According to HashNews, on-chain asset management platform Cicada Tech has signed a non-binding merger letter of intent with NASDAQ-listed Linkage Global. The deal, valued at $60 million, will see Cicada Tech's full equity acquired, with $3 million in cash and the remainder through the issuance of Linkage Global Class A common shares. Cicada Tech founder Gary Yang noted that the global financial landscape is rapidly evolving, and the company aims to build RWA financial blue chips and shape the future of on-chain asset management.
Cicada Tech and Linkage Global Sign Merger Intent Letter for $60M Deal
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