Linkage Global Inc has announced a non-binding Letter of Intent with Cicada Tech Limited for a potential $60 million acquisition. The deal includes $3 million in cash and the issuance of Linkage Global class A ordinary shares. The acquisition would allow Linkage Global to enter the on-chain asset management market and tokenize real-world assets into liquid, yield-bearing tokens. The transaction is subject to customary due diligence, appraisal, and audit, as well as negotiation of a definitive purchase agreement and regulatory approvals. Cicada Tech specializes in on-chain asset management and tokenization of real-world assets for DeFi solutions.

Read more at GlobeNewswire: Linkage Global Inc. Signs Non-Binding Letter of Intent to