Himalaya Technologies announced that it has signed a letter of intent to acquire Web3 developer Mad Hatter Society.

Himalaya Technologies, a US-listed company, announced that it has signed a Letter of Intent (LOI) to acquire a 100% stake in Mad Hatter Society, Inc., a major player in the Web3 development field. The specific amount has not been disclosed. After this strategic acquisition, Himalaya will expand its digital finance capabilities and enhance its Web3 product portfolio, as well as significantly enhance its liquidity pool financing business. It is reported that the acquisition will be completed 30 days after the letter of intent is signed and due diligence is completed.