-+ 0.00%
-+ 0.00%
-+ 0.00%

Youxin Technology Announces a US$20 Million Strategic Investment Intent and Cooperation Framework with RiverBit

Barchart·07/14/2026 06:00:00
Listen to the news

Proposed Investment Targets On-Chain Tokenized U.S. Equity Perpetuals and AI Trading Infrastructure

Guangzhou, China, July 14, 2026 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (Nasdaq: YAAS) (“Youxin Technology” or the “Company”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced that it has signed a non-binding term sheet (the “Term Sheet”) with RiverBit Holding Limited (“RiverBit”), pursuant to which the Company intends to make a strategic investment in RiverBit and acquire a minority equity interest upon RiverBit’s achievement of certain operating milestones. RiverBit is developing a decentralized perpetual contracts trading platform expected to launch in mid-August 2026. The planned platform is designed to support tokenized U.S. equity perpetual contracts, AI Agent-enabled trading strategies, blockchain-based self-custody and 24/7 on-chain trading and settlement capabilities, while seeking to provide continuous market access and price discovery through blockchain infrastructure.

Read more at globenewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.