TRADEGO to Acquire Stake in Singapore Licensed Firm Using Treasury Shares, Expanding into RWA and Web3

Stock News
06/05

TRADEGO (08017) has announced the signing of a strategic investment agreement with Eqrrwa Technology Holding Pte. Ltd. (the Seller) on June 5, 2026.

Under the terms of the agreement, the Seller has conditionally agreed to issue new shares to TRADEGO, representing 2.63% of the Seller's enlarged issued share capital following the introduction of the company and other investors in the same funding round.

The total consideration for this acquisition is set at US$1 million, which will be settled through the transfer of TRADEGO's treasury shares.

The Seller is a private company incorporated in Singapore, which, through its wholly-owned subsidiary, holds several significant regulatory licenses and registrations, including a U.S. Money Service Business license, an Exempted Reporting Adviser registration, a Regulation D exemption, and a Saint Lucia Virtual Asset Business license.

Additionally, the Seller possesses its own proprietary exchange system.

The Board of Directors believes this investment will effectively complement the Group's strategic positioning in Real World Assets (RWA) and global trading systems.

The two parties intend to collaborate on product development and business exploration in areas such as Web3 technology, compliant stablecoins, and compliant RWA tokenization.

They plan to engage in deep cooperation across multiple domains, including real-world event contract trading platforms, exchange systems, and the introduction of RWA assets.

This partnership is expected to leverage the combined strengths of both entities in technology, licensing, and customer resources, accelerating the Group's ability to provide more comprehensive services to professional investors and financial institutions.

The Board is of the view that the transaction terms are fair and reasonable and are in the overall interests of the company and its shareholders.

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