According to Odaily Planet Daily, the innovative RWA platform CycleX signed a memorandum of cooperation with Qomolangma Acquisition Corp and has begun due diligence preparations before listing. The two parties agreed to complete the company's listing plan in the first quarter of 2026. The memorandum of cooperation includes terms such as the content of due diligence, the responsibilities and obligations of both parties, and the timetable of the listing plan.
The RWA platform CycleX was launched by the fintech company Whaleflow Labs. It is committed to building a decentralized RWA asset trading platform that provides multiple services such as tokenization, asset issuance, circulation transactions, and asset management for real-world assets. CycleX's goal is to connect global financial assets with investors, reduce the transaction costs and entry barriers of financial products across regions and jurisdictions, and enable global investors to enjoy investment diversity and convenience.
