operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:title="label: NetCashProvidedByUsedInOperatingActivities to us-gaap_NetCashProvidedByUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" xlink:title="label: NetCashProvidedByUsedInOperatingActivities to us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:title="NetCashProvidedByUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US" id="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">Cash flows from operating activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:title="label: NetCashProvidedByUsedInOperatingActivitiesAbstract to us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:label="ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:title="ProceedsFromRepaymentsOfRelatedPartyDebt" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xml:lang="en-US" id="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt">Repayment of borrowings from a related party</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:to="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:title="label: ProceedsFromRepaymentsOfRelatedPartyDebt to us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="NetIncomeLoss" xlink:title="NetIncomeLoss" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_NetIncomeLoss" xml:lang="en-US" id="us-gaap_NetIncomeLoss">Net loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss" xlink:title="label: NetIncomeLoss to us-gaap_NetIncomeLoss" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_NetIncomeLoss1" xml:lang="en-US" id="us-gaap_NetIncomeLoss1">Net loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss1" xlink:title="label: NetIncomeLoss to us-gaap_NetIncomeLoss1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NetIncomeLoss2" xml:lang="en-US" id="us-gaap_NetIncomeLoss2">Net loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss2" xlink:title="label: NetIncomeLoss to us-gaap_NetIncomeLoss2" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NetIncomeLoss_lbl3" xml:lang="en-US" id="us-gaap_NetIncomeLoss_lbl3">Net Income (Loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl3" xlink:title="label: NetIncomeLoss to us-gaap_NetIncomeLoss_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:label="InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:title="InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xml:lang="en-US" id="us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions">Brokerage and commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:to="us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:title="label: InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions to us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PrincipalTransactionsRevenue" xlink:label="PrincipalTransactionsRevenue" xlink:title="PrincipalTransactionsRevenue" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PrincipalTransactionsRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_PrincipalTransactionsRevenue" xml:lang="en-US" id="us-gaap_PrincipalTransactionsRevenue">Principal transactions &amp; proprietary trading</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalTransactionsRevenue" xlink:to="us-gaap_PrincipalTransactionsRevenue" xlink:title="label: PrincipalTransactionsRevenue to us-gaap_PrincipalTransactionsRevenue" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PrincipalTransactionsRevenue1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PrincipalTransactionsRevenue1" xml:lang="en-US" id="us-gaap_PrincipalTransactionsRevenue1">Principal transactions and proprietary trading</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalTransactionsRevenue" xlink:to="us-gaap_PrincipalTransactionsRevenue1" xlink:title="label: PrincipalTransactionsRevenue to us-gaap_PrincipalTransactionsRevenue1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="NonoperatingIncomeExpense" xlink:title="NonoperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NonoperatingIncomeExpense" xml:lang="en-US" id="us-gaap_NonoperatingIncomeExpense">Other income (loss), net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense" xlink:title="label: NonoperatingIncomeExpense to us-gaap_NonoperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_NonoperatingIncomeExpense1" xml:lang="en-US" id="us-gaap_NonoperatingIncomeExpense1">Total other income (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense1" xlink:title="label: NonoperatingIncomeExpense to us-gaap_NonoperatingIncomeExpense1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="NonoperatingIncomeExpenseAbstract" xlink:title="NonoperatingIncomeExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NonoperatingIncomeExpenseAbstract" xml:lang="en-US" id="us-gaap_NonoperatingIncomeExpenseAbstract">Other income (loss):</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:title="label: NonoperatingIncomeExpenseAbstract to us-gaap_NonoperatingIncomeExpenseAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfessionalFees" xlink:label="ProfessionalFees" xlink:title="ProfessionalFees" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProfessionalFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProfessionalFees" xml:lang="en-US" id="us-gaap_ProfessionalFees">Professional service fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfessionalFees" xlink:to="us-gaap_ProfessionalFees" xlink:title="label: ProfessionalFees to us-gaap_ProfessionalFees" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="OperatingLossCarryforwards" xlink:title="OperatingLossCarryforwards" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLossCarryforwards" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLossCarryforwards" xml:lang="en-US" id="us-gaap_OperatingLossCarryforwards">Accumulated net operating loss carryforwards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards" xlink:title="label: OperatingLossCarryforwards to us-gaap_OperatingLossCarryforwards" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingIncomeLoss" xlink:label="OperatingIncomeLoss" xlink:title="OperatingIncomeLoss" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_OperatingIncomeLoss" xml:lang="en-US" id="us-gaap_OperatingIncomeLoss">Operating loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss" xlink:title="label: OperatingIncomeLoss to us-gaap_OperatingIncomeLoss" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingIncomeLoss_lbl1" xml:lang="en-US" id="us-gaap_OperatingIncomeLoss_lbl1">Operating Income (Loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl1" xlink:title="label: OperatingIncomeLoss to us-gaap_OperatingIncomeLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues" xlink:label="Revenues" xlink:title="Revenues" />
    <link:label xlink:type="resource" xlink:label="us-gaap_Revenues" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_Revenues" xml:lang="en-US" id="us-gaap_Revenues">Total revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenues" xlink:to="us-gaap_Revenues" xlink:title="label: Revenues to us-gaap_Revenues" />
    <link:label xlink:type="resource" xlink:label="us-gaap_Revenues_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_Revenues_lbl1" xml:lang="en-US" id="us-gaap_Revenues_lbl1">Revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenues" xlink:to="us-gaap_Revenues_lbl1" xlink:title="label: Revenues to us-gaap_Revenues_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenuesAbstract" xlink:label="RevenuesAbstract" xlink:title="RevenuesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RevenuesAbstract" xml:lang="en-US" id="us-gaap_RevenuesAbstract">Revenues [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract" xlink:title="label: RevenuesAbstract to us-gaap_RevenuesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenuesAbstract1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_RevenuesAbstract1" xml:lang="en-US" id="us-gaap_RevenuesAbstract1">Revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract1" xlink:title="label: RevenuesAbstract to us-gaap_RevenuesAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:title="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xml:lang="en-US" id="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock">ORGANIZATION AND DESCRIPTION OF BUSINESS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock to us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="OtherGeneralAndAdministrativeExpense" xlink:title="OtherGeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherGeneralAndAdministrativeExpense" xml:lang="en-US" id="us-gaap_OtherGeneralAndAdministrativeExpense">Other general and administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGeneralAndAdministrativeExpense" xlink:to="us-gaap_OtherGeneralAndAdministrativeExpense" xlink:title="label: OtherGeneralAndAdministrativeExpense to us-gaap_OtherGeneralAndAdministrativeExpense" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="OtherNonoperatingIncomeExpense" xlink:title="OtherNonoperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_OtherNonoperatingIncomeExpense" xml:lang="en-US" id="us-gaap_OtherNonoperatingIncomeExpense">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense" xlink:title="label: OtherNonoperatingIncomeExpense to us-gaap_OtherNonoperatingIncomeExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherNonoperatingIncomeExpense_lbl1" xml:lang="en-US" id="us-gaap_OtherNonoperatingIncomeExpense_lbl1">Other Nonoperating Income (Expense)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense_lbl1" xlink:title="label: OtherNonoperatingIncomeExpense to us-gaap_OtherNonoperatingIncomeExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="ProceedsFromIssuanceOfCommonStock" xlink:title="ProceedsFromIssuanceOfCommonStock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_ProceedsFromIssuanceOfCommonStock" xml:lang="en-US" id="us-gaap_ProceedsFromIssuanceOfCommonStock">Aggregate gross proceeds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:title="label: ProceedsFromIssuanceOfCommonStock to us-gaap_ProceedsFromIssuanceOfCommonStock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl1" xml:lang="en-US" id="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl1">Proceeds from Issuance of Common Stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl1" xlink:title="label: ProceedsFromIssuanceOfCommonStock to us-gaap_ProceedsFromIssuanceOfCommonStock_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceInitialPublicOffering" xlink:label="ProceedsFromIssuanceInitialPublicOffering" xlink:title="ProceedsFromIssuanceInitialPublicOffering" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceInitialPublicOffering" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ProceedsFromIssuanceInitialPublicOffering" xml:lang="en-US" id="us-gaap_ProceedsFromIssuanceInitialPublicOffering">Proceeds from initial public offering, net of underwriting discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceInitialPublicOffering" xlink:to="us-gaap_ProceedsFromIssuanceInitialPublicOffering" xlink:title="label: ProceedsFromIssuanceInitialPublicOffering to us-gaap_ProceedsFromIssuanceInitialPublicOffering" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl1" xml:lang="en-US" id="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl1">Proceeds from Issuance Initial Public Offering</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceInitialPublicOffering" xlink:to="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl1" xlink:title="label: ProceedsFromIssuanceInitialPublicOffering to us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="ProceedsFromLinesOfCredit" xlink:title="ProceedsFromLinesOfCredit" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ProceedsFromLinesOfCredit" xml:lang="en-US" id="us-gaap_ProceedsFromLinesOfCredit">Proceeds from lines of credit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromLinesOfCredit" xlink:to="us-gaap_ProceedsFromLinesOfCredit" xlink:title="label: ProceedsFromLinesOfCredit to us-gaap_ProceedsFromLinesOfCredit" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromLinesOfCredit_lbl1" xml:lang="en-US" id="us-gaap_ProceedsFromLinesOfCredit_lbl1">Proceeds from Lines of Credit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromLinesOfCredit" xlink:to="us-gaap_ProceedsFromLinesOfCredit_lbl1" xlink:title="label: ProceedsFromLinesOfCredit to us-gaap_ProceedsFromLinesOfCredit_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRelatedPartyDebt" xlink:label="ProceedsFromRelatedPartyDebt" xlink:title="ProceedsFromRelatedPartyDebt" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromRelatedPartyDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromRelatedPartyDebt" xml:lang="en-US" id="us-gaap_ProceedsFromRelatedPartyDebt">Advances from borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromRelatedPartyDebt" xlink:to="us-gaap_ProceedsFromRelatedPartyDebt" xlink:title="label: ProceedsFromRelatedPartyDebt to us-gaap_ProceedsFromRelatedPartyDebt" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSaleOfEquityMethodInvestments" xlink:label="ProceedsFromSaleOfEquityMethodInvestments" xlink:title="ProceedsFromSaleOfEquityMethodInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfEquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ProceedsFromSaleOfEquityMethodInvestments" xml:lang="en-US" id="us-gaap_ProceedsFromSaleOfEquityMethodInvestments">Equity interest consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSaleOfEquityMethodInvestments" xlink:to="us-gaap_ProceedsFromSaleOfEquityMethodInvestments" xlink:title="label: ProceedsFromSaleOfEquityMethodInvestments to us-gaap_ProceedsFromSaleOfEquityMethodInvestments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="PropertyPlantAndEquipmentNet" xlink:title="PropertyPlantAndEquipmentNet" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_PropertyPlantAndEquipmentNet" xml:lang="en-US" id="us-gaap_PropertyPlantAndEquipmentNet">Property and equipment, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet" xlink:title="label: PropertyPlantAndEquipmentNet to us-gaap_PropertyPlantAndEquipmentNet" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PropertyPlantAndEquipmentNet_lbl1" xml:lang="en-US" id="us-gaap_PropertyPlantAndEquipmentNet_lbl1">Property, Plant and Equipment, Net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl1" xlink:title="label: PropertyPlantAndEquipmentNet to us-gaap_PropertyPlantAndEquipmentNet_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="PaymentsToAcquireEquityMethodInvestments" xlink:title="PaymentsToAcquireEquityMethodInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_PaymentsToAcquireEquityMethodInvestments" xml:lang="en-US" id="us-gaap_PaymentsToAcquireEquityMethodInvestments">Consideration paid for equity interest acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireEquityMethodInvestments" xlink:to="us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:title="label: PaymentsToAcquireEquityMethodInvestments to us-gaap_PaymentsToAcquireEquityMethodInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl1" xml:lang="en-US" id="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl1">Payments to Acquire Equity Method Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireEquityMethodInvestments" xlink:to="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl1" xlink:title="label: PaymentsToAcquireEquityMethodInvestments to us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="PaymentsToAcquireInvestments" xlink:title="PaymentsToAcquireInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_PaymentsToAcquireInvestments" xml:lang="en-US" id="us-gaap_PaymentsToAcquireInvestments">Purchase of investment securities, at NAV, including related party</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments" xlink:title="label: PaymentsToAcquireInvestments to us-gaap_PaymentsToAcquireInvestments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PaymentsToAcquireInvestments_lbl1" xml:lang="en-US" id="us-gaap_PaymentsToAcquireInvestments_lbl1">Payments to Acquire Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments_lbl1" xlink:title="label: PaymentsToAcquireInvestments to us-gaap_PaymentsToAcquireInvestments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="PaymentsToAcquirePropertyPlantAndEquipment" xlink:title="PaymentsToAcquirePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xml:lang="en-US" id="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">Purchase of property and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:title="label: PaymentsToAcquirePropertyPlantAndEquipment to us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl1">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl1" xlink:title="label: PaymentsToAcquirePropertyPlantAndEquipment to us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReceivablesFromCustomers" xlink:label="ReceivablesFromCustomers" xlink:title="ReceivablesFromCustomers" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesFromCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_ReceivablesFromCustomers" xml:lang="en-US" id="us-gaap_ReceivablesFromCustomers">Clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromCustomers" xlink:to="us-gaap_ReceivablesFromCustomers" xlink:title="label: ReceivablesFromCustomers to us-gaap_ReceivablesFromCustomers" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesFromCustomers1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ReceivablesFromCustomers1" xml:lang="en-US" id="us-gaap_ReceivablesFromCustomers1">Receivables from clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromCustomers" xlink:to="us-gaap_ReceivablesFromCustomers1" xlink:title="label: ReceivablesFromCustomers to us-gaap_ReceivablesFromCustomers1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesFromCustomers2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ReceivablesFromCustomers2" xml:lang="en-US" id="us-gaap_ReceivablesFromCustomers2">Receivables from clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromCustomers" xlink:to="us-gaap_ReceivablesFromCustomers2" xlink:title="label: ReceivablesFromCustomers to us-gaap_ReceivablesFromCustomers2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReceivablesNetCurrent" xlink:label="ReceivablesNetCurrent" xlink:title="ReceivablesNetCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesNetCurrent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_ReceivablesNetCurrent" xml:lang="en-US" id="us-gaap_ReceivablesNetCurrent">Receivables - Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesNetCurrent" xlink:to="us-gaap_ReceivablesNetCurrent" xlink:title="label: ReceivablesNetCurrent to us-gaap_ReceivablesNetCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesNetCurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ReceivablesNetCurrent_lbl1" xml:lang="en-US" id="us-gaap_ReceivablesNetCurrent_lbl1">Receivables, Net, Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesNetCurrent" xlink:to="us-gaap_ReceivablesNetCurrent_lbl1" xlink:title="label: ReceivablesNetCurrent to us-gaap_ReceivablesNetCurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReceivablesNetCurrentAbstract" xlink:label="ReceivablesNetCurrentAbstract" xlink:title="ReceivablesNetCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesNetCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ReceivablesNetCurrentAbstract" xml:lang="en-US" id="us-gaap_ReceivablesNetCurrentAbstract">Receivables from:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesNetCurrentAbstract" xlink:to="us-gaap_ReceivablesNetCurrentAbstract" xlink:title="label: ReceivablesNetCurrentAbstract to us-gaap_ReceivablesNetCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ReceivablesNetCurrentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ReceivablesNetCurrentAbstract_lbl1" xml:lang="en-US" id="us-gaap_ReceivablesNetCurrentAbstract_lbl1">Receivables, Net, Current [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesNetCurrentAbstract" xlink:to="us-gaap_ReceivablesNetCurrentAbstract_lbl1" xlink:title="label: ReceivablesNetCurrentAbstract to us-gaap_ReceivablesNetCurrentAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="RelatedPartyDomain" xlink:title="RelatedPartyDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyDomain" xml:lang="en-US" id="us-gaap_RelatedPartyDomain">Related and Nonrelated Parties [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyDomain" xlink:to="us-gaap_RelatedPartyDomain" xlink:title="label: RelatedPartyDomain to us-gaap_RelatedPartyDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="RelatedPartyTransactionLineItems" xlink:title="RelatedPartyTransactionLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionLineItems" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionLineItems">Related Party Transaction [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionLineItems" xlink:to="us-gaap_RelatedPartyTransactionLineItems" xlink:title="label: RelatedPartyTransactionLineItems to us-gaap_RelatedPartyTransactionLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="RelatedPartyTransactionsDisclosureTextBlock" xlink:title="RelatedPartyTransactionsDisclosureTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionsDisclosureTextBlock">RELATED PARTY TRANSACTIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:title="label: RelatedPartyTransactionsDisclosureTextBlock to us-gaap_RelatedPartyTransactionsDisclosureTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:title="ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xml:lang="en-US" id="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable">Related Party Transaction [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:title="label: ScheduleOfRelatedPartyTransactionsByRelatedPartyTable to us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="RepaymentsOfRelatedPartyDebt" xlink:title="RepaymentsOfRelatedPartyDebt" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RepaymentsOfRelatedPartyDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RepaymentsOfRelatedPartyDebt" xml:lang="en-US" id="us-gaap_RepaymentsOfRelatedPartyDebt">Repayment of borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfRelatedPartyDebt" xlink:to="us-gaap_RepaymentsOfRelatedPartyDebt" xlink:title="label: RepaymentsOfRelatedPartyDebt to us-gaap_RepaymentsOfRelatedPartyDebt" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="RetainedEarningsAccumulatedDeficit" xlink:title="RetainedEarningsAccumulatedDeficit" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RetainedEarningsAccumulatedDeficit" xml:lang="en-US" id="us-gaap_RetainedEarningsAccumulatedDeficit">Accumulated deficit</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant to us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl1" xml:lang="en-US" id="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl1">Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant to us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:title="ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xml:lang="en-US" id="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain">All Award Types</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:title="label: ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain to us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xlink:label="ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xlink:title="ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xml:lang="en-US" id="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain">Supplier [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xlink:to="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" xlink:title="label: ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain to us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionSupplierDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xlink:label="ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xlink:title="ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xml:lang="en-US" id="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis">Supplier [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xlink:to="us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" xlink:title="label: ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis to us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShortTermBorrowingsAbstract" xlink:label="ShortTermBorrowingsAbstract" xlink:title="ShortTermBorrowingsAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShortTermBorrowingsAbstract" xml:lang="en-US" id="us-gaap_ShortTermBorrowingsAbstract">Short-Term Debt [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortTermBorrowingsAbstract" xlink:to="us-gaap_ShortTermBorrowingsAbstract" xlink:title="label: ShortTermBorrowingsAbstract to us-gaap_ShortTermBorrowingsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="SignificantAccountingPoliciesTextBlock" xlink:title="SignificantAccountingPoliciesTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SignificantAccountingPoliciesTextBlock" xml:lang="en-US" id="us-gaap_SignificantAccountingPoliciesTextBlock">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:title="label: SignificantAccountingPoliciesTextBlock to us-gaap_SignificantAccountingPoliciesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="StatementOfCashFlowsAbstract" xlink:title="StatementOfCashFlowsAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementOfCashFlowsAbstract" xml:lang="en-US" id="us-gaap_StatementOfCashFlowsAbstract">UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract" xlink:title="label: