Moonstake Enters Into MOU to Commence Negotiations with SGX-listed OIO Holdings to Become a Subsidiary
Retrieved on:
Thursday, January 21, 2021
SINGAPORE, Jan 21, 2021 - (ACN Newswire) - As of 20th of Jan, Moonstake announced that it signed an MOU with OIO Holdings Limited (OIO), a Singapore Stock Exchange (SGX) listed company, to begin negotiations for OIO to make Moonstake a wholly owned subsidiary.
Key Points:
- SINGAPORE, Jan 21, 2021 - (ACN Newswire) - As of 20th of Jan, Moonstake announced that it signed an MOU with OIO Holdings Limited (OIO), a Singapore Stock Exchange (SGX) listed company, to begin negotiations for OIO to make Moonstake a wholly owned subsidiary.
- Moonstake debuted its staking business last year with the aim to create the largest staking network in Asia.
- Based on the continuous growth, Moonstake has successfully closed its seed round funding and has raised $1.04 Million in Oct 2020.
- Now, Moonstake and OIO, which have been business alliance partners and are growing rapidly together have started negotiations about acquisition.