The Hong Kong-listed company "Daren International" has signed a memorandum of understanding with FLock Technology Holdings, potentially incorporating FLOCK into its strategic token reserves

According to PRNewswire, the Hong Kong-listed company "Adult International" announced the signing of a non-binding memorandum of understanding with FLock Technology Holdings. The two parties will collaborate to develop privacy-preserving artificial intelligence solutions and consider future strategic expansions, including the potential incorporation of the FLOCK token into "Adult International's" strategic token reserves.

FLock stated that the collaboration with "Adult International" marks a key step in expanding its privacy-preserving AI technology from highly regulated industries such as healthcare and finance to consumer manufacturing and the apparel supply chain. "Adult International" has a strong distribution and manufacturing foundation in the Southeast Asian apparel and gifts industry.