Hong Kong-listed 'Ryan Holdings' signs letter of intent for AI and DeFi businesses with a web3 company
Uk Jin
Summary
- Hong Kong-listed Ryan Holdings said it signed a letter of intent with a web3 company to expand its artificial intelligence and DeFi businesses.
- The letter of intent includes the acquisition of the web3 company, and Ryan Group plans to provide revenue and profit guarantees for 3 years.
- Ryan Holdings said it raised acquisition funds through the issuance of new shares.
Hong Kong-listed Ryan Holdings said on the 15th that it has signed a letter of intent (LOI) with a Singapore-based web3 company to expand its artificial intelligence (AI) and decentralized finance (DeFi) businesses. The letter of intent is reported to include the acquisition of the web3 company, and Ryan Group will provide revenue and profit guarantees for 3 years. Ryan Holdings raised acquisition funds through the issuance of new shares.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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