StatementOfCashFlowsAbstract to us-gaap_StatementOfCashFlowsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="StatementOfStockholdersEquityAbstract" xlink:title="StatementOfStockholdersEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StatementOfStockholdersEquityAbstract" xml:lang="en-US" id="us-gaap_StatementOfStockholdersEquityAbstract">UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_StatementOfStockholdersEquityAbstract" xlink:title="label: StatementOfStockholdersEquityAbstract to us-gaap_StatementOfStockholdersEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="StockholdersEquityAbstract" xlink:title="StockholdersEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_StockholdersEquityAbstract" xml:lang="en-US" id="us-gaap_StockholdersEquityAbstract">Shareholders' equity:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract" xlink:title="label: StockholdersEquityAbstract to us-gaap_StockholdersEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="SubsequentEventTypeAxis" xlink:title="SubsequentEventTypeAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTypeAxis" xml:lang="en-US" id="us-gaap_SubsequentEventTypeAxis">Subsequent Event Type [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis" xlink:title="label: SubsequentEventTypeAxis to us-gaap_SubsequentEventTypeAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventLineItems" xlink:label="SubsequentEventLineItems" xlink:title="SubsequentEventLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventLineItems" xml:lang="en-US" id="us-gaap_SubsequentEventLineItems">Subsequent Event [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventLineItems" xlink:to="us-gaap_SubsequentEventLineItems" xlink:title="label: SubsequentEventLineItems to us-gaap_SubsequentEventLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTable" xlink:label="SubsequentEventTable" xlink:title="SubsequentEventTable" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTable" xml:lang="en-US" id="us-gaap_SubsequentEventTable">Subsequent Event [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTable" xlink:to="us-gaap_SubsequentEventTable" xlink:title="label: SubsequentEventTable to us-gaap_SubsequentEventTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="SubsequentEventTypeDomain" xlink:title="SubsequentEventTypeDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventTypeDomain" xml:lang="en-US" id="us-gaap_SubsequentEventTypeDomain">Subsequent Event Type [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventTypeDomain" xlink:to="us-gaap_SubsequentEventTypeDomain" xlink:title="label: SubsequentEventTypeDomain to us-gaap_SubsequentEventTypeDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:label="SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:title="SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xml:lang="en-US" id="us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions">% of ownership</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:to="us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:title="label: SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions to us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="SubsidiarySaleOfStockAxis" xlink:title="SubsidiarySaleOfStockAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsidiarySaleOfStockAxis" xml:lang="en-US" id="us-gaap_SubsidiarySaleOfStockAxis">Sale of Stock [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiarySaleOfStockAxis" xlink:to="us-gaap_SubsidiarySaleOfStockAxis" xlink:title="label: SubsidiarySaleOfStockAxis to us-gaap_SubsidiarySaleOfStockAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockLineItems" xlink:label="SubsidiarySaleOfStockLineItems" xlink:title="SubsidiarySaleOfStockLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsidiarySaleOfStockLineItems" xml:lang="en-US" id="us-gaap_SubsidiarySaleOfStockLineItems">Subsidiary, Sale of Stock [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiarySaleOfStockLineItems" xlink:to="us-gaap_SubsidiarySaleOfStockLineItems" xlink:title="label: SubsidiarySaleOfStockLineItems to us-gaap_SubsidiarySaleOfStockLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="SupplementalCashFlowInformationAbstract" xlink:title="SupplementalCashFlowInformationAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SupplementalCashFlowInformationAbstract" xml:lang="en-US" id="us-gaap_SupplementalCashFlowInformationAbstract">Supplemental disclosure of cash flow information:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract" xlink:title="label: SupplementalCashFlowInformationAbstract to us-gaap_SupplementalCashFlowInformationAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SupplierConcentrationRiskMember" xlink:label="SupplierConcentrationRiskMember" xlink:title="SupplierConcentrationRiskMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SupplierConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SupplierConcentrationRiskMember" xml:lang="en-US" id="us-gaap_SupplierConcentrationRiskMember">Supplier Concentration Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierConcentrationRiskMember" xlink:to="us-gaap_SupplierConcentrationRiskMember" xlink:title="label: SupplierConcentrationRiskMember to us-gaap_SupplierConcentrationRiskMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CapitalAbstract" xlink:label="CapitalAbstract" xlink:title="CapitalAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CapitalAbstract" xml:lang="en-US" id="us-gaap_CapitalAbstract">Regulatory Capital Requirements [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalAbstract" xlink:to="us-gaap_CapitalAbstract" xlink:title="label: CapitalAbstract to us-gaap_CapitalAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CapitalAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalAbstract_lbl1" xml:lang="en-US" id="us-gaap_CapitalAbstract_lbl1">Banking Regulation, Total Capital [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalAbstract" xlink:to="us-gaap_CapitalAbstract_lbl1" xlink:title="label: CapitalAbstract to us-gaap_CapitalAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CapitalRequiredForCapitalAdequacy" xlink:label="CapitalRequiredForCapitalAdequacy" xlink:title="CapitalRequiredForCapitalAdequacy" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacy" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_CapitalRequiredForCapitalAdequacy" xml:lang="en-US" id="us-gaap_CapitalRequiredForCapitalAdequacy">Regulatory capital requirements, minimum liquid capital required</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalRequiredForCapitalAdequacy" xlink:to="us-gaap_CapitalRequiredForCapitalAdequacy" xlink:title="label: CapitalRequiredForCapitalAdequacy to us-gaap_CapitalRequiredForCapitalAdequacy" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacy_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CapitalRequiredForCapitalAdequacy_lbl1" xml:lang="en-US" id="us-gaap_CapitalRequiredForCapitalAdequacy_lbl1">Banking Regulation, Total Risk-Based Capital, Capital Adequacy, Minimum</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalRequiredForCapitalAdequacy" xlink:to="us-gaap_CapitalRequiredForCapitalAdequacy_lbl1" xlink:title="label: CapitalRequiredForCapitalAdequacy to us-gaap_CapitalRequiredForCapitalAdequacy_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsCurrent" xlink:label="AssetsCurrent" xlink:title="AssetsCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_AssetsCurrent" xml:lang="en-US" id="us-gaap_AssetsCurrent">Total current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsCurrent" xlink:to="us-gaap_AssetsCurrent" xlink:title="label: AssetsCurrent to us-gaap_AssetsCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AssetsCurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AssetsCurrent_lbl1" xml:lang="en-US" id="us-gaap_AssetsCurrent_lbl1">Assets, Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl1" xlink:title="label: AssetsCurrent to us-gaap_AssetsCurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="AssetsCurrentAbstract" xlink:title="AssetsCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AssetsCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AssetsCurrentAbstract" xml:lang="en-US" id="us-gaap_AssetsCurrentAbstract">Current assets:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract" xlink:title="label: AssetsCurrentAbstract to us-gaap_AssetsCurrentAbstract" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US" id="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">Weighted average ordinary shares outstanding, Diluted (in shares)</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentSummarizedFinancialInformationAbstract" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAbstract" xlink:title="label: EquityMethodInvestmentSummarizedFinancialInformationAbstract to us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvestmentFinancialStatementReportedAmountsAbstract" xlink:to="us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1" xlink:title="label: EquityMethodInvestmentFinancialStatementReportedAmountsAbstract to us-gaap_EquityMethodInvestmentFinancialStatementReportedAmountsAbstract_lbl1" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_OtherLiabilitiesCurrent" xml:lang="en-US" id="us-gaap_OtherLiabilitiesCurrent">Amounts due to related parties</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCostAndExpenseOperating" xlink:to="us-gaap_OtherCostAndExpenseOperating_lbl1" xlink:title="label: OtherCostAndExpenseOperating to us-gaap_OtherCostAndExpenseOperating_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="OtherAssetsNoncurrent" xlink:title="OtherAssetsNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherAssetsNoncurrent" xml:lang="en-US" id="us-gaap_OtherAssetsNoncurrent">Other assets</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="OperatingExpensesAbstract" xlink:title="OperatingExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_OperatingExpensesAbstract" xml:lang="en-US" id="us-gaap_OperatingExpensesAbstract">Operating costs and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract" xlink:title="label: OperatingExpensesAbstract to us-gaap_OperatingExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingExpensesAbstract_lbl1" xml:lang="en-US" id="us-gaap_OperatingExpensesAbstract_lbl1">Operating Expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl1" xlink:title="label: OperatingExpensesAbstract to us-gaap_OperatingExpensesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses" xlink:label="OperatingExpenses" xlink:title="OperatingExpenses" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_OperatingExpenses" xml:lang="en-US" id="us-gaap_OperatingExpenses">Total operating costs and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpenses" xlink:to="us-gaap_OperatingExpenses" xlink:title="label: OperatingExpenses to us-gaap_OperatingExpenses" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingExpenses_lbl1" xml:lang="en-US" id="us-gaap_OperatingExpenses_lbl1">Operating Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl1" xlink:title="label: OperatingExpenses to us-gaap_OperatingExpenses_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet" xlink:label="IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet" xlink:title="IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="StatementClassOfStockAxis" xlink:title="StatementClassOfStockAxis" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StockholdersEquity" xlink:to="us-gaap_StockholdersEquity1" xlink:title="label: StockholdersEquity to us-gaap_StockholdersEquity1" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="AdditionalPaidInCapitalMember" xlink:title="AdditionalPaidInCapitalMember" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockNoParValue" xlink:label="CommonStockNoParValue" xlink:title="CommonStockNoParValue" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_DepreciationDepletionAndAmortization" xml:lang="en-US" id="us-gaap_DepreciationDepletionAndAmortization">Depreciation and amortization expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization" xlink:title="label: DepreciationDepletionAndAmortization to us-gaap_DepreciationDepletionAndAmortization" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DepreciationDepletionAndAmortization_lbl1" xml:lang="en-US" id="us-gaap_DepreciationDepletionAndAmortization_lbl1">Depreciation, Depletion and Amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl1" xlink:title="label: DepreciationDepletionAndAmortization to us-gaap_DepreciationDepletionAndAmortization_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockLineItems" xlink:label="ClassOfStockLineItems" xlink:title="ClassOfStockLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ClassOfStockLineItems" xml:lang="en-US" id="us-gaap_ClassOfStockLineItems">Class of Stock [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassOfStockLineItems" xlink:to="us-gaap_ClassOfStockLineItems" xlink:title="label: ClassOfStockLineItems to us-gaap_ClassOfStockLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="ScheduleOfStockByClassTable" xlink:title="ScheduleOfStockByClassTable" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfStockByClassTable" xml:lang="en-US" id="us-gaap_ScheduleOfStockByClassTable">Stock, Class of Stock [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfStockByClassTable" xlink:to="us-gaap_ScheduleOfStockByClassTable" xlink:title="label: ScheduleOfStockByClassTable to us-gaap_ScheduleOfStockByClassTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LeasesAbstract" xlink:label="LeasesAbstract" xlink:title="LeasesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LeasesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LeasesAbstract" xml:lang="en-US" id="us-gaap_LeasesAbstract">LEASES [Abstract]</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="CommitmentsAndContingencies" xlink:title="CommitmentsAndContingencies" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommitmentsAndContingencies" xml:lang="en-US" id="us-gaap_CommitmentsAndContingencies">Commitments and Contingencies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies" xlink:title="label: CommitmentsAndContingencies to us-gaap_CommitmentsAndContingencies" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:title="AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US" id="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">Adjustments to reconcile net loss to net cash used in operating activities:</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="AccountsPayableCurrentAndNoncurrent" xlink:title="AccountsPayableCurrentAndNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_AccountsPayableCurrentAndNoncurrent" xml:lang="en-US" id="us-gaap_AccountsPayableCurrentAndNoncurrent">Payables - Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableCurrentAndNoncurrent" xlink:to="us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:title="label: AccountsPayableCurrentAndNoncurrent to us-gaap_AccountsPayableCurrentAndNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl1" xml:lang="en-US" id="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl1">Accounts Payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableCurrentAndNoncurrent" xlink:to="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl1" xlink:title="label: AccountsPayableCurrentAndNoncurrent to us-gaap_AccountsPayableCurrentAndNoncurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="AccruedLiabilitiesCurrent" xlink:title="AccruedLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_AccruedLiabilitiesCurrent" xml:lang="en-US" id="us-gaap_AccruedLiabilitiesCurrent">Accrued expenses and other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedLiabilitiesCurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrent" xlink:title="label: AccruedLiabilitiesCurrent to us-gaap_AccruedLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AccruedLiabilitiesCurrent_lbl1" xml:lang="en-US" id="us-gaap_AccruedLiabilitiesCurrent_lbl1">Accrued Liabilities, Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedLiabilitiesCurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrent_lbl1" xlink:title="label: AccruedLiabilitiesCurrent to us-gaap_AccruedLiabilitiesCurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAbstract" xlink:label="AccountsPayableCurrentAbstract" xlink:title="AccountsPayableCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_AccountsPayableCurrentAbstract" xml:lang="en-US" id="us-gaap_AccountsPayableCurrentAbstract">Payables to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableCurrentAbstract" xlink:to="us-gaap_AccountsPayableCurrentAbstract" xlink:title="label: AccountsPayableCurrentAbstract to us-gaap_AccountsPayableCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AccountsPayableCurrentAbstract_lbl1" xml:lang="en-US" id="us-gaap_AccountsPayableCurrentAbstract_lbl1">Accounts Payable, Current [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableCurrentAbstract" xlink:to="us-gaap_AccountsPayableCurrentAbstract_lbl1" xlink:title="label: AccountsPayableCurrentAbstract to us-gaap_AccountsPayableCurrentAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:title="OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xml:lang="en-US" id="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract">Other comprehensive income, net of tax:</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:title="AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl1" xml:lang="en-US" id="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl1">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl1" xlink:title="label: AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue to us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:title="IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xml:lang="en-US" id="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">Loss before income tax benefit</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="PrepaidExpenseAndOtherAssetsCurrent" xlink:title="PrepaidExpenseAndOtherAssetsCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xml:lang="en-US" id="us-gaap_PrepaidExpenseAndOtherAssetsCurrent">Prepaid expenses and other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaidExpenseAndOtherAssetsCurrent" xlink:to="us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:title="label: PrepaidExpenseAndOtherAssetsCurrent to us-gaap_PrepaidExpenseAndOtherAssetsCurrent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPayablesToCustomers" xlink:label="IncreaseDecreaseInPayablesToCustomers" xlink:title="IncreaseDecreaseInPayablesToCustomers" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPayablesToCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInPayablesToCustomers" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInPayablesToCustomers">Payables to clients, including related parties</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SegmentDomain" xlink:label="SegmentDomain" xlink:title="SegmentDomain" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentDomain" xlink:to="us-gaap_SegmentDomain" xlink:title="label: SegmentDomain to us-gaap_SegmentDomain" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FinancingReceivableAllowanceForCreditLosses" xml:lang="en-US" id="us-gaap_FinancingReceivableAllowanceForCreditLosses">Allowance for credit loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancingReceivableAllowanceForCreditLosses" xlink:to="us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:title="label: FinancingReceivableAllowanceForCreditLosses to us-gaap_FinancingReceivableAllowanceForCreditLosses" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:label="IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:title="IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities">Accrued expenses and other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" xlink:title="label: IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities to us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract to us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsDebtAndEquitySecuritiesAbstract" xlink:to="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:title="label: InvestmentsDebtAndEquitySecuritiesAbstract to us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xml:lang="en-US" id="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock">Component of Deferred Tax Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:title="label: ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock to us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xml:lang="en-US" id="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock">Income Tax Provision</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:to="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:title="label: ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock to us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xml:lang="en-US" id="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock">Reconciliation of Effective Income Tax Rate and Provision</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:title="label: ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock to us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="CommitmentsAndContingenciesDisclosureAbstract" xlink:title="CommitmentsAndContingenciesDisclosureAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xml:lang="en-US" id="us-gaap_CommitmentsAndContingenciesDisclosureAbstract">COMMITMENTS AND CONTINGENCIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:title="label: CommitmentsAndContingenciesDisclosureAbstract to us-gaap_CommitmentsAndContingenciesDisclosureAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="IncomeTaxDisclosureAbstract" xlink:title="IncomeTaxDisclosureAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncomeTaxDisclosureAbstract" xml:lang="en-US" id="us-gaap_IncomeTaxDisclosureAbstract">INCOME TAXES [Abstract]</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventsTextBlock" xml:lang="en-US" id="us-gaap_SubsequentEventsTextBlock">SUBSEQUENT EVENTS</link:label>
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    <link:label xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xml:lang="en-US" id="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">Equity Incentive Plan [Abstract]</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UseOfEstimates" xlink:label="UseOfEstimates" xlink:title="UseOfEstimates" />
    <link:label xlink:type="resource" xlink:label="us-gaap_UseOfEstimates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_UseOfEstimates" xml:lang="en-US" id="us-gaap_UseOfEstimates">Use of estimates</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="AccountingPoliciesAbstract" xlink:title="AccountingPoliciesAbstract" />
