MoUJul 29, 2026, 03:46 PM
Digital Currency X Signs MOU with Whales AI for $20M Investment
AI Summary
Digital Currency X Technology Inc. (DCX) announced a non-binding Memorandum of Understanding (MOU) with Whales AI Limited to commercialize Whales AI's AI and STEM education robotics platform in the United States and Canada. Under the terms, DCX intends to invest US$20 million and will serve as the exclusive territory agent, sharing resulting platform revenue on a 60%/40% basis with Whales AI. This move aligns with DCX's shift towards AI-driven business lines, targeting a rapidly growing market, though definitive agreements are still subject to negotiation and due diligence.
Key Highlights
- DCX signed a non-binding MOU with Whales AI for strategic cooperation.
- DCX intends to invest US$20 million to support the Platform's development.
- DCX will serve as the exclusive territory agent for the AI + STEM robotics platform in the US and Canada.
- Parties intend to share platform revenue on a 60% (DCX) / 40% (Whales AI) basis.
- Global AI in education market projected to reach US$136.79 billion by 2035.
- Global educational robots market projected to reach US$5.84 billion by 2030.
- MOU is non-binding; definitive agreements are subject to due diligence and approvals.
Price Impact
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