Lion Holdings has signed a letter of intent with a Web3 company to advance its AI and DeFi businesses.

On September 15th, Hong Kong-listed Lion Holdings announced that it had formally entered into a letter of intent with a potential seller.

The company plans to further expand its business in artificial intelligence (AI) and decentralized finance (DeFi) through a strategic acquisition, deepening its innovative approach to integrating technology and finance.

According to the announcement, the proposed acquisition comes with a key safeguard: the target group's management and founders have pledged to provide a three-year revenue and profit guarantee, significantly enhancing the feasibility of the transaction and the certainty of future business integration.

The purchase price will be fully paid through the allotment and issuance of new shares by Lion Holdings, without requiring the company's cash resources, which will help maintain the robustness of its financial structure.

The transaction is currently in the progressing stages and final completion is subject to further due diligence and the signing of a formal acquisition agreement between the two parties. The target group is a Singapore-registered technology innovation company dedicated to the research and development of AI, blockchain, decentralized finance, and stablecoin technologies, as well as ecosystem development.

It has demonstrated exceptional capabilities in promoting the softwareization and productization of technology, having led and successfully developed several industry-leading stablecoin issuance and management platforms, providing underlying infrastructure support for financial institutions and technology companies.

The group not only possesses deep expertise in technology implementation, but has also built an extensive network of partners and user communities across the Asia-Pacific region. Lion Holdings stated that if the acquisition goes smoothly, it will help the company rapidly acquire cutting-edge technological capabilities and talent, further strengthening its strategic position at the intersection of DeFi and AI, and laying a solid foundation for the future launch of fintech solutions integrating stablecoin technology.

Market observers believe this trend also reflects the accelerating trend of traditional listed companies actively leveraging capital to invest in cutting-edge digital economies.