Search results for letter of intent
Crypto
SBI Holdings in talks to acquire stake in Japan\'s crypto exchange Bitbank
SBI Holdings is negotiating to acquire a stake in Japanese cryptocurrency exchange Bitbank, The Block reported on May 1. The move aims to bring Bitbank in as a consolidated subsidiary and strengthen SBI Holdings\' position in Japan\'s crypto market. Chairman and CEO Yoshitaka Kitao (요시타카 키타오) said the company submitted a letter of intent and began talks on capital and business cooperation. SBI Holdings plans to proceed after due diligence and internal procedures.
Crypto
SBI Holdings seeks controlling stake in Singapore crypto exchange Coinhako
SBI Holdings has signed a letter of intent to acquire a stake in Singapore cryptocurrency exchange Coinhako, Cointelegraph reported. The transaction will be carried out through SBI Ventures Asset. Once completed, SBI Holdings will become Coinhako\'s controlling shareholder and plans to fold it into a wholly owned subsidiary after regulatory approval. Chairman Yoshitaka Kitao said the deal is part of a strategy to build global infrastructure spanning digital assets, securities and stablecoins.
Industry
South Korea and Netherlands to expand cooperation in semiconductors and quantum technology
South Korea and the Netherlands will expand technology cooperation in semiconductors and quantum fields, the Ministry of Trade, Industry and Energy said. The two countries held the fourth South Korea-Netherlands Joint Committee on Innovation in The Hague and signed a letter of intent to strengthen cooperation. They agreed to jointly respond to global competition in technological hegemony. Since 2016, cooperation has progressed through the Eureka network, with 41 joint R&D projects supported so far.