Zhibao Technology to acquire crypto trading platform MeVX
- —MeVX is a non-custodial terminal for on-chain and meme-asset trading
- —The platform has about 2 million users and $8 million in deposits
- —It supports Solana, Ethereum, BNB Chain and Base
- —A definitive agreement is expected within the next 12 months
Why it matters: A listed company is entering on-chain trading via an acquisition of a platform with an established Southeast Asian user base.
Source: Seeking Alpha Crypto