Trident Digital to purchase 30% equity interest in Tongxin Innovation
Acquisition Announcement: Trident Digital Tech has signed a definitive sales and purchase agreement to acquire a 30% equity stake in Tongxin Innovation, which operates the ToMe Web 3.0 e-commerce platform on Telegram.
Transaction Value: The acquisition is valued at approximately US$3 million and will be executed through the issuance of Trident's ADSs as Class B ordinary shares to Tongxin's shareholders.
Valuation Implication: This transaction implies a total valuation of around US$10 million for Tongxin Innovation.
Strategic Expansion: The investment marks a significant expansion of Trident's Web 3.0 ecosystem and underscores its commitment to developing blockchain-enabled e-commerce solutions.
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Trident Digital Tech Sponsors Singapore Comic Con 2025, Unveils New Interactive Experiences
- Sponsorship Return: Trident Digital Tech Holdings Ltd. returns as the Title Sponsor of Singapore Comic Con 2025, scheduled for December 6-7, 2025, reinforcing its leadership in digital transformation.
- Expanded Interactive Experiences: The Tridentity platform will introduce several digital-first initiatives, including the Tridentity Comic Con Quest pre-event trivia challenge, designed to enhance fan engagement and strengthen connections with creators and merchants.
- Exclusive Ticket Promotions: During the event, Tridentity will offer special ticket bundle deals that combine SGCC tickets with added-value voucher packs, aimed at attracting more attendees and enhancing on-site interaction.
- Merchant Ecosystem Integration: By collaborating with SGCC exhibitors, Tridentity will feature them in its app, provide vouchers and discounts, and drive foot traffic to their booths, thereby enhancing the commercial value and engagement of the convention.
Trident's CTO to Present Customer Impact Insights at Tencent Cloud Day Singapore 2025
Trident's Participation in Tencent Cloud Day: Trident Digital Tech's CTO, Poh Kiong (Leo) Tan, will speak at Tencent Cloud Day Singapore 2025, discussing "AI-Powered Opportunities in a Changing World" on November 11, 2025.
Strategic Partnership with Tencent Cloud: Trident's collaboration with Tencent Cloud, initiated in March 2025, has allowed the company to migrate its digital services and become the first Metaverse-in-a-Box customer in Singapore, enhancing its Tridentity app.
Impact of AI and Cloud Technologies: The partnership aims to leverage AI-powered cloud technologies to deliver secure digital identity solutions, with a focus on serving millions of users across Southeast Asia and Africa.
Event Overview: Tencent Cloud Day Singapore 2025 will feature industry leaders discussing the impact of AI on globalization, including keynotes and showcases on various topics like cloud security and AI in healthcare.
