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Moonstake Enters Into MOU to Commence Negotiations with SGX-listed OIO Holdings to Become a Subsidiary
SINGAPORE, Jan 21, 2021 - (ACN Newswire) - As of 20th of Jan, Moonstake announced that it signed an MOU with OIO Holdings Limited (OIO), a Singapore Stock Exchange (SGX) listed company, to begin negotiations for OIO to make Moonstake a wholly owned subsidiary.
Moonstake debuted its staking business last year with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly staking wallets for both Web wallet and Mobile Application Wallet (iOS/Android) that are compatible with over 2,000 top cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake s total staking assets grew rapidly to reach USD 50 Million. By December, staking assets grew to USD 100 Million and currently, over USD 200 Million. Within a year since its establishment, the company was ranked in the top 20 of the world s 1,692 providers of ....

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