BlockBeats news, on July 21, according to (Securities Times), Derlin Holdings signed a non-binding term sheet with Hong Kong technology company Fulon Consulting Limited, planning to engage in strategic cooperation and share exchange. Derlin Holdings will invest 60 million Hong Kong dollars in Fulon, aiming to enter the high-growth stablecoin market. Fulon will apply for a Hong Kong stablecoin license and, after approval, will work with Derlin Holdings to promote the application and business cooperation of stablecoins. The two parties will collaborate to develop business opportunities, and Fulon will leverage its merchant and user network to support products and promote investor relations in conjunction with Derlin Holdings and its subsidiary platforms (such as Derlin Securities and Synapse Technology).