Citing Blockbeats, Intercont (Cayman) Limited (NCT) has announced an agreement to acquire a minority stake in Singapore-based Web3 firm Starks Network Ltd. The move aims to advance the development of the zCloak Network, a project specializing in AI digital identity, enterprise self-custody wallets, stablecoin payments, and AI-powered encryption. The collaboration will apply Web3 technology to digitize payment and business processes in the shipping and trade sectors. NCT and Starks Network described the acquisition as a key step in the group's long-term strategy to explore cross-industry expansion.
NCT Announces Strategic Acquisition of Starks Network (zCloak) to Expand Blockchain Infrastructure
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.