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    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xml:lang="en-US" id="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms">Outstanding, weighted average remaining contractual life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms to us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl1" xml:lang="en-US" id="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl1">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms to us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="PlanNameAxis" xlink:title="PlanNameAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PlanNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PlanNameAxis" xml:lang="en-US" id="us-gaap_PlanNameAxis">Plan Name [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlanNameAxis" xlink:to="us-gaap_PlanNameAxis" xlink:title="label: PlanNameAxis to us-gaap_PlanNameAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="PlanNameDomain" xlink:title="PlanNameDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PlanNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PlanNameDomain" xml:lang="en-US" id="us-gaap_PlanNameDomain">Plan Name [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlanNameDomain" xlink:to="us-gaap_PlanNameDomain" xlink:title="label: PlanNameDomain to us-gaap_PlanNameDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis" xlink:label="AwardTypeAxis" xlink:title="AwardTypeAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_AwardTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_AwardTypeAxis" xml:lang="en-US" id="us-gaap_AwardTypeAxis">Award Type [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AwardTypeAxis" xlink:to="us-gaap_AwardTypeAxis" xlink:title="label: AwardTypeAxis to us-gaap_AwardTypeAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember" xlink:label="SubsequentEventMember" xlink:title="SubsequentEventMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SubsequentEventMember" xml:lang="en-US" id="us-gaap_SubsequentEventMember">Subsequent Event [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember" xlink:title="label: SubsequentEventMember to us-gaap_SubsequentEventMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:title="NewAccountingPronouncementsPolicyPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xml:lang="en-US" id="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">Recent accounting pronouncements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:title="label: NewAccountingPronouncementsPolicyPolicyTextBlock to us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="ConcentrationRiskCreditRisk" xlink:title="ConcentrationRiskCreditRisk" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskCreditRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConcentrationRiskCreditRisk" xml:lang="en-US" id="us-gaap_ConcentrationRiskCreditRisk">Concentration and credit risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationRiskCreditRisk" xlink:to="us-gaap_ConcentrationRiskCreditRisk" xlink:title="label: ConcentrationRiskCreditRisk to us-gaap_ConcentrationRiskCreditRisk" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:title="ScheduleOfRelatedPartyTransactionsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xml:lang="en-US" id="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock">Transactions with Related Parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:title="label: ScheduleOfRelatedPartyTransactionsTableTextBlock to us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:title="EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xml:lang="en-US" id="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1">Weighted-average period over which unrecognized compensation is expected to be recognized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:title="label: EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 to us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="NumberOfOperatingSegments" xlink:title="NumberOfOperatingSegments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NumberOfOperatingSegments" xml:lang="en-US" id="us-gaap_NumberOfOperatingSegments">Number of operating segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOperatingSegments" xlink:to="us-gaap_NumberOfOperatingSegments" xlink:title="label: NumberOfOperatingSegments to us-gaap_NumberOfOperatingSegments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NumberOfReportableSegments" xlink:label="NumberOfReportableSegments" xlink:title="NumberOfReportableSegments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NumberOfReportableSegments" xml:lang="en-US" id="us-gaap_NumberOfReportableSegments">Number of reportable segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfReportableSegments" xlink:to="us-gaap_NumberOfReportableSegments" xlink:title="label: NumberOfReportableSegments to us-gaap_NumberOfReportableSegments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="ConcentrationRiskPercentage1" xlink:title="ConcentrationRiskPercentage1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ConcentrationRiskPercentage1" xml:lang="en-US" id="us-gaap_ConcentrationRiskPercentage1">Concentration risk, percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationRiskPercentage1" xlink:to="us-gaap_ConcentrationRiskPercentage1" xlink:title="label: ConcentrationRiskPercentage1 to us-gaap_ConcentrationRiskPercentage1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:title="OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xml:lang="en-US" id="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax">Foreign currency translation adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:title="label: OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax to us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="FairValueMeasurementPolicyPolicyTextBlock" xlink:title="FairValueMeasurementPolicyPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xml:lang="en-US" id="us-gaap_FairValueMeasurementPolicyPolicyTextBlock">Fair value measurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueMeasurementPolicyPolicyTextBlock" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:title="label: FairValueMeasurementPolicyPolicyTextBlock to us-gaap_FairValueMeasurementPolicyPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:label="DebtInstrumentConvertibleConversionPrice1" xlink:title="DebtInstrumentConvertibleConversionPrice1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_DebtInstrumentConvertibleConversionPrice1" xml:lang="en-US" id="us-gaap_DebtInstrumentConvertibleConversionPrice1">Conversion price (in dollars per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentConvertibleConversionPrice1" xlink:to="us-gaap_DebtInstrumentConvertibleConversionPrice1" xlink:title="label: DebtInstrumentConvertibleConversionPrice1 to us-gaap_DebtInstrumentConvertibleConversionPrice1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl1" xml:lang="en-US" id="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl1">Debt Instrument, Convertible, Conversion Price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentConvertibleConversionPrice1" xlink:to="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl1" xlink:title="label: DebtInstrumentConvertibleConversionPrice1 to us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="SharesIssuedPricePerShare" xlink:title="SharesIssuedPricePerShare" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SharesIssuedPricePerShare" xml:lang="en-US" id="us-gaap_SharesIssuedPricePerShare">Offering price per share (in dollars per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesIssuedPricePerShare" xlink:to="us-gaap_SharesIssuedPricePerShare" xlink:title="label: SharesIssuedPricePerShare to us-gaap_SharesIssuedPricePerShare" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:title="SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xml:lang="en-US" id="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod">Equity plan expiration period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:title="label: SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod to us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:label="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:title="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xml:lang="en-US" id="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract">Aggregate intrinsic value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" xlink:title="label: SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract to us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:label="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:title="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" />
    <link:label xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xml:lang="en-US" id="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding">Outstanding, aggregate intrinsic value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" xlink:title="label: SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding to us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="RelatedPartyTransactionAxis" xlink:title="RelatedPartyTransactionAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionAxis" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionAxis">Related Party Transaction [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionAxis" xlink:to="us-gaap_RelatedPartyTransactionAxis" xlink:title="label: RelatedPartyTransactionAxis to us-gaap_RelatedPartyTransactionAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="RelatedPartyTransactionDomain" xlink:title="RelatedPartyTransactionDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyTransactionDomain" xml:lang="en-US" id="us-gaap_RelatedPartyTransactionDomain">Related Party Transaction [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionDomain" xlink:to="us-gaap_RelatedPartyTransactionDomain" xlink:title="label: RelatedPartyTransactionDomain to us-gaap_RelatedPartyTransactionDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OverAllotmentOptionMember" xlink:label="OverAllotmentOptionMember" xlink:title="OverAllotmentOptionMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OverAllotmentOptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OverAllotmentOptionMember" xml:lang="en-US" id="us-gaap_OverAllotmentOptionMember">Over-Allotment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OverAllotmentOptionMember" xlink:to="us-gaap_OverAllotmentOptionMember" xlink:title="label: OverAllotmentOptionMember to us-gaap_OverAllotmentOptionMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:label="CommonStockSharesAuthorizedUnlimited" xlink:title="CommonStockSharesAuthorizedUnlimited" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CommonStockSharesAuthorizedUnlimited" xml:lang="en-US" id="us-gaap_CommonStockSharesAuthorizedUnlimited">Ordinary shares, authorized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonStockSharesAuthorizedUnlimited" xlink:to="us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:title="label: CommonStockSharesAuthorizedUnlimited to us-gaap_CommonStockSharesAuthorizedUnlimited" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="DeferredIncomeTaxAssetsNet" xlink:title="DeferredIncomeTaxAssetsNet" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxAssetsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_DeferredIncomeTaxAssetsNet" xml:lang="en-US" id="us-gaap_DeferredIncomeTaxAssetsNet">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxAssetsNet" xlink:to="us-gaap_DeferredIncomeTaxAssetsNet" xlink:title="label: DeferredIncomeTaxAssetsNet to us-gaap_DeferredIncomeTaxAssetsNet" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxAssetsNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DeferredIncomeTaxAssetsNet_lbl1" xml:lang="en-US" id="us-gaap_DeferredIncomeTaxAssetsNet_lbl1">Deferred Income Tax Assets, Net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxAssetsNet" xlink:to="us-gaap_DeferredIncomeTaxAssetsNet_lbl1" xlink:title="label: DeferredIncomeTaxAssetsNet to us-gaap_DeferredIncomeTaxAssetsNet_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:label="ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:title="ClassOfFinancingReceivableTypeOfBorrowerAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" xml:lang="en-US" id="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis">Type of Borrower [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:to="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:title="label: ClassOfFinancingReceivableTypeOfBorrowerAxis to us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:label="ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:title="ClassOfFinancingReceivableTypeOfBorrowerDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" xml:lang="en-US" id="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain">Class of Financing Receivable, Type of Borrower [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:to="us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:title="label: ClassOfFinancingReceivableTypeOfBorrowerDomain to us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstitutionsBorrowerMember" xlink:label="FinancialInstitutionsBorrowerMember" xlink:title="FinancialInstitutionsBorrowerMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_FinancialInstitutionsBorrowerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FinancialInstitutionsBorrowerMember" xml:lang="en-US" id="us-gaap_FinancialInstitutionsBorrowerMember">HONG CONG Financial Institution [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstitutionsBorrowerMember" xlink:to="us-gaap_FinancialInstitutionsBorrowerMember" xlink:title="label: FinancialInstitutionsBorrowerMember to us-gaap_FinancialInstitutionsBorrowerMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LeaseCostAbstract" xlink:label="LeaseCostAbstract" xlink:title="LeaseCostAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LeaseCostAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LeaseCostAbstract" xml:lang="en-US" id="us-gaap_LeaseCostAbstract">Components of Lease Costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseCostAbstract" xlink:to="us-gaap_LeaseCostAbstract" xlink:title="label: LeaseCostAbstract to us-gaap_LeaseCostAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseCost" xlink:label="OperatingLeaseCost" xlink:title="OperatingLeaseCost" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_OperatingLeaseCost" xml:lang="en-US" id="us-gaap_OperatingLeaseCost">Operating lease costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseCost" xlink:to="us-gaap_OperatingLeaseCost" xlink:title="label: OperatingLeaseCost to us-gaap_OperatingLeaseCost" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseCost1" xml:lang="en-US" id="us-gaap_OperatingLeaseCost1">Lease costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseCost" xlink:to="us-gaap_OperatingLeaseCost1" xlink:title="label: OperatingLeaseCost to us-gaap_OperatingLeaseCost1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisaggregationOfRevenueAbstract" xlink:label="DisaggregationOfRevenueAbstract" xlink:title="DisaggregationOfRevenueAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DisaggregationOfRevenueAbstract" xml:lang="en-US" id="us-gaap_DisaggregationOfRevenueAbstract">DISAGGREGATED REVENUE [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfRevenueAbstract" xlink:to="us-gaap_DisaggregationOfRevenueAbstract" xlink:title="label: DisaggregationOfRevenueAbstract to us-gaap_DisaggregationOfRevenueAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisaggregationOfRevenueTableTextBlock" xlink:label="DisaggregationOfRevenueTableTextBlock" xlink:title="DisaggregationOfRevenueTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DisaggregationOfRevenueTableTextBlock" xml:lang="en-US" id="us-gaap_DisaggregationOfRevenueTableTextBlock">Disaggregation of Revenue from Contracts with Customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfRevenueTableTextBlock" xlink:to="us-gaap_DisaggregationOfRevenueTableTextBlock" xlink:title="label: DisaggregationOfRevenueTableTextBlock to us-gaap_DisaggregationOfRevenueTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisaggregationOfRevenueTable" xlink:label="DisaggregationOfRevenueTable" xlink:title="DisaggregationOfRevenueTable" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DisaggregationOfRevenueTable" xml:lang="en-US" id="us-gaap_DisaggregationOfRevenueTable">Disaggregation of Revenue [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfRevenueTable" xlink:to="us-gaap_DisaggregationOfRevenueTable" xlink:title="label: DisaggregationOfRevenueTable to us-gaap_DisaggregationOfRevenueTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransferredOverTimeMember" xlink:label="TransferredOverTimeMember" xlink:title="TransferredOverTimeMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_TransferredOverTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TransferredOverTimeMember" xml:lang="en-US" id="us-gaap_TransferredOverTimeMember">Over Time [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferredOverTimeMember" xlink:to="us-gaap_TransferredOverTimeMember" xlink:title="label: TransferredOverTimeMember to us-gaap_TransferredOverTimeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisaggregationOfRevenueLineItems" xlink:label="DisaggregationOfRevenueLineItems" xlink:title="DisaggregationOfRevenueLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_DisaggregationOfRevenueLineItems" xml:lang="en-US" id="us-gaap_DisaggregationOfRevenueLineItems">Disaggregation of Revenue [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfRevenueLineItems" xlink:to="us-gaap_DisaggregationOfRevenueLineItems" xlink:title="label: DisaggregationOfRevenueLineItems to us-gaap_DisaggregationOfRevenueLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TimingOfTransferOfGoodOrServiceAxis" xlink:label="TimingOfTransferOfGoodOrServiceAxis" xlink:title="TimingOfTransferOfGoodOrServiceAxis" />
    <link:label xlink:type="resource" xlink:label="us-gaap_TimingOfTransferOfGoodOrServiceAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TimingOfTransferOfGoodOrServiceAxis" xml:lang="en-US" id="us-gaap_TimingOfTransferOfGoodOrServiceAxis">Timing of Transfer of Good or Service [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TimingOfTransferOfGoodOrServiceAxis" xlink:to="us-gaap_TimingOfTransferOfGoodOrServiceAxis" xlink:title="label: TimingOfTransferOfGoodOrServiceAxis to us-gaap_TimingOfTransferOfGoodOrServiceAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TimingOfTransferOfGoodOrServiceDomain" xlink:label="TimingOfTransferOfGoodOrServiceDomain" xlink:title="TimingOfTransferOfGoodOrServiceDomain" />
    <link:label xlink:type="resource" xlink:label="us-gaap_TimingOfTransferOfGoodOrServiceDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TimingOfTransferOfGoodOrServiceDomain" xml:lang="en-US" id="us-gaap_TimingOfTransferOfGoodOrServiceDomain">Timing of Transfer of Good or Service [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TimingOfTransferOfGoodOrServiceDomain" xlink:to="us-gaap_TimingOfTransferOfGoodOrServiceDomain" xlink:title="label: TimingOfTransferOfGoodOrServiceDomain to us-gaap_TimingOfTransferOfGoodOrServiceDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ChangeInContractWithCustomerAssetAbstract" xlink:label="ChangeInContractWithCustomerAssetAbstract" xlink:title="ChangeInContractWithCustomerAssetAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ChangeInContractWithCustomerAssetAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ChangeInContractWithCustomerAssetAbstract" xml:lang="en-US" id="us-gaap_ChangeInContractWithCustomerAssetAbstract">Contract asset [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangeInContractWithCustomerAssetAbstract" xlink:to="us-gaap_ChangeInContractWithCustomerAssetAbstract" xlink:title="label: ChangeInContractWithCustomerAssetAbstract to us-gaap_ChangeInContractWithCustomerAssetAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ChangeInContractWithCustomerLiabilityAbstract" xlink:label="ChangeInContractWithCustomerLiabilityAbstract" xlink:title="ChangeInContractWithCustomerLiabilityAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ChangeInContractWithCustomerLiabilityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ChangeInContractWithCustomerLiabilityAbstract" xml:lang="en-US" id="us-gaap_ChangeInContractWithCustomerLiabilityAbstract">Contract liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangeInContractWithCustomerLiabilityAbstract" xlink:to="us-gaap_ChangeInContractWithCustomerLiabilityAbstract" xlink:title="label: ChangeInContractWithCustomerLiabilityAbstract to us-gaap_ChangeInContractWithCustomerLiabilityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ContractWithCustomerAssetNetCurrent" xlink:label="ContractWithCustomerAssetNetCurrent" xlink:title="ContractWithCustomerAssetNetCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetNetCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ContractWithCustomerAssetNetCurrent" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetNetCurrent">Contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetNetCurrent" xlink:to="us-gaap_ContractWithCustomerAssetNetCurrent" xlink:title="label: ContractWithCustomerAssetNetCurrent to us-gaap_ContractWithCustomerAssetNetCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetNetCurrent1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_ContractWithCustomerAssetNetCurrent1" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetNetCurrent1">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetNetCurrent" xlink:to="us-gaap_ContractWithCustomerAssetNetCurrent1" xlink:title="label: ContractWithCustomerAssetNetCurrent to us-gaap_ContractWithCustomerAssetNetCurrent1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetNetCurrent2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_ContractWithCustomerAssetNetCurrent2" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetNetCurrent2">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetNetCurrent" xlink:to="us-gaap_ContractWithCustomerAssetNetCurrent2" xlink:title="label: ContractWithCustomerAssetNetCurrent to us-gaap_ContractWithCustomerAssetNetCurrent2" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetNetCurrent3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ContractWithCustomerAssetNetCurrent3" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetNetCurrent3">Contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetNetCurrent" xlink:to="us-gaap_ContractWithCustomerAssetNetCurrent3" xlink:title="label: ContractWithCustomerAssetNetCurrent to us-gaap_ContractWithCustomerAssetNetCurrent3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:label="RevenueFromContractWithCustomerTextBlock" xlink:title="RevenueFromContractWithCustomerTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RevenueFromContractWithCustomerTextBlock" xml:lang="en-US" id="us-gaap_RevenueFromContractWithCustomerTextBlock">DISAGGREGATED REVENUE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractWithCustomerTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:title="label: RevenueFromContractWithCustomerTextBlock to us-gaap_RevenueFromContractWithCustomerTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="ContractWithCustomerLiability" xlink:title="ContractWithCustomerLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_ContractWithCustomerLiability" xml:lang="en-US" id="us-gaap_ContractWithCustomerLiability">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiability" xlink:to="us-gaap_ContractWithCustomerLiability" xlink:title="label: ContractWithCustomerLiability to us-gaap_ContractWithCustomerLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_ContractWithCustomerLiability1" xml:lang="en-US" id="us-gaap_ContractWithCustomerLiability1">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiability" xlink:to="us-gaap_ContractWithCustomerLiability1" xlink:title="label: ContractWithCustomerLiability to us-gaap_ContractWithCustomerLiability1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ContractWithCustomerLiability2" xml:lang="en-US" id="us-gaap_ContractWithCustomerLiability2">Payables - Broker-dealer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiability" xlink:to="us-gaap_ContractWithCustomerLiability2" xlink:title="label: ContractWithCustomerLiability to us-gaap_ContractWithCustomerLiability2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="OperatingLeaseRightOfUseAsset" xlink:title="OperatingLeaseRightOfUseAsset" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseRightOfUseAsset" xml:lang="en-US" id="us-gaap_OperatingLeaseRightOfUseAsset">Operating lease right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseRightOfUseAsset" xlink:to="us-gaap_OperatingLeaseRightOfUseAsset" xlink:title="label: OperatingLeaseRightOfUseAsset to us-gaap_OperatingLeaseRightOfUseAsset" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract" xlink:label="OperatingLeaseLiabilitiesPaymentsDueAbstract" xlink:title="OperatingLeaseLiabilitiesPaymentsDueAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract" xml:lang="en-US" id="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract">Future Maturity of Lease Liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiabilitiesPaymentsDueAbstract" xlink:to="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract" xlink:title="label: OperatingLeaseLiabilitiesPaymentsDueAbstract to us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransferredAtPointInTimeMember" xlink:label="TransferredAtPointInTimeMember" xlink:title="TransferredAtPointInTimeMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_TransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_TransferredAtPointInTimeMember" xml:lang="en-US" id="us-gaap_TransferredAtPointInTimeMember">Point in Time [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferredAtPointInTimeMember" xlink:to="us-gaap_TransferredAtPointInTimeMember" xlink:title="label: TransferredAtPointInTimeMember to us-gaap_TransferredAtPointInTimeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerMember" xlink:label="RevenueFromContractWithCustomerMember" xlink:title="RevenueFromContractWithCustomerMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RevenueFromContractWithCustomerMember" xml:lang="en-US" id="us-gaap_RevenueFromContractWithCustomerMember">Revenue [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractWithCustomerMember" xlink:to="us-gaap_RevenueFromContractWithCustomerMember" xlink:title="label: RevenueFromContractWithCustomerMember to us-gaap_RevenueFromContractWithCustomerMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeLeaseDescriptionTable" xlink:label="LesseeLeaseDescriptionTable" xlink:title="LesseeLeaseDescriptionTable" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeLeaseDescriptionTable" xml:lang="en-US" id="us-gaap_LesseeLeaseDescriptionTable">Lessee, Lease, Description [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeLeaseDescriptionTable" xlink:to="us-gaap_LesseeLeaseDescriptionTable" xlink:title="label: LesseeLeaseDescriptionTable to us-gaap_LesseeLeaseDescriptionTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeLeaseDescriptionLineItems" xlink:label="LesseeLeaseDescriptionLineItems" xlink:title="LesseeLeaseDescriptionLineItems" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeLeaseDescriptionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeLeaseDescriptionLineItems" xml:lang="en-US" id="us-gaap_LesseeLeaseDescriptionLineItems">Lessee, Lease, Description [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeLeaseDescriptionLineItems" xlink:to="us-gaap_LesseeLeaseDescriptionLineItems" xlink:title="label: LesseeLeaseDescriptionLineItems to us-gaap_LesseeLeaseDescriptionLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseDescriptionAbstract" xlink:label="LesseeOperatingLeaseDescriptionAbstract" xlink:title="LesseeOperatingLeaseDescriptionAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseDescriptionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeaseDescriptionAbstract" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseDescriptionAbstract">Operating Lease [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseDescriptionAbstract" xlink:to="us-gaap_LesseeOperatingLeaseDescriptionAbstract" xlink:title="label: LesseeOperatingLeaseDescriptionAbstract to us-gaap_LesseeOperatingLeaseDescriptionAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:title="EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xml:lang="en-US" id="us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents">Effect of exchange rate changes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:title="label: EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:title="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect">Net increase (decrease) in cash, cash equivalents and cash segregated under regulatory requirements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl1" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl1">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl1" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:title="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents">Cash, cash equivalents and cash segregated under regulatory requirements at the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents1" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents1">Cash, cash equivalents and cash segregated under regulatory requirements at the end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents1" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2">Cash, cash equivalents and cash segregated for regulatory requirements at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2" />
