The US-listed company Scilex Holding has signed a memorandum of cooperation with Biconomy.com to jointly develop strategies for Crypto Assets and asset management solutions.

According to a report by GLOBE NEWSWIRE on September 24, Deep Tide TechFlow announced that Scilex Holding Company (NASDAQ: SCLX), a U.S. publicly listed company focused on non-opioid pain management products, has signed a non-binding, non-exclusive memorandum of cooperation with Biconomy.com. The two parties will collaborate on crypto assets and asset management strategies.

The cooperation covers three main areas: providing global digital asset trading services for Scilex using Biconomy's Crypto Assets trading platform, involving major Crypto Assets such as Bitcoin and Ethereum, with a potential value that may exceed one billion dollars for each Crypto Asset; establishing a Crypto Assets management strategy for Scilex that balances security, liquidity, compliance, and returns; and providing financial and trading information for Scilex through the technology of Biconomy.com to achieve the monetization of digital assets.

BTC0.51%
ETH0.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)