World Mobile reaches strategic cooperation with Nasdaq-listed LHSW, connecting traditional capital markets with Web3 infrastructure
BlockBeats news, March 16 — Recently, driven by UAE OOKC Investment Holding Group, Nasdaq-listed AI technology company jointly with Sowell International Group (NASDAQ: LHSW) announced the signing of a strategic cooperation memorandum of understanding with the global leading decentralized communication network operator World Mobile. The collaboration aims to promote synergy between technological innovation and capital markets, and to explore innovative business models for digital economy infrastructure.
This cooperation is intended to explore the development of a new generation of global digital infrastructure networks through artificial intelligence (AI), decentralized physical infrastructure networks (DePIN), and blockchain technology, as well as to research innovative models such as real-world asset digitization (RWA) and real data assets (RDA) in the digital economy sector.
The core team of World Mobile mainly comes from the UK and the US. The founding members are telecom and network technology experts with over 20 years of experience, having served as executives at global major telecom equipment manufacturers and network infrastructure companies. Other core members come from international investment banks and consulting firms such as Goldman Sachs and McKinsey & Company. Its ecosystem token WMTX has been listed on a certain exchange.
As XStocks under a certain exchange explores cooperation on securities tokenization with Nasdaq, the integration of traditional capital markets and blockchain digital asset ecosystems is becoming an important trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley senior bond investor turns bullish on US Treasuries for the first time in ten years
US Stock Movement | SuperX AI Technology (SUPX.US) once fell more than 2.5%, hitting an intraday low of $6.46
SuperX AI Technology's stock price declined, falling more than 2.5% at one point.
BUZZ-Pacira BioSciences participated in a Viatris acquisition deal worth 1.65 billions dollars
Latest Update October 8 – Pacira BioSciences (PCRX.O) shares surged by 44%, hitting a more than three-year high at $36.30. If the rally holds, PCRX is poised for its largest single-day gain on record. Pharmaceutical company Viatris (VTRS.O) will acquire Pacira BioSciences in a $1.65 billion cash deal, offering $36.50 per share. The offer represents a premium of approximately 44.8% over Pacira’s recent closing price of $25.20. The transaction will add Pacira’s non-opioid pain medications Exparel and Zilretta to Viatris' product portfolio. Viatris shares fell 2.6% to $17.04. JPMorgan stated: “We believe this acquisition will not significantly alter VTRS' overall financial profile in the short or long term, and expect Exparel’s sales to gradually decline post-2030 due to generic market entry.” Both parties expect to complete the transaction by the end of 2026. Including intraday fluctuations, PCRX shares have risen 40.2% year-to-date, while VTRS has gained 36.8%. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translation may contain errors or lack the necessary context, Reuters does not guarantee the accuracy of automated translated texts and provides them for readers’ convenience only. Reuters assumes no liability for any damage or losses resulting from the use of automated translation.)
Crypto prices
More
