
Intchains Group Limited To Acquire a Proof-of-Stake Technology Platform, and Expand Blockchain Infrastructure Capabilities

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Intchains Group Limited announced the acquisition of a Proof-of-Stake technology platform from ECHOLINK Limited for $1.3 million. This strategic move aims to expand Intchains' blockchain infrastructure capabilities, adding staking operations for Ethereum, Avalanche, Manta, and Conflux. The acquisition enhances Intchains' digital asset management solutions and aligns with its strategy to grow in decentralized finance. The transaction is expected to close in 30 business days, excluding DxPool brand and Seller's debts.

