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UTime Plans $80M Feixiaohao Deal to Enter Web3 Data
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1 Articles
UTime Plans $80M Feixiaohao Deal to Enter Web3 Data
Technology company UTime Limited, listed on Nasdaq under the ticker WTO, has revealed plans to expand into the blockchain data sector through a potential acquisition. The company disclosed that it had signed a non-binding letter of intent to purchase 100 percent of Feixiaohao Technology Inc., the operator of the Web3 data analytics and digital asset pricing platform Feixiaohao. The proposed transaction could reach a value of up to $80 million an…
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