    <link:label xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl3" xml:lang="en-US" id="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl3">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl3" xlink:title="label: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents to us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeasePayments" xlink:label="OperatingLeasePayments" xlink:title="OperatingLeasePayments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeasePayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeasePayments" xml:lang="en-US" id="us-gaap_OperatingLeasePayments">Operating cash flows from operating leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeasePayments" xlink:to="us-gaap_OperatingLeasePayments" xlink:title="label: OperatingLeasePayments to us-gaap_OperatingLeasePayments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinanceLeasePrincipalPayments" xlink:label="FinanceLeasePrincipalPayments" xlink:title="FinanceLeasePrincipalPayments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_FinanceLeasePrincipalPayments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_FinanceLeasePrincipalPayments" xml:lang="en-US" id="us-gaap_FinanceLeasePrincipalPayments">Principal payment for finance lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasePrincipalPayments" xlink:to="us-gaap_FinanceLeasePrincipalPayments" xlink:title="label: FinanceLeasePrincipalPayments to us-gaap_FinanceLeasePrincipalPayments" />
    <link:label xlink:type="resource" xlink:label="us-gaap_FinanceLeasePrincipalPayments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_FinanceLeasePrincipalPayments_lbl1" xml:lang="en-US" id="us-gaap_FinanceLeasePrincipalPayments_lbl1">Finance Lease, Principal Payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeasePrincipalPayments" xlink:to="us-gaap_FinanceLeasePrincipalPayments_lbl1" xlink:title="label: FinanceLeasePrincipalPayments to us-gaap_FinanceLeasePrincipalPayments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:label="RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:title="RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xml:lang="en-US" id="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability">Obtaining operating right-of-use assets in exchange for operating lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:to="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:title="label: RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability to us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:label="OperatingLeaseWeightedAverageDiscountRatePercent" xlink:title="OperatingLeaseWeightedAverageDiscountRatePercent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xml:lang="en-US" id="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent">Weighted-average discount rate, Operating leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseWeightedAverageDiscountRatePercent" xlink:to="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:title="label: OperatingLeaseWeightedAverageDiscountRatePercent to us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:title="LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths">Remainder of fiscal year ending March 31, 2026</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:title="label: LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths to us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:label="LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:title="LesseeOperatingLeaseLiabilityMaturityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock">Future Maturity of Lease Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:title="label: LesseeOperatingLeaseLiabilityMaturityTableTextBlock to us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract" xlink:label="ChangeInContractWithCustomerAssetAndLiabilityAbstract" xlink:title="ChangeInContractWithCustomerAssetAndLiabilityAbstract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract" xml:lang="en-US" id="us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract">Contract Assets and Liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangeInContractWithCustomerAssetAndLiabilityAbstract" xlink:to="us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract" xlink:title="label: ChangeInContractWithCustomerAssetAndLiabilityAbstract to us-gaap_ChangeInContractWithCustomerAssetAndLiabilityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability" xlink:label="OperatingLeaseLiability" xlink:title="OperatingLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="us-gaap_OperatingLeaseLiability" xml:lang="en-US" id="us-gaap_OperatingLeaseLiability">Present value of lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability" xlink:title="label: OperatingLeaseLiability to us-gaap_OperatingLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseLiability_lbl1" xml:lang="en-US" id="us-gaap_OperatingLeaseLiability_lbl1">Operating Lease, Liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_lbl1" xlink:title="label: OperatingLeaseLiability to us-gaap_OperatingLeaseLiability_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityCurrent" xlink:label="OperatingLeaseLiabilityCurrent" xlink:title="OperatingLeaseLiabilityCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="us-gaap_OperatingLeaseLiabilityCurrent" xml:lang="en-US" id="us-gaap_OperatingLeaseLiabilityCurrent">Operating lease liabilities, current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiabilityCurrent" xlink:to="us-gaap_OperatingLeaseLiabilityCurrent" xlink:title="label: OperatingLeaseLiabilityCurrent to us-gaap_OperatingLeaseLiabilityCurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityCurrent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseLiabilityCurrent_lbl1" xml:lang="en-US" id="us-gaap_OperatingLeaseLiabilityCurrent_lbl1">Operating Lease, Liability, Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiabilityCurrent" xlink:to="us-gaap_OperatingLeaseLiabilityCurrent_lbl1" xlink:title="label: OperatingLeaseLiabilityCurrent to us-gaap_OperatingLeaseLiabilityCurrent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:label="LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:title="LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount">Less: interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:title="label: LesseeOperatingLeaseLiabilityUndiscountedExcessAmount to us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl1" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl1">Lessee, Operating Lease, Liability, Undiscounted Excess Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl1" xlink:title="label: LesseeOperatingLeaseLiabilityUndiscountedExcessAmount to us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:label="OperatingLeaseLiabilityNoncurrent" xlink:title="OperatingLeaseLiabilityNoncurrent" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseLiabilityNoncurrent" xml:lang="en-US" id="us-gaap_OperatingLeaseLiabilityNoncurrent">Operating lease liabilities, non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseLiabilityNoncurrent" xlink:to="us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:title="label: OperatingLeaseLiabilityNoncurrent to us-gaap_OperatingLeaseLiabilityNoncurrent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:label="ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:title="ContractWithCustomerAssetAndLiabilityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock">Contract Assets and Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:to="us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:title="label: ContractWithCustomerAssetAndLiabilityTableTextBlock to us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LeaseCostTableTextBlock" xlink:label="LeaseCostTableTextBlock" xlink:title="LeaseCostTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LeaseCostTableTextBlock" xml:lang="en-US" id="us-gaap_LeaseCostTableTextBlock">Components of Lease Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseCostTableTextBlock" xlink:to="us-gaap_LeaseCostTableTextBlock" xlink:title="label: LeaseCostTableTextBlock to us-gaap_LeaseCostTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeasesTextBlock" xlink:label="LesseeOperatingLeasesTextBlock" xlink:title="LesseeOperatingLeasesTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeasesTextBlock" xml:lang="en-US" id="us-gaap_LesseeOperatingLeasesTextBlock">LEASES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeasesTextBlock" xlink:to="us-gaap_LesseeOperatingLeasesTextBlock" xlink:title="label: LesseeOperatingLeasesTextBlock to us-gaap_LesseeOperatingLeasesTextBlock" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:label="OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:title="OperatingLeaseWeightedAverageRemainingLeaseTerm1" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xml:lang="en-US" id="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1">Weighted-average remaining lease term, Operating leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:to="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:title="label: OperatingLeaseWeightedAverageRemainingLeaseTerm1 to us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseTermOfContract" xlink:label="LesseeOperatingLeaseTermOfContract" xlink:title="LesseeOperatingLeaseTermOfContract" />
    <link:label xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseTermOfContract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_LesseeOperatingLeaseTermOfContract" xml:lang="en-US" id="us-gaap_LesseeOperatingLeaseTermOfContract">Lease term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseTermOfContract" xlink:to="us-gaap_LesseeOperatingLeaseTermOfContract" xlink:title="label: LesseeOperatingLeaseTermOfContract to us-gaap_LesseeOperatingLeaseTermOfContract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:label="RevenueFromContractWithCustomerPolicyTextBlock" xlink:title="RevenueFromContractWithCustomerPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xml:lang="en-US" id="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock">Contract assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractWithCustomerPolicyTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:title="label: RevenueFromContractWithCustomerPolicyTextBlock to us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl1" xml:lang="en-US" id="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl1">Revenue from Contract with Customer [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromContractWithCustomerPolicyTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl1" xlink:title="label: RevenueFromContractWithCustomerPolicyTextBlock to us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShippingAndHandlingMember" xlink:label="ShippingAndHandlingMember" xlink:title="ShippingAndHandlingMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ShippingAndHandlingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ShippingAndHandlingMember" xml:lang="en-US" id="us-gaap_ShippingAndHandlingMember">Handling Charge Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShippingAndHandlingMember" xlink:to="us-gaap_ShippingAndHandlingMember" xlink:title="label: ShippingAndHandlingMember to us-gaap_ShippingAndHandlingMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquitySecuritiesFvNi" xlink:label="EquitySecuritiesFvNi" xlink:title="EquitySecuritiesFvNi" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquitySecuritiesFvNi" xml:lang="en-US" id="us-gaap_EquitySecuritiesFvNi">Investment securities, at NAV</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesFvNi" xlink:to="us-gaap_EquitySecuritiesFvNi" xlink:title="label: EquitySecuritiesFvNi to us-gaap_EquitySecuritiesFvNi" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquitySecuritiesFvNiUnrealizedLoss" xlink:label="EquitySecuritiesFvNiUnrealizedLoss" xlink:title="EquitySecuritiesFvNiUnrealizedLoss" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNiUnrealizedLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquitySecuritiesFvNiUnrealizedLoss" xml:lang="en-US" id="us-gaap_EquitySecuritiesFvNiUnrealizedLoss">Exposure to loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesFvNiUnrealizedLoss" xlink:to="us-gaap_EquitySecuritiesFvNiUnrealizedLoss" xlink:title="label: EquitySecuritiesFvNiUnrealizedLoss to us-gaap_EquitySecuritiesFvNiUnrealizedLoss" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:label="ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:title="ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease">Net change to contract balance recognized since beginning of period due to recognition of revenue and amounts billed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:to="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:title="label: ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease to us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" />
    <link:label xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease1" xml:lang="en-US" id="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease1">Software licensing and related support services revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease" xlink:to="us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease1" xlink:title="label: ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease to us-gaap_ContractWithCustomerAssetAllowanceForCreditLossPeriodIncreaseDecrease1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:label="OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:title="OperatingLeaseRightOfUseAssetAmortizationExpense" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" xml:lang="en-US" id="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense">Amortization of operating right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:to="us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:title="label: OperatingLeaseRightOfUseAssetAmortizationExpense to us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOperatingLeaseLiability" xlink:label="IncreaseDecreaseInOperatingLeaseLiability" xlink:title="IncreaseDecreaseInOperatingLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingLeaseLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_IncreaseDecreaseInOperatingLeaseLiability" xml:lang="en-US" id="us-gaap_IncreaseDecreaseInOperatingLeaseLiability">Operating lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInOperatingLeaseLiability" xlink:to="us-gaap_IncreaseDecreaseInOperatingLeaseLiability" xlink:title="label: IncreaseDecreaseInOperatingLeaseLiability to us-gaap_IncreaseDecreaseInOperatingLeaseLiability" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireEquitySecuritiesFvNi" xlink:label="PaymentsToAcquireEquitySecuritiesFvNi" xlink:title="PaymentsToAcquireEquitySecuritiesFvNi" />
    <link:label xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireEquitySecuritiesFvNi" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_PaymentsToAcquireEquitySecuritiesFvNi" xml:lang="en-US" id="us-gaap_PaymentsToAcquireEquitySecuritiesFvNi">Investment in membership interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireEquitySecuritiesFvNi" xlink:to="us-gaap_PaymentsToAcquireEquitySecuritiesFvNi" xlink:title="label: PaymentsToAcquireEquitySecuritiesFvNi to us-gaap_PaymentsToAcquireEquitySecuritiesFvNi" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:label="EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:title="EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xml:lang="en-US" id="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee">Aggregate ownership percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:to="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:title="label: EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee to us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" />
    <link:label xlink:type="resource" xlink:label="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee_lbl1" xml:lang="en-US" id="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee_lbl1">Equity Ownership, Excluding Consolidated Entity and Equity Method Investee, Percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee" xlink:to="us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee_lbl1" xlink:title="label: EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee to us-gaap_EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="RelatedPartyMember" xlink:title="RelatedPartyMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_RelatedPartyMember" xml:lang="en-US" id="us-gaap_RelatedPartyMember">Related Party [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyMember" xlink:to="us-gaap_RelatedPartyMember" xlink:title="label: RelatedPartyMember to us-gaap_RelatedPartyMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonrelatedPartyMember" xlink:label="NonrelatedPartyMember" xlink:title="NonrelatedPartyMember" />
    <link:label xlink:type="resource" xlink:label="us-gaap_NonrelatedPartyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_NonrelatedPartyMember" xml:lang="en-US" id="us-gaap_NonrelatedPartyMember">Nonrelated Party [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonrelatedPartyMember" xlink:to="us-gaap_NonrelatedPartyMember" xlink:title="label: NonrelatedPartyMember to us-gaap_NonrelatedPartyMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xlink:label="OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xlink:title="OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" />
    <link:label xlink:type="resource" xlink:label="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xml:lang="en-US" id="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration">Other Liability, Current, Related Party [Extensible Enumeration]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xlink:to="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" xlink:title="label: OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration to us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseOperating" xlink:label="InterestExpenseOperating" xlink:title="InterestExpenseOperating" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestExpenseOperating" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="us-gaap_InterestExpenseOperating" xml:lang="en-US" id="us-gaap_InterestExpenseOperating">Interest expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOperating" xlink:to="us-gaap_InterestExpenseOperating" xlink:title="label: InterestExpenseOperating to us-gaap_InterestExpenseOperating" />
    <link:label xlink:type="resource" xlink:label="us-gaap_InterestExpenseOperating1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="us-gaap_InterestExpenseOperating1" xml:lang="en-US" id="us-gaap_InterestExpenseOperating1">Interest expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOperating" xlink:to="us-gaap_InterestExpenseOperating1" xlink:title="label: InterestExpenseOperating to us-gaap_InterestExpenseOperating1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ChangesInNAVOfInvestmentSecurities" xlink:label="ChangesInNAVOfInvestmentSecurities" xlink:title="ChangesInNAVOfInvestmentSecurities" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CommissionsAndBrokerageFees" xlink:label="CommissionsAndBrokerageFees" xlink:title="CommissionsAndBrokerageFees" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_IncomeTaxDisclosureTable" xlink:label="IncomeTaxDisclosureTable" xlink:title="IncomeTaxDisclosureTable" />
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    <link:label xlink:type="resource" xlink:label="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl" xml:lang="en-US" id="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl">The amount of income tax expense or benefit for the period computed by applying the statutory tax rates to pretax income from continuing operations.</link:label>
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    <link:label xlink:type="resource" xlink:label="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl1" xml:lang="en-US" id="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl1">Effective Income Tax Rate Reconciliation at Statutory Income Tax Rate, Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" xlink:to="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl1" xlink:title="label: IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate to wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" xml:lang="en-US" id="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate">Tax at applicable income tax rate (16.5%)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" xlink:to="wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" xlink:title="label: IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate to wtf_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtStatutoryIncomeTaxRate" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:label="EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:title="EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl">Percentage of statutory tax rate applicable to pretax income (loss).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl" xlink:title="label: EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent to wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl1" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl1">Effective Income Tax Rate Reconciliation, at Statutory Income Tax Rate, Percent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl1" xlink:title="label: EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent to wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent">Statutory tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" xlink:title="label: EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent to wtf_EffectiveIncomeTaxRateReconciliationAtStatutoryIncomeTaxRatePercent" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:label="EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:title="EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl">Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to tax losses not recognized.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl" xlink:title="label: EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount to wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl1" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl1">Effective Income Tax Rate Reconciliation, Tax Losses Not Recognized, Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl1" xlink:title="label: EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount to wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xml:lang="en-US" id="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount">Tax effect on tax losses not recognized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:to="wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" xlink:title="label: EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount to wtf_EffectiveIncomeTaxRateReconciliationTaxLossesNotRecognizedAmount" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MinimumVotingRightsPercentage" xlink:label="MinimumVotingRightsPercentage" xlink:title="MinimumVotingRightsPercentage" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumVotingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MinimumVotingRightsPercentage_lbl" xml:lang="en-US" id="wtf_MinimumVotingRightsPercentage_lbl">The minimum voting rights percentage required to control the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumVotingRightsPercentage" xlink:to="wtf_MinimumVotingRightsPercentage_lbl" xlink:title="label: MinimumVotingRightsPercentage to wtf_MinimumVotingRightsPercentage_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumVotingRightsPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MinimumVotingRightsPercentage_lbl1" xml:lang="en-US" id="wtf_MinimumVotingRightsPercentage_lbl1">Minimum Voting Rights Percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumVotingRightsPercentage" xlink:to="wtf_MinimumVotingRightsPercentage_lbl1" xlink:title="label: MinimumVotingRightsPercentage to wtf_MinimumVotingRightsPercentage_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumVotingRightsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MinimumVotingRightsPercentage" xml:lang="en-US" id="wtf_MinimumVotingRightsPercentage">Minimum voting rights percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumVotingRightsPercentage" xlink:to="wtf_MinimumVotingRightsPercentage" xlink:title="label: MinimumVotingRightsPercentage to wtf_MinimumVotingRightsPercentage" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonSecuritiesInternationalLtdMember" xlink:label="WatonSecuritiesInternationalLtdMember" xlink:title="WatonSecuritiesInternationalLtdMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLtdMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonSecuritiesInternationalLtdMember_lbl" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLtdMember_lbl">Waton Securities International Limited provides brokerage, clearing and settlement services for Hong Kong, China and U.S. stock markets and one-stop IT solutions for brokerage firms.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLtdMember" xlink:to="wtf_WatonSecuritiesInternationalLtdMember_lbl" xlink:title="label: WatonSecuritiesInternationalLtdMember to wtf_WatonSecuritiesInternationalLtdMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLtdMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonSecuritiesInternationalLtdMember_lbl1" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLtdMember_lbl1">Waton Securities International Ltd [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLtdMember" xlink:to="wtf_WatonSecuritiesInternationalLtdMember_lbl1" xlink:title="label: WatonSecuritiesInternationalLtdMember to wtf_WatonSecuritiesInternationalLtdMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLtdMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="wtf_WatonSecuritiesInternationalLtdMember" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLtdMember">WSI [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLtdMember" xlink:to="wtf_WatonSecuritiesInternationalLtdMember" xlink:title="label: WatonSecuritiesInternationalLtdMember to wtf_WatonSecuritiesInternationalLtdMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_OtherShareholderMember" xlink:label="OtherShareholderMember" xlink:title="OtherShareholderMember" />
