According to TechFlow, Canadian listed company DeFi Technologies signed a letter of intent to acquire digital asset liquidity provider Stillman Digital. According to the letter of intent, DeFi Technologies will acquire all issued and outstanding securities of Stillman Digital in exchange for 2.5 million common shares of DeFi Technologies, of which 1 million payment shares are subject to a lock-up plan and released quarterly within one year. The two parties intend to reach a final agreement on the acquisition by July 31, 2024.