Intchains(US:ICG) Globenewswire·2025-11-13 12:00Core Viewpoint - Intchains Group Limited has signed a definitive agreement to acquire a Proof-of-Stake technology platform for $1.3 million, enhancing its capabilities in the blockchain space and positioning the company for growth in decentralized finance [1][2]. Group 1: Acquisition Details - The acquisition involves a PoS technology platform currently operated by DxPool, which will be rebranded under Intchains after the acquisition [1]. - The acquisition is expected to close in approximately 30 business days, contingent on meeting relevant closing conditions, and will not include any of the seller's debts or liabilities [1]. - The target consists primarily of intangible assets, including systems, technological infrastructure, and existing customer relationships necessary for staking operations [3]. Group 2: Strategic Importance - This acquisition represents a strategic step for Intchains to build long-term shareholder value by expanding into high-margin, technology-driven services to meet the growing demand for cryptocurrency staking [2]. - The addition of the PoS platform will diversify Intchains' technology offerings and contribute to its business ecosystem, which includes altcoin mining and Web3 application development [4]. Group 3: Future Plans - Upon completion of the acquisition, Intchains plans to leverage the new PoS platform alongside its existing FalconX platform to stake a significant portion of its ETH holdings, which currently includes 1,000 ETH, representing approximately 11.3% of its total ETH treasury [5]. - The company aims to maximize staking returns and diversify its ETH holdings as part of its treasury yield-generating strategy [5]. Group 4: Leadership Perspective - The Chairman and CEO of Intchains emphasized that the acquisition aligns with the company's strategy to expand its presence in next-generation blockchain infrastructure and enhances its technological capabilities [6].