Delin Holdings Makes Strategic Investment in Fulong Advisors to Advance Stablecoin Applications and Business Collaboration
On July 21, according to Securities Times, Delin Holdings has signed a non-legally binding term sheet with Hong Kong technology company Fulong Consulting Limited, planning to engage in strategic cooperation and a share swap. Delin Holdings will invest HKD 60 million in Fulong, aiming to enter the high-growth stablecoin market. Fulong will apply for a Hong Kong stablecoin license and, upon approval, will work with Delin Holdings to jointly promote the application and business cooperation of stablecoins. The two parties will collaborate to develop business opportunities, with Fulong leveraging its merchant and user network to support Delin Holdings and its affiliated platforms (such as Delin Securities and Synapse Technology) in product support and investor relations promotion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Treasury yields remain high, markets await CPI and Waller this week: Bets on further rate hikes possibly postponed until December
U.S. bond traders are waiting for the CPI and Waller's data to gain insight into the Federal Reserve’s interest rate path.
KGEN surpassed $0.16, up more than 13% in 24 hours
IREN (IREN.US) mysterious client revealed? Rumor has it Anthropic signed a multi-year cloud contract
Previous reports indicated that Anthropic is the mysterious AI cloud client mentioned by IREN Ltd. (IREN.US) during its financial results call a few months ago. On Sunday night, IREN’s share price surged 9% in after-hours trading.
Crypto prices
More