    <link:label xlink:type="resource" xlink:label="wtf_OtherShareholderMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_OtherShareholderMember_lbl" xml:lang="en-US" id="wtf_OtherShareholderMember_lbl">The other shareholder who is having equity interest in the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShareholderMember" xlink:to="wtf_OtherShareholderMember_lbl" xlink:title="label: OtherShareholderMember to wtf_OtherShareholderMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_OtherShareholderMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_OtherShareholderMember_lbl1" xml:lang="en-US" id="wtf_OtherShareholderMember_lbl1">Other Shareholder [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShareholderMember" xlink:to="wtf_OtherShareholderMember_lbl1" xlink:title="label: OtherShareholderMember to wtf_OtherShareholderMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_BrokerageAndCommissionIncomeAbstract" xlink:label="BrokerageAndCommissionIncomeAbstract" xlink:title="BrokerageAndCommissionIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_BrokerageAndCommissionIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_BrokerageAndCommissionIncomeAbstract_lbl1" xml:lang="en-US" id="wtf_BrokerageAndCommissionIncomeAbstract_lbl1">Brokerage and Commission Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageAndCommissionIncomeAbstract" xlink:to="wtf_BrokerageAndCommissionIncomeAbstract_lbl1" xlink:title="label: BrokerageAndCommissionIncomeAbstract to wtf_BrokerageAndCommissionIncomeAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_BrokerageAndCommissionIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_BrokerageAndCommissionIncomeAbstract" xml:lang="en-US" id="wtf_BrokerageAndCommissionIncomeAbstract">Brokerage and Commission Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageAndCommissionIncomeAbstract" xlink:to="wtf_BrokerageAndCommissionIncomeAbstract" xlink:title="label: BrokerageAndCommissionIncomeAbstract to wtf_BrokerageAndCommissionIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_BondDistributionCommissionIncome" xlink:label="BondDistributionCommissionIncome" xlink:title="BondDistributionCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="wtf_BondDistributionCommissionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_BondDistributionCommissionIncome_lbl" xml:lang="en-US" id="wtf_BondDistributionCommissionIncome_lbl">Amount of commission revenue from buying and selling securities, bond distribution commission income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondDistributionCommissionIncome" xlink:to="wtf_BondDistributionCommissionIncome_lbl" xlink:title="label: BondDistributionCommissionIncome to wtf_BondDistributionCommissionIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_BondDistributionCommissionIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_BondDistributionCommissionIncome_lbl1" xml:lang="en-US" id="wtf_BondDistributionCommissionIncome_lbl1">Bond Distribution Commission Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondDistributionCommissionIncome" xlink:to="wtf_BondDistributionCommissionIncome_lbl1" xlink:title="label: BondDistributionCommissionIncome to wtf_BondDistributionCommissionIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_BondDistributionCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_BondDistributionCommissionIncome" xml:lang="en-US" id="wtf_BondDistributionCommissionIncome">Bond distribution commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondDistributionCommissionIncome" xlink:to="wtf_BondDistributionCommissionIncome" xlink:title="label: BondDistributionCommissionIncome to wtf_BondDistributionCommissionIncome" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginFinancingServicesAbstract" xlink:label="MarginFinancingServicesAbstract" xlink:title="MarginFinancingServicesAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginFinancingServicesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginFinancingServicesAbstract_lbl1" xml:lang="en-US" id="wtf_MarginFinancingServicesAbstract_lbl1">Margin Financing Services [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginFinancingServicesAbstract" xlink:to="wtf_MarginFinancingServicesAbstract_lbl1" xlink:title="label: MarginFinancingServicesAbstract to wtf_MarginFinancingServicesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginFinancingServicesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginFinancingServicesAbstract" xml:lang="en-US" id="wtf_MarginFinancingServicesAbstract">Margin Financing Services [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginFinancingServicesAbstract" xlink:to="wtf_MarginFinancingServicesAbstract" xlink:title="label: MarginFinancingServicesAbstract to wtf_MarginFinancingServicesAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginFinancingServicesInterestIncome" xlink:label="MarginFinancingServicesInterestIncome" xlink:title="MarginFinancingServicesInterestIncome" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginFinancingServicesInterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MarginFinancingServicesInterestIncome_lbl" xml:lang="en-US" id="wtf_MarginFinancingServicesInterestIncome_lbl">Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginFinancingServicesInterestIncome" xlink:to="wtf_MarginFinancingServicesInterestIncome_lbl" xlink:title="label: MarginFinancingServicesInterestIncome to wtf_MarginFinancingServicesInterestIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginFinancingServicesInterestIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginFinancingServicesInterestIncome_lbl1" xml:lang="en-US" id="wtf_MarginFinancingServicesInterestIncome_lbl1">Margin Financing Services Interest Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginFinancingServicesInterestIncome" xlink:to="wtf_MarginFinancingServicesInterestIncome_lbl1" xlink:title="label: MarginFinancingServicesInterestIncome to wtf_MarginFinancingServicesInterestIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginFinancingServicesInterestIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginFinancingServicesInterestIncome" xml:lang="en-US" id="wtf_MarginFinancingServicesInterestIncome">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginFinancingServicesInterestIncome" xlink:to="wtf_MarginFinancingServicesInterestIncome" xlink:title="label: MarginFinancingServicesInterestIncome to wtf_MarginFinancingServicesInterestIncome" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MaintenanceAndSupportMember" xlink:label="MaintenanceAndSupportMember" xlink:title="MaintenanceAndSupportMember" />
    <link:label xlink:type="resource" xlink:label="wtf_MaintenanceAndSupportMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MaintenanceAndSupportMember_lbl" xml:lang="en-US" id="wtf_MaintenanceAndSupportMember_lbl">WSI's and WTI's contracts typically involve the sales of on-premise licenses ("software licensing"), and often bundled with maintenance and support ("M&amp;S") services, which are typically capable of being distinct. If goods or services are determined to be distinct, they are accounted for as separate performance obligations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceAndSupportMember" xlink:to="wtf_MaintenanceAndSupportMember_lbl" xlink:title="label: MaintenanceAndSupportMember to wtf_MaintenanceAndSupportMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MaintenanceAndSupportMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MaintenanceAndSupportMember_lbl1" xml:lang="en-US" id="wtf_MaintenanceAndSupportMember_lbl1">Maintenance and Support [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceAndSupportMember" xlink:to="wtf_MaintenanceAndSupportMember_lbl1" xlink:title="label: MaintenanceAndSupportMember to wtf_MaintenanceAndSupportMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MaintenanceAndSupportMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MaintenanceAndSupportMember" xml:lang="en-US" id="wtf_MaintenanceAndSupportMember">Maintenance and Support [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceAndSupportMember" xlink:to="wtf_MaintenanceAndSupportMember" xlink:title="label: MaintenanceAndSupportMember to wtf_MaintenanceAndSupportMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SoftwareLicenseMember" xlink:label="SoftwareLicenseMember" xlink:title="SoftwareLicenseMember" />
    <link:label xlink:type="resource" xlink:label="wtf_SoftwareLicenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_SoftwareLicenseMember_lbl" xml:lang="en-US" id="wtf_SoftwareLicenseMember_lbl">WSI's and WTI's contracts typically involve the sales of on-premise licenses ("software licensing"), and often bundled with maintenance and support ("M&amp;S") services, which are typically capable of being distinct. If goods or services are determined to be distinct, they are accounted for as separate performance obligations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicenseMember" xlink:to="wtf_SoftwareLicenseMember_lbl" xlink:title="label: SoftwareLicenseMember to wtf_SoftwareLicenseMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_SoftwareLicenseMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SoftwareLicenseMember_lbl1" xml:lang="en-US" id="wtf_SoftwareLicenseMember_lbl1">Software License [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicenseMember" xlink:to="wtf_SoftwareLicenseMember_lbl1" xlink:title="label: SoftwareLicenseMember to wtf_SoftwareLicenseMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SoftwareLicenseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SoftwareLicenseMember" xml:lang="en-US" id="wtf_SoftwareLicenseMember">Software License [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicenseMember" xlink:to="wtf_SoftwareLicenseMember" xlink:title="label: SoftwareLicenseMember to wtf_SoftwareLicenseMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_OtherSourcesOfRevenueAbstract" xlink:label="OtherSourcesOfRevenueAbstract" xlink:title="OtherSourcesOfRevenueAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_OtherSourcesOfRevenueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_OtherSourcesOfRevenueAbstract_lbl1" xml:lang="en-US" id="wtf_OtherSourcesOfRevenueAbstract_lbl1">Other Sources of Revenue [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherSourcesOfRevenueAbstract" xlink:to="wtf_OtherSourcesOfRevenueAbstract_lbl1" xlink:title="label: OtherSourcesOfRevenueAbstract to wtf_OtherSourcesOfRevenueAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_OtherSourcesOfRevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_OtherSourcesOfRevenueAbstract" xml:lang="en-US" id="wtf_OtherSourcesOfRevenueAbstract">Other Sources of Revenue [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherSourcesOfRevenueAbstract" xlink:to="wtf_OtherSourcesOfRevenueAbstract" xlink:title="label: OtherSourcesOfRevenueAbstract to wtf_OtherSourcesOfRevenueAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:label="OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:title="OrganizationConsolidationAndPresentationOfFinancialStatementsTable" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl">Disclosure of information about entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsTable to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl1" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl1">Organization Consolidation And Presentation Of Financial Statements [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl1" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsTable to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable">Organization Consolidation and Presentation of Financial Statements [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsTable to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:label="OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:title="OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl1" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl1">Organization Consolidation And Presentation Of Financial Statements [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl1" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xml:lang="en-US" id="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems">Organization Consolidation and Presentation of Financial Statements [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:to="wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:title="label: OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems to wtf_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SubsidiariesInformationAbstract" xlink:label="SubsidiariesInformationAbstract" xlink:title="SubsidiariesInformationAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_SubsidiariesInformationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SubsidiariesInformationAbstract_lbl1" xml:lang="en-US" id="wtf_SubsidiariesInformationAbstract_lbl1">Subsidiaries Information [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesInformationAbstract" xlink:to="wtf_SubsidiariesInformationAbstract_lbl1" xlink:title="label: SubsidiariesInformationAbstract to wtf_SubsidiariesInformationAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SubsidiariesInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SubsidiariesInformationAbstract" xml:lang="en-US" id="wtf_SubsidiariesInformationAbstract">Subsidiaries Information [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesInformationAbstract" xlink:to="wtf_SubsidiariesInformationAbstract" xlink:title="label: SubsidiariesInformationAbstract to wtf_SubsidiariesInformationAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonTechnologyInternationalLimitedMember" xlink:label="WatonTechnologyInternationalLimitedMember" xlink:title="WatonTechnologyInternationalLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonTechnologyInternationalLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonTechnologyInternationalLimitedMember_lbl" xml:lang="en-US" id="wtf_WatonTechnologyInternationalLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonTechnologyInternationalLimitedMember" xlink:to="wtf_WatonTechnologyInternationalLimitedMember_lbl" xlink:title="label: WatonTechnologyInternationalLimitedMember to wtf_WatonTechnologyInternationalLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonTechnologyInternationalLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonTechnologyInternationalLimitedMember_lbl1" xml:lang="en-US" id="wtf_WatonTechnologyInternationalLimitedMember_lbl1">Waton Technology International Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonTechnologyInternationalLimitedMember" xlink:to="wtf_WatonTechnologyInternationalLimitedMember_lbl1" xlink:title="label: WatonTechnologyInternationalLimitedMember to wtf_WatonTechnologyInternationalLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonTechnologyInternationalLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WatonTechnologyInternationalLimitedMember" xml:lang="en-US" id="wtf_WatonTechnologyInternationalLimitedMember">Waton Technology International Limited ("WTI") [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonTechnologyInternationalLimitedMember" xlink:to="wtf_WatonTechnologyInternationalLimitedMember" xlink:title="label: WatonTechnologyInternationalLimitedMember to wtf_WatonTechnologyInternationalLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_DescartLimitedMember" xlink:label="DescartLimitedMember" xlink:title="DescartLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_DescartLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_DescartLimitedMember_lbl" xml:lang="en-US" id="wtf_DescartLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescartLimitedMember" xlink:to="wtf_DescartLimitedMember_lbl" xlink:title="label: DescartLimitedMember to wtf_DescartLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_DescartLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_DescartLimitedMember_lbl1" xml:lang="en-US" id="wtf_DescartLimitedMember_lbl1">Descart Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescartLimitedMember" xlink:to="wtf_DescartLimitedMember_lbl1" xlink:title="label: DescartLimitedMember to wtf_DescartLimitedMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonSponsorLimitedMember" xlink:label="WatonSponsorLimitedMember" xlink:title="WatonSponsorLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSponsorLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonSponsorLimitedMember_lbl" xml:lang="en-US" id="wtf_WatonSponsorLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSponsorLimitedMember" xlink:to="wtf_WatonSponsorLimitedMember_lbl" xlink:title="label: WatonSponsorLimitedMember to wtf_WatonSponsorLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSponsorLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonSponsorLimitedMember_lbl1" xml:lang="en-US" id="wtf_WatonSponsorLimitedMember_lbl1">Waton Sponsor Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSponsorLimitedMember" xlink:to="wtf_WatonSponsorLimitedMember_lbl1" xlink:title="label: WatonSponsorLimitedMember to wtf_WatonSponsorLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSponsorLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WatonSponsorLimitedMember" xml:lang="en-US" id="wtf_WatonSponsorLimitedMember">Waton Sponsor Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSponsorLimitedMember" xlink:to="wtf_WatonSponsorLimitedMember" xlink:title="label: WatonSponsorLimitedMember to wtf_WatonSponsorLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_LoveAndHealthLimitedMember" xlink:label="LoveAndHealthLimitedMember" xlink:title="LoveAndHealthLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_LoveAndHealthLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_LoveAndHealthLimitedMember_lbl" xml:lang="en-US" id="wtf_LoveAndHealthLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoveAndHealthLimitedMember" xlink:to="wtf_LoveAndHealthLimitedMember_lbl" xlink:title="label: LoveAndHealthLimitedMember to wtf_LoveAndHealthLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_LoveAndHealthLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_LoveAndHealthLimitedMember_lbl1" xml:lang="en-US" id="wtf_LoveAndHealthLimitedMember_lbl1">Love and Health Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoveAndHealthLimitedMember" xlink:to="wtf_LoveAndHealthLimitedMember_lbl1" xlink:title="label: LoveAndHealthLimitedMember to wtf_LoveAndHealthLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_LoveAndHealthLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_LoveAndHealthLimitedMember" xml:lang="en-US" id="wtf_LoveAndHealthLimitedMember">Love &amp; Health Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoveAndHealthLimitedMember" xlink:to="wtf_LoveAndHealthLimitedMember" xlink:title="label: LoveAndHealthLimitedMember to wtf_LoveAndHealthLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonSecuritiesInternationalLimitedMember" xlink:label="WatonSecuritiesInternationalLimitedMember" xlink:title="WatonSecuritiesInternationalLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonSecuritiesInternationalLimitedMember_lbl" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLimitedMember" xlink:to="wtf_WatonSecuritiesInternationalLimitedMember_lbl" xlink:title="label: WatonSecuritiesInternationalLimitedMember to wtf_WatonSecuritiesInternationalLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonSecuritiesInternationalLimitedMember_lbl1" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLimitedMember_lbl1">Waton Securities International Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLimitedMember" xlink:to="wtf_WatonSecuritiesInternationalLimitedMember_lbl1" xlink:title="label: WatonSecuritiesInternationalLimitedMember to wtf_WatonSecuritiesInternationalLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLimitedMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="wtf_WatonSecuritiesInternationalLimitedMember" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLimitedMember">WSI [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLimitedMember" xlink:to="wtf_WatonSecuritiesInternationalLimitedMember" xlink:title="label: WatonSecuritiesInternationalLimitedMember to wtf_WatonSecuritiesInternationalLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonSecuritiesInternationalLimitedMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WatonSecuritiesInternationalLimitedMember_lbl2" xml:lang="en-US" id="wtf_WatonSecuritiesInternationalLimitedMember_lbl2">Waton Securities International Limited ("WSI") [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonSecuritiesInternationalLimitedMember" xlink:to="wtf_WatonSecuritiesInternationalLimitedMember_lbl2" xlink:title="label: WatonSecuritiesInternationalLimitedMember to wtf_WatonSecuritiesInternationalLimitedMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonInvestmentGlobalSPCMember" xlink:label="WatonInvestmentGlobalSPCMember" xlink:title="WatonInvestmentGlobalSPCMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonInvestmentGlobalSPCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonInvestmentGlobalSPCMember_lbl" xml:lang="en-US" id="wtf_WatonInvestmentGlobalSPCMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonInvestmentGlobalSPCMember" xlink:to="wtf_WatonInvestmentGlobalSPCMember_lbl" xlink:title="label: WatonInvestmentGlobalSPCMember to wtf_WatonInvestmentGlobalSPCMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonInvestmentGlobalSPCMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonInvestmentGlobalSPCMember_lbl1" xml:lang="en-US" id="wtf_WatonInvestmentGlobalSPCMember_lbl1">Waton Investment Global SPC [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonInvestmentGlobalSPCMember" xlink:to="wtf_WatonInvestmentGlobalSPCMember_lbl1" xlink:title="label: WatonInvestmentGlobalSPCMember to wtf_WatonInvestmentGlobalSPCMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonInvestmentGlobalSPCMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="wtf_WatonInvestmentGlobalSPCMember" xml:lang="en-US" id="wtf_WatonInvestmentGlobalSPCMember">WIG SPC [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonInvestmentGlobalSPCMember" xlink:to="wtf_WatonInvestmentGlobalSPCMember" xlink:title="label: WatonInvestmentGlobalSPCMember to wtf_WatonInvestmentGlobalSPCMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonInvestmentGlobalSPCMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WatonInvestmentGlobalSPCMember_lbl2" xml:lang="en-US" id="wtf_WatonInvestmentGlobalSPCMember_lbl2">Waton Investment Global SPC ("WIG SPC") [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonInvestmentGlobalSPCMember" xlink:to="wtf_WatonInvestmentGlobalSPCMember_lbl2" xlink:title="label: WatonInvestmentGlobalSPCMember to wtf_WatonInvestmentGlobalSPCMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_InfastAssetManagementLimitedMember" xlink:label="InfastAssetManagementLimitedMember" xlink:title="InfastAssetManagementLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_InfastAssetManagementLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_InfastAssetManagementLimitedMember_lbl" xml:lang="en-US" id="wtf_InfastAssetManagementLimitedMember_lbl">Entity owned or controlled by another entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InfastAssetManagementLimitedMember" xlink:to="wtf_InfastAssetManagementLimitedMember_lbl" xlink:title="label: InfastAssetManagementLimitedMember to wtf_InfastAssetManagementLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_InfastAssetManagementLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_InfastAssetManagementLimitedMember_lbl1" xml:lang="en-US" id="wtf_InfastAssetManagementLimitedMember_lbl1">Infast Asset Management Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InfastAssetManagementLimitedMember" xlink:to="wtf_InfastAssetManagementLimitedMember_lbl1" xlink:title="label: InfastAssetManagementLimitedMember to wtf_InfastAssetManagementLimitedMember_lbl1" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_DescriptionOfMajorBusinessActivities" xlink:label="DescriptionOfMajorBusinessActivities" xlink:title="DescriptionOfMajorBusinessActivities" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_GoingConcernAndLiquidityAbstract" xlink:label="GoingConcernAndLiquidityAbstract" xlink:title="GoingConcernAndLiquidityAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_GoingConcernAndLiquidityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_GoingConcernAndLiquidityAbstract_lbl1" xml:lang="en-US" id="wtf_GoingConcernAndLiquidityAbstract_lbl1">Going Concern and Liquidity [Abstract]</link:label>
