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News  ›  GlobeNewswire Inc.

Linkage Global Inc. Signs Non-Binding Letter of Intent to Acquire On‑Chain Asset Management Solutions Provider Cicada Tech Limited

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Angela Wang
Linkage Global Inc. Signs Non-Binding Letter of Intent to Acquire On‑Chain Asset Management Solutions Provider Cicada Tech Limited

Linkage Global Inc. has signed a non-binding Letter of Intent to potentially acquire Cicada Tech Limited for $60 million, aiming to enter the on-chain asset management and RWA tokenization market.

Insights
FG   neutral

Company is being partially distributed to shareholders without significant positive or negative implications


LGCB   positive

Seeking strategic expansion into blockchain asset management, demonstrating proactive growth strategy