Eat&Beyond Signs Agreement to Acquire 100% of Milo Media and Plans to Participate in Ripple Network to Obtain XRP
Eat Beyond Global Holdings Inc., a Canadian listed company, has announced that it has signed a securities trading agreement to acquire 100% of the issued shares and 100% of the circulating subscription warrants of Milo Media Technologies Inc. The final agreement is subject to approval by the Canadian Securities Exchange. This acquisition will make Eat Beyond the first Canadian listed company to participate in the XRPL ecosystem. The company plans to use Milo Media's financial infrastructure solutions to participate in the Ripple network and obtain XRP, similar to how Bitcoin miners earn Bitcoin, and strategically position itself in blockchain financial infrastructure.
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