Cicada Tech has signed a non-binding letter of intent for a merger and listing with Nasdaq-listed Linkage Global.

According to Mars Finance, on-chain asset management platform Cicada Tech and Nasdaq-listed Linkage Global have announced the signing of a non-binding letter of intent for a merger and listing, and will issue a 6-K filing this week, aiming to create a leading global on-chain asset management company. CICADA's listing process will mark the beginning of a period of rapid development for RWA finance and is an inevitable trend of combining traditional and emerging finance. Founder Gary Yang stated that the world is rapidly entering a new financial environment, with both asset management and investment undergoing paradigm shifts. CICADA, combining its rich experience in cryptography with professional asset management credibility, is committed to building a blue-chip stock in RWA finance and creating a future-oriented on-chain asset management industry.