- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Baiya International Aims to Acquire UpTop.Meme Platform's Parent Company Starfish, Ushering in the "Web3 New Era"
BlockBeats News, July 18th, Baiya International Group Limited (hereinafter referred to as "Baiya" or the "Company") (NASDAQ: BIYA) is an HR technology company that utilizes a cloud platform to provide a one-stop crowdsourcing recruitment and SaaS-empowered HR solution. Today announced that it has signed a strategic merger framework agreement with Dubai-based technology company STARFISH TECHNOLOGY-FZE (hereinafter referred to as "Starfish"). Under the agreement, Baiya intends to acquire all the equity and core assets of Starfish. This transaction marks Baiya's comprehensive transformation into a digital asset and financial technology company, formally entering the "Web3 New Era" of the global capital market.
This proposed acquisition includes Starfish's UpTop.Meme platform (hereinafter referred to as "UpTop"), which is a decentralized liquidity protocol built on the BNB chain. Baiya will acquire all related intellectual property and operational rights of the platform, including the decentralized protocol, technical intellectual property, and the complete technical and operational team. Baiya also plans to integrate its core team to further enhance the platform's technical capabilities and global operational capabilities. The company expects this merger to bring approximately $15 million in additional profits.
UpTop.Meme is a decentralized liquidity protocol platform built on the BNB chain, designed to provide on-chain liquidity services for crypto-native digital assets and tokenized US stocks and treasuries. The platform aims to become the world's largest decentralized liquidity infrastructure.
You may also like
Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
Consumer application issues
Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish
Legendary investor Naval: In the AI era, traditional software engineers have no value?
More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani
Key Market Insights on March 2nd, how much did you miss?
How to systematically track high-performing addresses on Polymarket?
From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?
PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm
US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…
Crypto VC Paradigm Plans $1.5 Billion Expansion into AI and Robotics
Key Takeaways: Paradigm is setting up a new $1.5 billion fund to explore AI, robotics, and other emerging…
Ethereum Smart Accounts Set to Launch Within a Year, According to Vitalik Buterin
Key Takeaways: Ethereum’s “account abstraction” or smart accounts might be introduced in the coming year through the Hegota…
Bitcoin Recovers After Iran Conflict Shocks Market, Reverses $5K Fall in Just 24 Hours
Key Takeaways: Bitcoin dropped to approximately $63,000 amid tensions but rebounded to $68,200 within a day. Volatility led…
Former Mt. Gox CEO Suggests Hardfork to Retrieve $5.2 Billion in Bitcoin
Key Takeaways: Mark Karpelès, former CEO of Mt. Gox, proposes a Bitcoin network hard fork to access nearly…
South Korea National Tax Service’s Mistake Resulted in $4.8 Million Crypto Loss
Key Takeaways South Korea’s National Tax Service inadvertently exposed private keys, resulting in a $4.8 million crypto loss.…
Morgan Stanley Seeks National Trust Charter for Cryptocurrency Custody
Key Takeaways: Morgan Stanley has initiated a significant step toward digital asset management by applying for a national…
Solana Price Outlook: Major ETF Inflows Hint at Institutional Moves
Key Takeaways: Solana has experienced substantial ETF inflows, prompting speculation about institutional buy-in. On February 25, Solana recorded…
Bitcoin Price Prediction: Wikipedia Founder Warns BTC Could Plunge Below $10K — Should Investors Worry?
Key Takeaways Wikipedia co-founder Jimmy Wales warns Bitcoin might decline to below $10,000, prompting a bearish outlook. Wales…
App