Youxin Technology Announces a US$20 Million Strategic Investment Intent and Cooperation Framework with RiverBit
Summary
Youxin Technology signed a non-binding term sheet with RiverBit for a proposed strategic investment tied to RiverBit’s launch and operating milestones. The plan calls for Youxin to invest up to US$20 million for a 10% equity interest if RiverBit reaches specific user and trading-volume targets. RiverBit is building a decentralized perpetuals platform focused on tokenized U.S. equity contracts, AI-assisted trading, and on-chain settlement. The announcement also highlights possible future participation in RiverBit’s next financing round if volume scales significantly. The deal remains subject to due diligence, definitive agreements, approvals, and regulatory requirements.
Classifications
industries
Retail
applications
Data Management
AskAI Classifications
Labels
PaaS
Low-Code Development Platform
Enterprise Software
Linked Companies
Youxin
up to $1M