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WorkingCapital" xlink:label="WorkingCapital" xlink:title="WorkingCapital" />
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    <link:label xlink:type="resource" xlink:label="wtf_WorkingCapital_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WorkingCapital_lbl1" xml:lang="en-US" id="wtf_WorkingCapital_lbl1">Working Capital</link:label>
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_LesseeOperatingLeaseSupplementalInformationTableTextBlock" xlink:label="LesseeOperatingLeaseSupplementalInformationTableTextBlock" xlink:title="LesseeOperatingLeaseSupplementalInformationTableTextBlock" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod" xlink:label="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod" xlink:title="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriod_lbl1" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" xlink:label="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" xlink:title="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl">The weighted average fair value at exercisable or convertible date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans.</link:label>
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    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl1" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl1">Share- Based Compensation Arrangement By Share- Based Payment Award, Equity Instruments Other Than Options, Exercisable or Convertible In Period, Weighted Average Grant Date Fair Value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableOrConvertibleInPeriodWeightedAverageGrantDateFairValue">Exercisable or convertible, end of year (in dollars per share)</link:label>
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_GlobalEquityIncentivePlan2024Member" xlink:label="GlobalEquityIncentivePlan2024Member" xlink:title="GlobalEquityIncentivePlan2024Member" />
    <link:label xlink:type="resource" xlink:label="wtf_GlobalEquityIncentivePlan2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_GlobalEquityIncentivePlan2024Member_lbl" xml:lang="en-US" id="wtf_GlobalEquityIncentivePlan2024Member_lbl">'An equity-based payment award plan approved by the Company on November 18, 2024 to: (i) attract and retain the best available personnel for positions of substantial responsibility, (ii) provide additional incentive to employees, directors and consultants, and (iii) promote the success of the Company's business.</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalEquityIncentivePlan2024Member" xlink:to="wtf_GlobalEquityIncentivePlan2024Member_lbl1" xlink:title="label: GlobalEquityIncentivePlan2024Member to wtf_GlobalEquityIncentivePlan2024Member_lbl1" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalEquityIncentivePlan2024Member" xlink:to="wtf_GlobalEquityIncentivePlan2024Member" xlink:title="label: GlobalEquityIncentivePlan2024Member to wtf_GlobalEquityIncentivePlan2024Member" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_Two024GlobalEquityIncentivePlanAbstract" xlink:label="Two024GlobalEquityIncentivePlanAbstract" xlink:title="Two024GlobalEquityIncentivePlanAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_Two024GlobalEquityIncentivePlanAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_Two024GlobalEquityIncentivePlanAbstract_lbl1" xml:lang="en-US" id="wtf_Two024GlobalEquityIncentivePlanAbstract_lbl1">2024 Global Equity Incentive Plan [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Two024GlobalEquityIncentivePlanAbstract" xlink:to="wtf_Two024GlobalEquityIncentivePlanAbstract_lbl1" xlink:title="label: Two024GlobalEquityIncentivePlanAbstract to wtf_Two024GlobalEquityIncentivePlanAbstract_lbl1" />
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    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:label="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:title="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod_lbl" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod_lbl">Number of shares exercised under share-based payment arrangement.</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod">Number of ordinary shares exercised (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesExercisedInPeriod" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:label="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:title="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl">Number of shares vested under share-based payment arrangement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl1" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl1">Share Based Compensation Arrangement by Share Based Payment Award Shares Vested in Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl1" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xml:lang="en-US" id="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod">Number of ordinary shares vested (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:to="wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" xlink:title="label: ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod to wtf_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesVestedInPeriod" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:label="ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:title="ContractWithCustomerLiabilityPeriodIncreaseDecrease" />
    <link:label xlink:type="resource" xlink:label="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl">Amount of increase (decrease) in the obligation to transfer a good or service to a customer for which consideration has been received or is receivable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:to="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl" xlink:title="label: ContractWithCustomerLiabilityPeriodIncreaseDecrease to wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl1" xml:lang="en-US" id="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl1">Contract with Customer Liability Period Increase (Decrease)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:to="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl1" xlink:title="label: ContractWithCustomerLiabilityPeriodIncreaseDecrease to wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease" xml:lang="en-US" id="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease">Net change to contract balance recognized since beginning of period due to recognition of revenue and amounts billed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:to="wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease" xlink:title="label: ContractWithCustomerLiabilityPeriodIncreaseDecrease to wtf_ContractWithCustomerLiabilityPeriodIncreaseDecrease" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:label="CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:title="CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl">Amount of credit losses reserve to receivables from broker-dealers and clearing organization.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:to="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl" xlink:title="label: CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization to wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl1" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl1">Credit Losses Reserve to Receivables from Broker-Dealers and Clearing Organization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:to="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl1" xlink:title="label: CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization to wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization">Credit losses reserve to receivables from broker-dealers and clearing organization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:to="wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" xlink:title="label: CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization to wtf_CreditLossesReserveToReceivablesFromBrokerDealersAndClearingOrganization" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:label="AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:title="AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" />
    <link:label xlink:type="resource" xlink:label="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl" xml:lang="en-US" id="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl">Amount of allowance recognized on the receivables from software licensing and related support services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:to="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl" xlink:title="label: AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices to wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl1" xml:lang="en-US" id="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl1">Allowance on Receivables from Software Licensing and Related Support Services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:to="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl1" xlink:title="label: AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices to wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xml:lang="en-US" id="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices">Allowance on receivables from software licensing and related support services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:to="wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" xlink:title="label: AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices to wtf_AllowanceOnReceivablesFromSoftwareLicensingAndRelatedSupportServices" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CreditLossesReserveToReceivablesFromClients" xlink:label="CreditLossesReserveToReceivablesFromClients" xlink:title="CreditLossesReserveToReceivablesFromClients" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromClients_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_CreditLossesReserveToReceivablesFromClients_lbl" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromClients_lbl">Amount of credit losses reserve to receivables from clients.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromClients" xlink:to="wtf_CreditLossesReserveToReceivablesFromClients_lbl" xlink:title="label: CreditLossesReserveToReceivablesFromClients to wtf_CreditLossesReserveToReceivablesFromClients_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromClients_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CreditLossesReserveToReceivablesFromClients_lbl1" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromClients_lbl1">Credit Losses Reserve to Receivables from Clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromClients" xlink:to="wtf_CreditLossesReserveToReceivablesFromClients_lbl1" xlink:title="label: CreditLossesReserveToReceivablesFromClients to wtf_CreditLossesReserveToReceivablesFromClients_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_CreditLossesReserveToReceivablesFromClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_CreditLossesReserveToReceivablesFromClients" xml:lang="en-US" id="wtf_CreditLossesReserveToReceivablesFromClients">Credit losses reserve to receivables from clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossesReserveToReceivablesFromClients" xlink:to="wtf_CreditLossesReserveToReceivablesFromClients" xlink:title="label: CreditLossesReserveToReceivablesFromClients to wtf_CreditLossesReserveToReceivablesFromClients" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:label="SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:title="SupplementalInformationRelatedToOperatingLeasesAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract_lbl1" xml:lang="en-US" id="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract_lbl1">Supplemental Information Related to Operating Leases [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:to="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract_lbl1" xlink:title="label: SupplementalInformationRelatedToOperatingLeasesAbstract to wtf_SupplementalInformationRelatedToOperatingLeasesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract" xml:lang="en-US" id="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract">Supplemental Information Related to Operating Leases [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:to="wtf_SupplementalInformationRelatedToOperatingLeasesAbstract" xlink:title="label: SupplementalInformationRelatedToOperatingLeasesAbstract to wtf_SupplementalInformationRelatedToOperatingLeasesAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_LesseeOperatingLeaseSupplementalInformationAbstract" xlink:label="LesseeOperatingLeaseSupplementalInformationAbstract" xlink:title="LesseeOperatingLeaseSupplementalInformationAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_LesseeOperatingLeaseSupplementalInformationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_LesseeOperatingLeaseSupplementalInformationAbstract_lbl1" xml:lang="en-US" id="wtf_LesseeOperatingLeaseSupplementalInformationAbstract_lbl1">Lessee, Operating Lease, Supplemental Information [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseSupplementalInformationAbstract" xlink:to="wtf_LesseeOperatingLeaseSupplementalInformationAbstract_lbl1" xlink:title="label: LesseeOperatingLeaseSupplementalInformationAbstract to wtf_LesseeOperatingLeaseSupplementalInformationAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_LesseeOperatingLeaseSupplementalInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_LesseeOperatingLeaseSupplementalInformationAbstract" xml:lang="en-US" id="wtf_LesseeOperatingLeaseSupplementalInformationAbstract">Cash Paid for Amounts Included in Measurement of Lease Liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LesseeOperatingLeaseSupplementalInformationAbstract" xlink:to="wtf_LesseeOperatingLeaseSupplementalInformationAbstract" xlink:title="label: LesseeOperatingLeaseSupplementalInformationAbstract to wtf_LesseeOperatingLeaseSupplementalInformationAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:label="LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:title="LeaseTermAndDiscountRatesOfLeasesAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract_lbl1" xml:lang="en-US" id="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract_lbl1">Lease Term and Discount Rates of Leases [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:to="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract_lbl1" xlink:title="label: LeaseTermAndDiscountRatesOfLeasesAbstract to wtf_LeaseTermAndDiscountRatesOfLeasesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract" xml:lang="en-US" id="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract">Lease Term and Discount Rate [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:to="wtf_LeaseTermAndDiscountRatesOfLeasesAbstract" xlink:title="label: LeaseTermAndDiscountRatesOfLeasesAbstract to wtf_LeaseTermAndDiscountRatesOfLeasesAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_BankOverdraftUtilized" xlink:label="BankOverdraftUtilized" xlink:title="BankOverdraftUtilized" />
    <link:label xlink:type="resource" xlink:label="wtf_BankOverdraftUtilized_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_BankOverdraftUtilized_lbl" xml:lang="en-US" id="wtf_BankOverdraftUtilized_lbl">The amount of the bank overdraft facility that has been utilized as of the reporting date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOverdraftUtilized" xlink:to="wtf_BankOverdraftUtilized_lbl" xlink:title="label: BankOverdraftUtilized to wtf_BankOverdraftUtilized_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_BankOverdraftUtilized_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_BankOverdraftUtilized_lbl1" xml:lang="en-US" id="wtf_BankOverdraftUtilized_lbl1">Bank Overdraft Utilized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOverdraftUtilized" xlink:to="wtf_BankOverdraftUtilized_lbl1" xlink:title="label: BankOverdraftUtilized to wtf_BankOverdraftUtilized_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_BankOverdraftUtilized" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_BankOverdraftUtilized" xml:lang="en-US" id="wtf_BankOverdraftUtilized">Bank overdraft utilized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOverdraftUtilized" xlink:to="wtf_BankOverdraftUtilized" xlink:title="label: BankOverdraftUtilized to wtf_BankOverdraftUtilized" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_PercentageOfBankBestLendingRate" xlink:label="PercentageOfBankBestLendingRate" xlink:title="PercentageOfBankBestLendingRate" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfBankBestLendingRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_PercentageOfBankBestLendingRate_lbl" xml:lang="en-US" id="wtf_PercentageOfBankBestLendingRate_lbl">Refers to the percentage of bank overdraft, interest will be charged at the bank's best lending rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfBankBestLendingRate" xlink:to="wtf_PercentageOfBankBestLendingRate_lbl" xlink:title="label: PercentageOfBankBestLendingRate to wtf_PercentageOfBankBestLendingRate_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfBankBestLendingRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_PercentageOfBankBestLendingRate_lbl1" xml:lang="en-US" id="wtf_PercentageOfBankBestLendingRate_lbl1">Percentage of Bank Best Lending Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfBankBestLendingRate" xlink:to="wtf_PercentageOfBankBestLendingRate_lbl1" xlink:title="label: PercentageOfBankBestLendingRate to wtf_PercentageOfBankBestLendingRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfBankBestLendingRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_PercentageOfBankBestLendingRate" xml:lang="en-US" id="wtf_PercentageOfBankBestLendingRate">Lending rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfBankBestLendingRate" xlink:to="wtf_PercentageOfBankBestLendingRate" xlink:title="label: PercentageOfBankBestLendingRate to wtf_PercentageOfBankBestLendingRate" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ScheduleOfSubsidiariesInformationTableTextBlock" xlink:label="ScheduleOfSubsidiariesInformationTableTextBlock" xlink:title="ScheduleOfSubsidiariesInformationTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl" xml:lang="en-US" id="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl">Tabular disclosure related to information of subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSubsidiariesInformationTableTextBlock" xlink:to="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl" xlink:title="label: ScheduleOfSubsidiariesInformationTableTextBlock to wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl1" xml:lang="en-US" id="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl1">Schedule of Subsidiaries Information [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSubsidiariesInformationTableTextBlock" xlink:to="wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl1" xlink:title="label: ScheduleOfSubsidiariesInformationTableTextBlock to wtf_ScheduleOfSubsidiariesInformationTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ScheduleOfSubsidiariesInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ScheduleOfSubsidiariesInformationTableTextBlock" xml:lang="en-US" id="wtf_ScheduleOfSubsidiariesInformationTableTextBlock">Subsidiaries Information</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfSubsidiariesInformationTableTextBlock" xlink:to="wtf_ScheduleOfSubsidiariesInformationTableTextBlock" xlink:title="label: ScheduleOfSubsidiariesInformationTableTextBlock to wtf_ScheduleOfSubsidiariesInformationTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SubsequentEventAbstract" xlink:label="SubsequentEventAbstract" xlink:title="SubsequentEventAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_SubsequentEventAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SubsequentEventAbstract_lbl1" xml:lang="en-US" id="wtf_SubsequentEventAbstract_lbl1">Subsequent Event [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventAbstract" xlink:to="wtf_SubsequentEventAbstract_lbl1" xlink:title="label: SubsequentEventAbstract to wtf_SubsequentEventAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SubsequentEventAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SubsequentEventAbstract" xml:lang="en-US" id="wtf_SubsequentEventAbstract">Subsequent Events [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventAbstract" xlink:to="wtf_SubsequentEventAbstract" xlink:title="label: SubsequentEventAbstract to wtf_SubsequentEventAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:label="MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:title="MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl" xml:lang="en-US" id="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl">Minimum number of potential operating businesses suitable for business combination to be identified pursuant to Finder's Agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:to="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl" xlink:title="label: MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination to wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl1" xml:lang="en-US" id="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl1">Minimum Number of Potential Operating Businesses Suitable for Business Combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:to="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl1" xlink:title="label: MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination to wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xml:lang="en-US" id="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination">Minimum number of potential operating businesses suitable for business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:to="wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" xlink:title="label: MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination to wtf_MinimumNumberOfPotentialOperatingBusinessesSuitableForBusinessCombination" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SuccessFee" xlink:label="SuccessFee" xlink:title="SuccessFee" />
    <link:label xlink:type="resource" xlink:label="wtf_SuccessFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_SuccessFee_lbl" xml:lang="en-US" id="wtf_SuccessFee_lbl">Performance-based commission paid to the Finder upon consummation of a business combination based on the pre-money valuation of the target at closing if such valuation exceeds $400 million.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuccessFee" xlink:to="wtf_SuccessFee_lbl" xlink:title="label: SuccessFee to wtf_SuccessFee_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_SuccessFee_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SuccessFee_lbl1" xml:lang="en-US" id="wtf_SuccessFee_lbl1">Success Fee</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuccessFee" xlink:to="wtf_SuccessFee_lbl1" xlink:title="label: SuccessFee to wtf_SuccessFee_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SuccessFee" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SuccessFee" xml:lang="en-US" id="wtf_SuccessFee">Success fee</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SuccessFee" xlink:to="wtf_SuccessFee" xlink:title="label: SuccessFee to wtf_SuccessFee" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_PreMoneyValuationThreshold" xlink:label="PreMoneyValuationThreshold" xlink:title="PreMoneyValuationThreshold" />
