Blue hat interactive entertainment technologies announces plan to acquire gtc multi trading dmcc

Xiamen, china, may 22, 2024 (globe newswire) -- blue hat interactive entertainment technology (“blue hat” or the “company”) (nasdaq: bhat) today announced that it has entered into a letter of intent (the “loi”) to acquire gtc multi trading dmcc ("gtcm"), a financial technology company registered in the united arab emirates. according to the loi, bhat plans to acquire, through multiple rounds, an aggregate of 60% of the shares of gtcm through the issuance of ordinary shares. the transaction represents a significant milestone for bhat in the global fintech sector, especially in the innovative realm of artificial intelligence (ai)-assisted trading of gold and other precious metals and financial derivatives.
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