Dolin Holdings strategically invests in RichLong Consultant to promote stablecoin application and business collaboration

BlockBeats News, July 21st, according to the Securities Times, Derun Holdings has signed a non-legally binding memorandum with the Hong Kong technology company Fulong Advisor Limited, planning a strategic cooperation and equity swap. Derun Holdings will invest 60 million Hong Kong dollars in Fulong, aiming to enter the high-growth stablecoin market. Fulong will apply for a Hong Kong stablecoin license and, upon approval, cooperate with Derun Holdings to promote the use of stablecoins and business collaboration. Both parties will collaborate to develop business opportunities, with Fulong leveraging its merchant and user network to support product development and investor relations promotion for Derun Holdings and its affiliated platforms (such as Derun Securities and Synaptic Technologies).