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 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] Group 1: Company Strategy and Vision - The acquisition signifies a pivotal shift in Blue Hat's strategy towards the fintech sector and aims to integrate AI technology innovation with financial services [2] - The partnership with GTCM is expected to empower Blue Hat to leverage AI technology for breakthroughs in financial transactions, customer service, and product innovation [2] Group 2: Business Background - 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]