Blue Hat Interactive Entertainment Technologies Announces Plan to Acquire GTC Multi Trading DMCC

Core Insights - Blue Hat Interactive Entertainment Technology has entered into a Letter of Intent to acquire 60% of GTC Multi Trading DMCC, a financial technology company based in the UAE, marking a significant milestone in the global fintech sector, particularly in AI-assisted trading of precious metals and financial derivatives [1][2] Company Overview - Blue Hat was previously focused on communication services and AR interactive entertainment but is now expanding into commodity trading, aiming to become a leading intelligent commodity trader globally [3] Strategic Shift - The acquisition signifies a pivotal shift in Blue Hat's strategy towards the fintech sector, integrating AI technology with financial services, and is seen as the first phase of collaboration following a framework cooperation agreement with GTC Group LLC [2] Partnership Outlook - The partnership is expected to leverage AI technology for breakthroughs in financial transactions, customer service, and product innovation, fostering growth potential within the fintech industry [2]