RWA platform CycleX signs a memorandum of cooperation with SPAC (Qomolangma Acquisition Corp)

Innovative RWA platform CycleX has signed a memorandum of cooperation with Qomolangma Acquisition Corp and has begun due diligence preparations before listing. The two parties agreed to complete the company's listing plan in the first quarter of 2026. The memorandum of cooperation stipulates terms including the content of due diligence, the responsibilities and obligations of both parties, and the timetable of the listing plan. RWA platform CycleX was launched by fintech company Whaleflow Labs and is committed to building a decentralized RWA asset trading platform to provide tokenization, asset issuance, circulation transactions, asset management and other services for real-world assets. CycleX's goal is to connect global financial assets with investors, reduce the transaction costs and entry barriers of financial products across regions and jurisdictions, and enable global investors to enjoy investment diversity and convenience.