    <link:label xlink:type="resource" xlink:label="wtf_PreMoneyValuationThreshold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_PreMoneyValuationThreshold_lbl" xml:lang="en-US" id="wtf_PreMoneyValuationThreshold_lbl">Pre-money valuation threshold used in determining success fee for consummation of a business combination.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreMoneyValuationThreshold" xlink:to="wtf_PreMoneyValuationThreshold_lbl" xlink:title="label: PreMoneyValuationThreshold to wtf_PreMoneyValuationThreshold_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_PreMoneyValuationThreshold_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_PreMoneyValuationThreshold_lbl1" xml:lang="en-US" id="wtf_PreMoneyValuationThreshold_lbl1">Pre-Money Valuation Threshold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreMoneyValuationThreshold" xlink:to="wtf_PreMoneyValuationThreshold_lbl1" xlink:title="label: PreMoneyValuationThreshold to wtf_PreMoneyValuationThreshold_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_PreMoneyValuationThreshold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_PreMoneyValuationThreshold" xml:lang="en-US" id="wtf_PreMoneyValuationThreshold">Pre-money valuation threshold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreMoneyValuationThreshold" xlink:to="wtf_PreMoneyValuationThreshold" xlink:title="label: PreMoneyValuationThreshold to wtf_PreMoneyValuationThreshold" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:label="PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:title="PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" />
    <link:label xlink:type="resource" xlink:label="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl" xml:lang="en-US" id="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl">Period after execution of Finder's Agreement to make upfront payment to the Finder, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:to="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl" xlink:title="label: PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment to wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl1" xml:lang="en-US" id="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl1">Period after Execution of Finder's Agreement to Make Upfront Cash Payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:to="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl1" xlink:title="label: PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment to wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xml:lang="en-US" id="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment">Period after execution of Finder's Agreement to make upfront cash payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:to="wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" xlink:title="label: PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment to wtf_PeriodAfterExecutionOfFinderSAgreementToMakeUpfrontCashPayment" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_UpfrontCashPaymentPayableToFinder" xlink:label="UpfrontCashPaymentPayableToFinder" xlink:title="UpfrontCashPaymentPayableToFinder" />
    <link:label xlink:type="resource" xlink:label="wtf_UpfrontCashPaymentPayableToFinder_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_UpfrontCashPaymentPayableToFinder_lbl" xml:lang="en-US" id="wtf_UpfrontCashPaymentPayableToFinder_lbl">Upfront cash consideration payable to Finder pursuant to the Finder's Agreement to be credited against any success fee ultimately payable upon consummation of a business combination.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UpfrontCashPaymentPayableToFinder" xlink:to="wtf_UpfrontCashPaymentPayableToFinder_lbl" xlink:title="label: UpfrontCashPaymentPayableToFinder to wtf_UpfrontCashPaymentPayableToFinder_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_UpfrontCashPaymentPayableToFinder_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_UpfrontCashPaymentPayableToFinder_lbl1" xml:lang="en-US" id="wtf_UpfrontCashPaymentPayableToFinder_lbl1">Upfront Cash Payment Payable to Finder</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UpfrontCashPaymentPayableToFinder" xlink:to="wtf_UpfrontCashPaymentPayableToFinder_lbl1" xlink:title="label: UpfrontCashPaymentPayableToFinder to wtf_UpfrontCashPaymentPayableToFinder_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_UpfrontCashPaymentPayableToFinder" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_UpfrontCashPaymentPayableToFinder" xml:lang="en-US" id="wtf_UpfrontCashPaymentPayableToFinder">Upfront cash payment payable to Finder</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UpfrontCashPaymentPayableToFinder" xlink:to="wtf_UpfrontCashPaymentPayableToFinder" xlink:title="label: UpfrontCashPaymentPayableToFinder to wtf_UpfrontCashPaymentPayableToFinder" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WTFAsiaHoldingLimitedMember" xlink:label="WTFAsiaHoldingLimitedMember" xlink:title="WTFAsiaHoldingLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WTFAsiaHoldingLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WTFAsiaHoldingLimitedMember_lbl" xml:lang="en-US" id="wtf_WTFAsiaHoldingLimitedMember_lbl">WTF Asia Holding Limited ("WTFAsia"), a wholly owned subsidiary of the Company, is incorporated in the BVI with limited liability and the principal business is investment holding.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WTFAsiaHoldingLimitedMember" xlink:to="wtf_WTFAsiaHoldingLimitedMember_lbl" xlink:title="label: WTFAsiaHoldingLimitedMember to wtf_WTFAsiaHoldingLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WTFAsiaHoldingLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WTFAsiaHoldingLimitedMember_lbl1" xml:lang="en-US" id="wtf_WTFAsiaHoldingLimitedMember_lbl1">WTF Asia Holding Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WTFAsiaHoldingLimitedMember" xlink:to="wtf_WTFAsiaHoldingLimitedMember_lbl1" xlink:title="label: WTFAsiaHoldingLimitedMember to wtf_WTFAsiaHoldingLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WTFAsiaHoldingLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WTFAsiaHoldingLimitedMember" xml:lang="en-US" id="wtf_WTFAsiaHoldingLimitedMember">WTF Asia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WTFAsiaHoldingLimitedMember" xlink:to="wtf_WTFAsiaHoldingLimitedMember" xlink:title="label: WTFAsiaHoldingLimitedMember to wtf_WTFAsiaHoldingLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_NumberOfNewLeaseAgreements" xlink:label="NumberOfNewLeaseAgreements" xlink:title="NumberOfNewLeaseAgreements" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfNewLeaseAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_NumberOfNewLeaseAgreements_lbl" xml:lang="en-US" id="wtf_NumberOfNewLeaseAgreements_lbl">The number of new lease agreements added under operating leases.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfNewLeaseAgreements" xlink:to="wtf_NumberOfNewLeaseAgreements_lbl" xlink:title="label: NumberOfNewLeaseAgreements to wtf_NumberOfNewLeaseAgreements_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfNewLeaseAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_NumberOfNewLeaseAgreements_lbl1" xml:lang="en-US" id="wtf_NumberOfNewLeaseAgreements_lbl1">Number of New Lease Agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfNewLeaseAgreements" xlink:to="wtf_NumberOfNewLeaseAgreements_lbl1" xlink:title="label: NumberOfNewLeaseAgreements to wtf_NumberOfNewLeaseAgreements_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfNewLeaseAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_NumberOfNewLeaseAgreements" xml:lang="en-US" id="wtf_NumberOfNewLeaseAgreements">Number of new lease agreements added</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfNewLeaseAgreements" xlink:to="wtf_NumberOfNewLeaseAgreements" xlink:title="label: NumberOfNewLeaseAgreements to wtf_NumberOfNewLeaseAgreements" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract" xlink:label="RelatedPartyTransactionDueToRelatedPartiesAbstract" xlink:title="RelatedPartyTransactionDueToRelatedPartiesAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract_lbl1" xml:lang="en-US" id="wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract_lbl1">Related Party Transaction Due To Related Parties [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionDueToRelatedPartiesAbstract" xlink:to="wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract_lbl1" xlink:title="label: RelatedPartyTransactionDueToRelatedPartiesAbstract to wtf_RelatedPartyTransactionDueToRelatedPartiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ShenzhenJinhuiMember" xlink:label="ShenzhenJinhuiMember" xlink:title="ShenzhenJinhuiMember" />
    <link:label xlink:type="resource" xlink:label="wtf_ShenzhenJinhuiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ShenzhenJinhuiMember_lbl" xml:lang="en-US" id="wtf_ShenzhenJinhuiMember_lbl">Shenzhen Jinhui Technology Co., Ltd, a company controlled by Zhou Kai.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShenzhenJinhuiMember" xlink:to="wtf_ShenzhenJinhuiMember_lbl" xlink:title="label: ShenzhenJinhuiMember to wtf_ShenzhenJinhuiMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ShenzhenJinhuiMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ShenzhenJinhuiMember_lbl1" xml:lang="en-US" id="wtf_ShenzhenJinhuiMember_lbl1">Shenzhen Jinhui [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShenzhenJinhuiMember" xlink:to="wtf_ShenzhenJinhuiMember_lbl1" xlink:title="label: ShenzhenJinhuiMember to wtf_ShenzhenJinhuiMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ShenzhenJinhuiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ShenzhenJinhuiMember" xml:lang="en-US" id="wtf_ShenzhenJinhuiMember">Shenzhen Jinhui [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShenzhenJinhuiMember" xlink:to="wtf_ShenzhenJinhuiMember" xlink:title="label: ShenzhenJinhuiMember to wtf_ShenzhenJinhuiMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ZhouKaiMember" xlink:label="ZhouKaiMember" xlink:title="ZhouKaiMember" />
    <link:label xlink:type="resource" xlink:label="wtf_ZhouKaiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ZhouKaiMember_lbl" xml:lang="en-US" id="wtf_ZhouKaiMember_lbl">Principal shareholder, chief technology officer, chairman of the board.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZhouKaiMember" xlink:to="wtf_ZhouKaiMember_lbl" xlink:title="label: ZhouKaiMember to wtf_ZhouKaiMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ZhouKaiMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ZhouKaiMember_lbl1" xml:lang="en-US" id="wtf_ZhouKaiMember_lbl1">Zhou Kai [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZhouKaiMember" xlink:to="wtf_ZhouKaiMember_lbl1" xlink:title="label: ZhouKaiMember to wtf_ZhouKaiMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ZhouKaiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ZhouKaiMember" xml:lang="en-US" id="wtf_ZhouKaiMember">Zhou Kai [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZhouKaiMember" xlink:to="wtf_ZhouKaiMember" xlink:title="label: ZhouKaiMember to wtf_ZhouKaiMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_COLLATERALIZEDTRANSACTIONSAbstract" xlink:label="COLLATERALIZEDTRANSACTIONSAbstract" xlink:title="COLLATERALIZEDTRANSACTIONSAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_COLLATERALIZEDTRANSACTIONSAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_COLLATERALIZEDTRANSACTIONSAbstract_lbl1" xml:lang="en-US" id="wtf_COLLATERALIZEDTRANSACTIONSAbstract_lbl1">COLLATERALIZED TRANSACTIONS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COLLATERALIZEDTRANSACTIONSAbstract" xlink:to="wtf_COLLATERALIZEDTRANSACTIONSAbstract_lbl1" xlink:title="label: COLLATERALIZEDTRANSACTIONSAbstract to wtf_COLLATERALIZEDTRANSACTIONSAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_COLLATERALIZEDTRANSACTIONSTextBlock" xlink:label="COLLATERALIZEDTRANSACTIONSTextBlock" xlink:title="COLLATERALIZEDTRANSACTIONSTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl" xml:lang="en-US" id="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl">The collateral may be cash, securities, receivables, or other property delivered to a lender or counterparty, typically to reduce credit risk or ensure fulfillment of a contractual obligation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COLLATERALIZEDTRANSACTIONSTextBlock" xlink:to="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl" xlink:title="label: COLLATERALIZEDTRANSACTIONSTextBlock to wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl1" xml:lang="en-US" id="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl1">COLLATERALIZED TRANSACTIONS [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COLLATERALIZEDTRANSACTIONSTextBlock" xlink:to="wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl1" xlink:title="label: COLLATERALIZEDTRANSACTIONSTextBlock to wtf_COLLATERALIZEDTRANSACTIONSTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_COLLATERALIZEDTRANSACTIONSTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_COLLATERALIZEDTRANSACTIONSTextBlock" xml:lang="en-US" id="wtf_COLLATERALIZEDTRANSACTIONSTextBlock">COLLATERALIZED TRANSACTIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COLLATERALIZEDTRANSACTIONSTextBlock" xlink:to="wtf_COLLATERALIZEDTRANSACTIONSTextBlock" xlink:title="label: COLLATERALIZEDTRANSACTIONSTextBlock to wtf_COLLATERALIZEDTRANSACTIONSTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WealthGuardianInvestmentLimitedMember" xlink:label="WealthGuardianInvestmentLimitedMember" xlink:title="WealthGuardianInvestmentLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WealthGuardianInvestmentLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WealthGuardianInvestmentLimitedMember_lbl" xml:lang="en-US" id="wtf_WealthGuardianInvestmentLimitedMember_lbl">The Group is able to exercise significant influence over WGI because two individuals, who are the senior management of WGI, are the shareholders of the Company holding more than or approximately 10% aggregate equity interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WealthGuardianInvestmentLimitedMember" xlink:to="wtf_WealthGuardianInvestmentLimitedMember_lbl" xlink:title="label: WealthGuardianInvestmentLimitedMember to wtf_WealthGuardianInvestmentLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WealthGuardianInvestmentLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WealthGuardianInvestmentLimitedMember_lbl1" xml:lang="en-US" id="wtf_WealthGuardianInvestmentLimitedMember_lbl1">Wealth Guardian Investment Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WealthGuardianInvestmentLimitedMember" xlink:to="wtf_WealthGuardianInvestmentLimitedMember_lbl1" xlink:title="label: WealthGuardianInvestmentLimitedMember to wtf_WealthGuardianInvestmentLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_WealthGuardianInvestmentLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_WealthGuardianInvestmentLimitedMember" xml:lang="en-US" id="wtf_WealthGuardianInvestmentLimitedMember">Wealth Guardian Investment Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WealthGuardianInvestmentLimitedMember" xlink:to="wtf_WealthGuardianInvestmentLimitedMember" xlink:title="label: WealthGuardianInvestmentLimitedMember to wtf_WealthGuardianInvestmentLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginLoanMember" xlink:label="MarginLoanMember" xlink:title="MarginLoanMember" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MarginLoanMember_lbl" xml:lang="en-US" id="wtf_MarginLoanMember_lbl">A loan from brokerage to pay for securities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanMember" xlink:to="wtf_MarginLoanMember_lbl" xlink:title="label: MarginLoanMember to wtf_MarginLoanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginLoanMember_lbl1" xml:lang="en-US" id="wtf_MarginLoanMember_lbl1">Margin Loan [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanMember" xlink:to="wtf_MarginLoanMember_lbl1" xlink:title="label: MarginLoanMember to wtf_MarginLoanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginLoanMember" xml:lang="en-US" id="wtf_MarginLoanMember">Margin Loan [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanMember" xlink:to="wtf_MarginLoanMember" xlink:title="label: MarginLoanMember to wtf_MarginLoanMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CollateralizedTransactionAbstract" xlink:label="CollateralizedTransactionAbstract" xlink:title="CollateralizedTransactionAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_CollateralizedTransactionAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CollateralizedTransactionAbstract_lbl1" xml:lang="en-US" id="wtf_CollateralizedTransactionAbstract_lbl1">Collateralized Transaction [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralizedTransactionAbstract" xlink:to="wtf_CollateralizedTransactionAbstract_lbl1" xlink:title="label: CollateralizedTransactionAbstract to wtf_CollateralizedTransactionAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginLoanReceivedFromFinancialInstitutions" xlink:label="MarginLoanReceivedFromFinancialInstitutions" xlink:title="MarginLoanReceivedFromFinancialInstitutions" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl" xml:lang="en-US" id="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl">The aggregate carrying amount of margin loans or borrowings received from financial institutions, secured by collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivedFromFinancialInstitutions" xlink:to="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl" xlink:title="label: MarginLoanReceivedFromFinancialInstitutions to wtf_MarginLoanReceivedFromFinancialInstitutions_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl1" xml:lang="en-US" id="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl1">Margin Loan Received from Financial Institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivedFromFinancialInstitutions" xlink:to="wtf_MarginLoanReceivedFromFinancialInstitutions_lbl1" xlink:title="label: MarginLoanReceivedFromFinancialInstitutions to wtf_MarginLoanReceivedFromFinancialInstitutions_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivedFromFinancialInstitutions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginLoanReceivedFromFinancialInstitutions" xml:lang="en-US" id="wtf_MarginLoanReceivedFromFinancialInstitutions">Margin loan received from financial institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivedFromFinancialInstitutions" xlink:to="wtf_MarginLoanReceivedFromFinancialInstitutions" xlink:title="label: MarginLoanReceivedFromFinancialInstitutions to wtf_MarginLoanReceivedFromFinancialInstitutions" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginLoanReceivables" xlink:label="MarginLoanReceivables" xlink:title="MarginLoanReceivables" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MarginLoanReceivables_lbl" xml:lang="en-US" id="wtf_MarginLoanReceivables_lbl">Amount of margin loan receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivables" xlink:to="wtf_MarginLoanReceivables_lbl" xlink:title="label: MarginLoanReceivables to wtf_MarginLoanReceivables_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginLoanReceivables_lbl1" xml:lang="en-US" id="wtf_MarginLoanReceivables_lbl1">Margin Loan Receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivables" xlink:to="wtf_MarginLoanReceivables_lbl1" xlink:title="label: MarginLoanReceivables to wtf_MarginLoanReceivables_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginLoanReceivables" xml:lang="en-US" id="wtf_MarginLoanReceivables">Margin loan receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanReceivables" xlink:to="wtf_MarginLoanReceivables" xlink:title="label: MarginLoanReceivables to wtf_MarginLoanReceivables" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:label="TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:title="TotalValueOfSecuritiesRepledgedToFinancialInstitutions" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl">Carrying value as of the balance sheet date of securities received as collateral from a counterparty that were re-pledged.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:to="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl" xlink:title="label: TotalValueOfSecuritiesRepledgedToFinancialInstitutions to wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl1" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl1">Total Value of Securities Repledged to Financial Institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:to="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl1" xlink:title="label: TotalValueOfSecuritiesRepledgedToFinancialInstitutions to wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions">Total value of securities repledged to financial institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:to="wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions" xlink:title="label: TotalValueOfSecuritiesRepledgedToFinancialInstitutions to wtf_TotalValueOfSecuritiesRepledgedToFinancialInstitutions" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_TotalValueOfSecuritiesHeldByMarginClients" xlink:label="TotalValueOfSecuritiesHeldByMarginClients" xlink:title="TotalValueOfSecuritiesHeldByMarginClients" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl">The aggregate fair value of securities owned by margin clients and held in their accounts, including those securities that serve as collateral for margin loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesHeldByMarginClients" xlink:to="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl" xlink:title="label: TotalValueOfSecuritiesHeldByMarginClients to wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl1" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl1">Total Value of Securities Held by Margin Clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesHeldByMarginClients" xlink:to="wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl1" xlink:title="label: TotalValueOfSecuritiesHeldByMarginClients to wtf_TotalValueOfSecuritiesHeldByMarginClients_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_TotalValueOfSecuritiesHeldByMarginClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_TotalValueOfSecuritiesHeldByMarginClients" xml:lang="en-US" id="wtf_TotalValueOfSecuritiesHeldByMarginClients">Total value of securities held by margin clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalValueOfSecuritiesHeldByMarginClients" xlink:to="wtf_TotalValueOfSecuritiesHeldByMarginClients" xlink:title="label: TotalValueOfSecuritiesHeldByMarginClients to wtf_TotalValueOfSecuritiesHeldByMarginClients" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_MarginLoanExtendedToMarginClients" xlink:label="MarginLoanExtendedToMarginClients" xlink:title="MarginLoanExtendedToMarginClients" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanExtendedToMarginClients_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_MarginLoanExtendedToMarginClients_lbl" xml:lang="en-US" id="wtf_MarginLoanExtendedToMarginClients_lbl">The amount of loans extended to margin clients, collateralized by securities or other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanExtendedToMarginClients" xlink:to="wtf_MarginLoanExtendedToMarginClients_lbl" xlink:title="label: MarginLoanExtendedToMarginClients to wtf_MarginLoanExtendedToMarginClients_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanExtendedToMarginClients_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_MarginLoanExtendedToMarginClients_lbl1" xml:lang="en-US" id="wtf_MarginLoanExtendedToMarginClients_lbl1">Margin Loan Extended to Margin Clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanExtendedToMarginClients" xlink:to="wtf_MarginLoanExtendedToMarginClients_lbl1" xlink:title="label: MarginLoanExtendedToMarginClients to wtf_MarginLoanExtendedToMarginClients_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_MarginLoanExtendedToMarginClients" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_MarginLoanExtendedToMarginClients" xml:lang="en-US" id="wtf_MarginLoanExtendedToMarginClients">Margin loan extended to margin clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginLoanExtendedToMarginClients" xlink:to="wtf_MarginLoanExtendedToMarginClients" xlink:title="label: MarginLoanExtendedToMarginClients to wtf_MarginLoanExtendedToMarginClients" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:label="CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:title="CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl" xml:lang="en-US" id="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl">Tabular disclosure of margin loans and client's collateral received and repledged.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:to="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl" xlink:title="label: CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock to wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl1" xml:lang="en-US" id="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl1">Collateralized Transactions Margin Loans And Client Collateral Received And Repledged [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:to="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl1" xlink:title="label: CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock to wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xml:lang="en-US" id="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock">Margin Loans and Clients Collaterals Received and Repledged</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:to="wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" xlink:title="label: CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock to wtf_CollateralizedTransactionsMarginLoansAndClientCollateralReceivedAndRepledgedTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_WatonTrustLimitedMember" xlink:label="WatonTrustLimitedMember" xlink:title="WatonTrustLimitedMember" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonTrustLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_WatonTrustLimitedMember_lbl" xml:lang="en-US" id="wtf_WatonTrustLimitedMember_lbl">Waton Trust Limited, a related party entity where Zhou Kai previously acted as director and, following resignation in the third quarter of 2025, retained a 20% equity ownership interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonTrustLimitedMember" xlink:to="wtf_WatonTrustLimitedMember_lbl" xlink:title="label: WatonTrustLimitedMember to wtf_WatonTrustLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_WatonTrustLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_WatonTrustLimitedMember_lbl1" xml:lang="en-US" id="wtf_WatonTrustLimitedMember_lbl1">Waton Trust Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WatonTrustLimitedMember" xlink:to="wtf_WatonTrustLimitedMember_lbl1" xlink:title="label: WatonTrustLimitedMember to wtf_WatonTrustLimitedMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_UnsettledTradeMember" xlink:label="UnsettledTradeMember" xlink:title="UnsettledTradeMember" />
