TechFlow news, according to Prnewswire, Canadian publicly traded company DeFi Technologies has signed a letter of intent to acquire Stillman Digital, a digital asset liquidity provider. Under the terms of the letter of intent, DeFi Technologies will acquire all issued and outstanding securities of Stillman Digital in exchange for 2.5 million common shares of DeFi Technologies, with 1 million of the shares subject to a lock-up arrangement and released on a quarterly basis over one year. The parties intend to enter into a definitive agreement regarding the acquisition by July 31, 2024.
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