Qianxun Technology will acquire the Web 3 fintech company Punk Code for no more than HKD 25 million

ChainCatcher news, according to the Hong Kong Stock Exchange announcement, Hong Kong listed company Qianxun Technology has announced the signing of a non-binding memorandum of understanding for a potential acquisition, to acquire 100% equity of the Web 3 fintech company Punk Code for no more than HKD 25 million. The founding team of the latter mainly comes from Tencent and was involved in the establishment of Tencent's Hong Kong virtual bank Fusion Bank in 2020, exploring scenarios such as blockchain finance and digital assets.