Reitar Logtech (RITR) announced a comprehensive strategic partnership with Solowin Holdings (SWIN). According to a non-binding Memorandum of Understanding signed by both parties, Solowin’s USD-denominated fund Solomon Capital Fund SPC-Solomon Capital SP9 has expressed intent to make a strategic investment of up to US$150 million in Reitar’s logistics automation facilities, automated cold storage and related automated assets, to jointly explore logistics asset tokenization and stablecoin application innovations.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RITR: