According to Odaily Planet Daily, Hong Kong-listed Lion Holdings announced that it has signed a letter of intent with a potential seller, intending to accelerate the company's expansion into artificial intelligence and decentralized finance through an acquisition. The transaction will be paid through the allotment and issuance of new shares, with a three-year revenue and profit guarantee.

The target company, founded in Singapore, specializes in the research and development of artificial intelligence, blockchain, DeFi, and stablecoin technologies. It has previously developed and successfully launched a stablecoin platform and related infrastructure. The acquisition is subject to completion of due diligence and the signing of a definitive agreement.