DL Holdings Group Ltd. has announced a strategic partnership with Rich Dragon Consultants Limited, a Hong Kong-based technology enterprise. The two companies have entered into a non-binding term sheet for a share swap valued at HK$60 million, signaling DL Holdings' entry into the high-growth stablecoin market. This collaboration will allow DL Holdings to leverage Rich Dragon's extensive network and expertise in digital asset solutions. Additionally, Rich Dragon plans to apply for a stablecoin license in Hong Kong, with both parties set to jointly promote stablecoin applications and business opportunities. The partnership aims to strengthen DL Holdings' position in the evolving financial landscape through enhanced product support and investor relations activities.
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