Zhibao Technology Inc. has signed a non-binding Letter of Intent to acquire MeVX, a non-custodial multi-chain trading terminal specializing in on-chain and meme-asset trading. MeVX supports major blockchains like Solana and Ethereum, serving about 2 million users with $8 million in deposits, and has localized operations in Vietnam for Southeast Asian expansion. This acquisition aims to broaden Zhibao's digital service offerings beyond insurance into the growing crypto trading market. The deal is subject to due diligence, regulatory approvals, and corporate restructuring, with a definitive agreement expected within 12 months.
Zhibao Technology Inc.'s recent move to acquire MeVX provides context for readers interested in tech and digital asset developments. For readers following the US stock market on Pluang as of Sep 23, 2026 17:51 WIB: out of 150 priced US stocks, 93 rose and 50 fell. Notable movers include UMC at USD 25.16 with a 1-day change of -2.37% and 70% sell order activity, ASX at USD 44.20 down 2.21% with 71% sell orders, and RCL at USD 239.86 up 2.12% with 100% buy orders. Typical hold times range from 41 to 84 days among these stocks.
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