    <link:label xlink:type="resource" xlink:label="wtf_UnsettledTradeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_UnsettledTradeMember_lbl" xml:lang="en-US" id="wtf_UnsettledTradeMember_lbl">Unsettled trades on a trade-date basis, including amounts receivable for securities trades not delivered by WSI to the purchaser by the settlement date and amounts payable for securities not received by WSI from a seller by the settlement date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsettledTradeMember" xlink:to="wtf_UnsettledTradeMember_lbl" xlink:title="label: UnsettledTradeMember to wtf_UnsettledTradeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_UnsettledTradeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_UnsettledTradeMember_lbl1" xml:lang="en-US" id="wtf_UnsettledTradeMember_lbl1">Unsettled Trade [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsettledTradeMember" xlink:to="wtf_UnsettledTradeMember_lbl1" xlink:title="label: UnsettledTradeMember to wtf_UnsettledTradeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_UnsettledTradeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_UnsettledTradeMember" xml:lang="en-US" id="wtf_UnsettledTradeMember">Unsettled Trade [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsettledTradeMember" xlink:to="wtf_UnsettledTradeMember" xlink:title="label: UnsettledTradeMember to wtf_UnsettledTradeMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:label="RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:title="RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract_lbl1" xml:lang="en-US" id="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract_lbl1">Related Party Transaction Due From To Related Parties Current [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:to="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract_lbl1" xlink:title="label: RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract to wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xml:lang="en-US" id="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract">Transactions with Related Parties [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:to="wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" xlink:title="label: RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract to wtf_RelatedPartyTransactionDueFromToRelatedPartiesCurrentAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ManagementIncomeIncurred" xlink:label="ManagementIncomeIncurred" xlink:title="ManagementIncomeIncurred" />
    <link:label xlink:type="resource" xlink:label="wtf_ManagementIncomeIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ManagementIncomeIncurred_lbl" xml:lang="en-US" id="wtf_ManagementIncomeIncurred_lbl">Amount of management income incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementIncomeIncurred" xlink:to="wtf_ManagementIncomeIncurred_lbl" xlink:title="label: ManagementIncomeIncurred to wtf_ManagementIncomeIncurred_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ManagementIncomeIncurred_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ManagementIncomeIncurred_lbl1" xml:lang="en-US" id="wtf_ManagementIncomeIncurred_lbl1">Management Income Incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementIncomeIncurred" xlink:to="wtf_ManagementIncomeIncurred_lbl1" xlink:title="label: ManagementIncomeIncurred to wtf_ManagementIncomeIncurred_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ManagementIncomeIncurred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ManagementIncomeIncurred" xml:lang="en-US" id="wtf_ManagementIncomeIncurred">Management income incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementIncomeIncurred" xlink:to="wtf_ManagementIncomeIncurred" xlink:title="label: ManagementIncomeIncurred to wtf_ManagementIncomeIncurred" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_NumberOfRelatedPartyShareholders" xlink:label="NumberOfRelatedPartyShareholders" xlink:title="NumberOfRelatedPartyShareholders" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfRelatedPartyShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_NumberOfRelatedPartyShareholders_lbl" xml:lang="en-US" id="wtf_NumberOfRelatedPartyShareholders_lbl">The number of related party individuals who are also shareholders of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRelatedPartyShareholders" xlink:to="wtf_NumberOfRelatedPartyShareholders_lbl" xlink:title="label: NumberOfRelatedPartyShareholders to wtf_NumberOfRelatedPartyShareholders_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfRelatedPartyShareholders_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_NumberOfRelatedPartyShareholders_lbl1" xml:lang="en-US" id="wtf_NumberOfRelatedPartyShareholders_lbl1">Number Of Related Party Shareholders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRelatedPartyShareholders" xlink:to="wtf_NumberOfRelatedPartyShareholders_lbl1" xlink:title="label: NumberOfRelatedPartyShareholders to wtf_NumberOfRelatedPartyShareholders_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_NumberOfRelatedPartyShareholders" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_NumberOfRelatedPartyShareholders" xml:lang="en-US" id="wtf_NumberOfRelatedPartyShareholders">Number of shareholders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfRelatedPartyShareholders" xlink:to="wtf_NumberOfRelatedPartyShareholders" xlink:title="label: NumberOfRelatedPartyShareholders to wtf_NumberOfRelatedPartyShareholders" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_InvestmentSecuritiesAtNAVAbstract" xlink:label="InvestmentSecuritiesAtNAVAbstract" xlink:title="InvestmentSecuritiesAtNAVAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_InvestmentSecuritiesAtNAVAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_InvestmentSecuritiesAtNAVAbstract_lbl1" xml:lang="en-US" id="wtf_InvestmentSecuritiesAtNAVAbstract_lbl1">Investment Securities at NAV [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentSecuritiesAtNAVAbstract" xlink:to="wtf_InvestmentSecuritiesAtNAVAbstract_lbl1" xlink:title="label: InvestmentSecuritiesAtNAVAbstract to wtf_InvestmentSecuritiesAtNAVAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_InvestmentSecuritiesAtNAVAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_InvestmentSecuritiesAtNAVAbstract" xml:lang="en-US" id="wtf_InvestmentSecuritiesAtNAVAbstract">Investment Securities, at NAV [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentSecuritiesAtNAVAbstract" xlink:to="wtf_InvestmentSecuritiesAtNAVAbstract" xlink:title="label: InvestmentSecuritiesAtNAVAbstract to wtf_InvestmentSecuritiesAtNAVAbstract" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_EquitySecuritiesCapitalAmount" xlink:label="EquitySecuritiesCapitalAmount" xlink:title="EquitySecuritiesCapitalAmount" />
    <link:label xlink:type="resource" xlink:label="wtf_EquitySecuritiesCapitalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_EquitySecuritiesCapitalAmount_lbl" xml:lang="en-US" id="wtf_EquitySecuritiesCapitalAmount_lbl">The total capital amount invested in the junior tranche.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesCapitalAmount" xlink:to="wtf_EquitySecuritiesCapitalAmount_lbl" xlink:title="label: EquitySecuritiesCapitalAmount to wtf_EquitySecuritiesCapitalAmount_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_EquitySecuritiesCapitalAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_EquitySecuritiesCapitalAmount_lbl1" xml:lang="en-US" id="wtf_EquitySecuritiesCapitalAmount_lbl1">Equity Securities, Capital Amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesCapitalAmount" xlink:to="wtf_EquitySecuritiesCapitalAmount_lbl1" xlink:title="label: EquitySecuritiesCapitalAmount to wtf_EquitySecuritiesCapitalAmount_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_EquitySecuritiesCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_EquitySecuritiesCapitalAmount" xml:lang="en-US" id="wtf_EquitySecuritiesCapitalAmount">Capital amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesCapitalAmount" xlink:to="wtf_EquitySecuritiesCapitalAmount" xlink:title="label: EquitySecuritiesCapitalAmount to wtf_EquitySecuritiesCapitalAmount" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_PercentageOfInvestmentInOutstandingEquitySecurities" xlink:label="PercentageOfInvestmentInOutstandingEquitySecurities" xlink:title="PercentageOfInvestmentInOutstandingEquitySecurities" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl" xml:lang="en-US" id="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl">The percentage of investment in outstanding membership interests of the investment fund.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfInvestmentInOutstandingEquitySecurities" xlink:to="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl" xlink:title="label: PercentageOfInvestmentInOutstandingEquitySecurities to wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl1" xml:lang="en-US" id="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl1">Percentage of Investment in Outstanding Equity Securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfInvestmentInOutstandingEquitySecurities" xlink:to="wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl1" xlink:title="label: PercentageOfInvestmentInOutstandingEquitySecurities to wtf_PercentageOfInvestmentInOutstandingEquitySecurities_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_PercentageOfInvestmentInOutstandingEquitySecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_PercentageOfInvestmentInOutstandingEquitySecurities" xml:lang="en-US" id="wtf_PercentageOfInvestmentInOutstandingEquitySecurities">Percentage of investment in outstanding membership interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfInvestmentInOutstandingEquitySecurities" xlink:to="wtf_PercentageOfInvestmentInOutstandingEquitySecurities" xlink:title="label: PercentageOfInvestmentInOutstandingEquitySecurities to wtf_PercentageOfInvestmentInOutstandingEquitySecurities" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ClassVISharesMember" xlink:label="ClassVISharesMember" xlink:title="ClassVISharesMember" />
    <link:label xlink:type="resource" xlink:label="wtf_ClassVISharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ClassVISharesMember_lbl" xml:lang="en-US" id="wtf_ClassVISharesMember_lbl">Class VI Shares of Z Navigation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassVISharesMember" xlink:to="wtf_ClassVISharesMember_lbl" xlink:title="label: ClassVISharesMember to wtf_ClassVISharesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ClassVISharesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ClassVISharesMember_lbl1" xml:lang="en-US" id="wtf_ClassVISharesMember_lbl1">Class VI Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassVISharesMember" xlink:to="wtf_ClassVISharesMember_lbl1" xlink:title="label: ClassVISharesMember to wtf_ClassVISharesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ClassVISharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ClassVISharesMember" xml:lang="en-US" id="wtf_ClassVISharesMember">Class VI Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassVISharesMember" xlink:to="wtf_ClassVISharesMember" xlink:title="label: ClassVISharesMember to wtf_ClassVISharesMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SingleReportingSegmentMember" xlink:label="SingleReportingSegmentMember" xlink:title="SingleReportingSegmentMember" />
    <link:label xlink:type="resource" xlink:label="wtf_SingleReportingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_SingleReportingSegmentMember_lbl" xml:lang="en-US" id="wtf_SingleReportingSegmentMember_lbl">Single segment that concentrates on provisions of securities brokerage services and financial technology services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SingleReportingSegmentMember" xlink:to="wtf_SingleReportingSegmentMember_lbl" xlink:title="label: SingleReportingSegmentMember to wtf_SingleReportingSegmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_SingleReportingSegmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SingleReportingSegmentMember_lbl1" xml:lang="en-US" id="wtf_SingleReportingSegmentMember_lbl1">Single Reporting Segment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SingleReportingSegmentMember" xlink:to="wtf_SingleReportingSegmentMember_lbl1" xlink:title="label: SingleReportingSegmentMember to wtf_SingleReportingSegmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SingleReportingSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SingleReportingSegmentMember" xml:lang="en-US" id="wtf_SingleReportingSegmentMember">Single Reportable Segment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SingleReportingSegmentMember" xlink:to="wtf_SingleReportingSegmentMember" xlink:title="label: SingleReportingSegmentMember to wtf_SingleReportingSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:label="ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:title="ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl" xml:lang="en-US" id="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl">Disclosure of accounting policy for receivables from software licensing and related support services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:to="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl" xlink:title="label: ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock to wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl1" xml:lang="en-US" id="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl1">Receivables from Software Licensing and Related Support Services [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:to="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl1" xlink:title="label: ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock to wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xml:lang="en-US" id="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock">Receivables from software licensing and related support services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:to="wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" xlink:title="label: ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock to wtf_ReceivablesFromSoftwareLicensingAndRelatedSupportServicesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:label="ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:title="ReceivablesFromPayablesToClientsPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl">Disclosure of accounting policy relating to receivables from payables to clients.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl" xlink:title="label: ReceivablesFromPayablesToClientsPolicyTextBlock to wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl1" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl1">Receivables from Payables to Clients [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl1" xlink:title="label: ReceivablesFromPayablesToClientsPolicyTextBlock to wtf_ReceivablesFromPayablesToClientsPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock">Receivables from and payables to clients</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToClientsPolicyTextBlock" xlink:title="label: ReceivablesFromPayablesToClientsPolicyTextBlock to wtf_ReceivablesFromPayablesToClientsPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:label="ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:title="ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl">Disclosure of accounting policy for receivables from and payables to broker-dealers and clearing organization.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl" xlink:title="label: ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock to wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl1" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl1">Receivables from Payables to Broker-Dealers and Clearing Organization [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl1" xlink:title="label: ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock to wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xml:lang="en-US" id="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock">Receivables from and payables to broker-dealers and clearing organization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:to="wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" xlink:title="label: ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock to wtf_ReceivablesFromPayablesToBrokerDealersAndClearingOrganizationPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_RisksAndUncertaintiesPolicyTextBlock" xlink:label="RisksAndUncertaintiesPolicyTextBlock" xlink:title="RisksAndUncertaintiesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl" xml:lang="en-US" id="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl">Disclosure of accounting policy for risks and uncertainties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAndUncertaintiesPolicyTextBlock" xlink:to="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl" xlink:title="label: RisksAndUncertaintiesPolicyTextBlock to wtf_RisksAndUncertaintiesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl1" xml:lang="en-US" id="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl1">Risks and Uncertainties [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAndUncertaintiesPolicyTextBlock" xlink:to="wtf_RisksAndUncertaintiesPolicyTextBlock_lbl1" xlink:title="label: RisksAndUncertaintiesPolicyTextBlock to wtf_RisksAndUncertaintiesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_RisksAndUncertaintiesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_RisksAndUncertaintiesPolicyTextBlock" xml:lang="en-US" id="wtf_RisksAndUncertaintiesPolicyTextBlock">Risks and uncertainties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAndUncertaintiesPolicyTextBlock" xlink:to="wtf_RisksAndUncertaintiesPolicyTextBlock" xlink:title="label: RisksAndUncertaintiesPolicyTextBlock to wtf_RisksAndUncertaintiesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SupplierAMember" xlink:label="SupplierAMember" xlink:title="SupplierAMember" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_SupplierAMember_lbl" xml:lang="en-US" id="wtf_SupplierAMember_lbl">Represents a supplier of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierAMember" xlink:to="wtf_SupplierAMember_lbl" xlink:title="label: SupplierAMember to wtf_SupplierAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SupplierAMember_lbl1" xml:lang="en-US" id="wtf_SupplierAMember_lbl1">Supplier A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierAMember" xlink:to="wtf_SupplierAMember_lbl1" xlink:title="label: SupplierAMember to wtf_SupplierAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SupplierAMember" xml:lang="en-US" id="wtf_SupplierAMember">Supplier A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierAMember" xlink:to="wtf_SupplierAMember" xlink:title="label: SupplierAMember to wtf_SupplierAMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_SupplierOneMember" xlink:label="SupplierOneMember" xlink:title="SupplierOneMember" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_SupplierOneMember_lbl" xml:lang="en-US" id="wtf_SupplierOneMember_lbl">Represents a supplier of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierOneMember" xlink:to="wtf_SupplierOneMember_lbl" xlink:title="label: SupplierOneMember to wtf_SupplierOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_SupplierOneMember_lbl1" xml:lang="en-US" id="wtf_SupplierOneMember_lbl1">Supplier One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierOneMember" xlink:to="wtf_SupplierOneMember_lbl1" xlink:title="label: SupplierOneMember to wtf_SupplierOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_SupplierOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_SupplierOneMember" xml:lang="en-US" id="wtf_SupplierOneMember">Supplier One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplierOneMember" xlink:to="wtf_SupplierOneMember" xlink:title="label: SupplierOneMember to wtf_SupplierOneMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CustomerBMember" xlink:label="CustomerBMember" xlink:title="CustomerBMember" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_CustomerBMember_lbl" xml:lang="en-US" id="wtf_CustomerBMember_lbl">Represents a major customer of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerBMember" xlink:to="wtf_CustomerBMember_lbl" xlink:title="label: CustomerBMember to wtf_CustomerBMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerBMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CustomerBMember_lbl1" xml:lang="en-US" id="wtf_CustomerBMember_lbl1">Customer B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerBMember" xlink:to="wtf_CustomerBMember_lbl1" xlink:title="label: CustomerBMember to wtf_CustomerBMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_CustomerBMember" xml:lang="en-US" id="wtf_CustomerBMember">Customer B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerBMember" xlink:to="wtf_CustomerBMember" xlink:title="label: CustomerBMember to wtf_CustomerBMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_CustomerAMember" xlink:label="CustomerAMember" xlink:title="CustomerAMember" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="wtf_CustomerAMember_lbl" xml:lang="en-US" id="wtf_CustomerAMember_lbl">Represents a major customer of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerAMember" xlink:to="wtf_CustomerAMember_lbl" xlink:title="label: CustomerAMember to wtf_CustomerAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_CustomerAMember_lbl1" xml:lang="en-US" id="wtf_CustomerAMember_lbl1">Customer A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerAMember" xlink:to="wtf_CustomerAMember_lbl1" xlink:title="label: CustomerAMember to wtf_CustomerAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_CustomerAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_CustomerAMember" xml:lang="en-US" id="wtf_CustomerAMember">Customer A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerAMember" xlink:to="wtf_CustomerAMember" xlink:title="label: CustomerAMember to wtf_CustomerAMember" />
    <link:loc xlink:type="locator" xlink:href="wtf-20260609.xsd#wtf_DeferredOfferingCostsAbstract" xlink:label="DeferredOfferingCostsAbstract" xlink:title="DeferredOfferingCostsAbstract" />
    <link:label xlink:type="resource" xlink:label="wtf_DeferredOfferingCostsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="wtf_DeferredOfferingCostsAbstract_lbl1" xml:lang="en-US" id="wtf_DeferredOfferingCostsAbstract_lbl1">Deferred Offering Costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredOfferingCostsAbstract" xlink:to="wtf_DeferredOfferingCostsAbstract_lbl1" xlink:title="label: DeferredOfferingCostsAbstract to wtf_DeferredOfferingCostsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="wtf_DeferredOfferingCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="wtf_DeferredOfferingCostsAbstract" xml:lang="en-US" id="wtf_DeferredOfferingCostsAbstract">Deferred Offering Costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredOfferingCostsAbstract" xlink:to="wtf_DeferredOfferingCostsAbstract" xlink:title="label: DeferredOfferingCostsAbstract to wtf_DeferredOfferingCostsAbstract" />
  </link:labelLink>
</link:linkbase>
