Zhibao Technology Inc. (ZBAO) Signs LOI to Acquire MeVX

Zhibao Technology Inc. (ZBAO) Signs LOI to Acquire MeVX

Zhibao Technology Inc. entered a non-binding LOI to acquire MeVX, a non-custodial multi-chain trading terminal. The deal is subject to due diligence, regulatory approvals, restructuring, and a definitive agreement expected within 12 months.

This is an early-stage move to diversify beyond insurance into on-chain trading infrastructure. A signed definitive agreement and clearer financial terms or synergies would turn this into a stronger catalyst.

Based on the original press release from Zhibao Technology Inc. distributed by TMX Newsfile.