(GLG) - TD Holdings To Acquire Digital Cloud Warehouse Software Copyrights For Cryptocurrency Transactions
China’s TD Holdings, Inc. (NASDAQ: GLG) subsidiary Tongdow (Hainan) Digital Technology inked a letter of intent (LOI) with Yunfeihu IoT and Tongdow E-commerce Group on February 5, 2021, to acquire eight software copyrights for commodities storage in digital cloud warehouse. The acquisition will ensure further diversified settlement channels of commodity trades, including payments via bitcoin or other encrypted currencies, and improved warehouse order tracking system efficiency. The eight software copyrights include Smart Hardware Management Platform System 3.0, Smart Storage System Ma...