Cicada Tech Announces Acquisition and Public Market Entry Plan

December 03, 2025 at 08:22 AM EST

On December 1, 2025, Cicada Tech Limited (“Cicada Tech”) and Linkage Global Inc., a NASDAQ-listed company, announced the signing of a non-binding LOI for an acquisition toward the public markets, followed by a Form 6-K announcement this week. The collaboration aims to build a global leader in On-chain Asset Management and RWA tokenization. Upon completion of the transaction, Cicada Tech signifies that the era of accelerated global development for RWA Finance and Asset Tokenization has begun, which is a necessary convergence between the traditional financial market and the emerging Open Finance ecosystem.

The official 6-K filing can be accessed here:https://www.sec.gov/Archives/edgar/data/1969401/000121390025117377/ea0268256-6k_linkage.htm

Founding Partner Gary Yang stated that “the world is rapidly transitioning into a new open financial environment, where asset management and investment industries will undergo a paradigm shift through on-chain contract-based management.” Cicada Tech’s partners and management team combine deep Crypto-Native venture building experience with over 15 years of institutional financial management expertise, aiming to establish blue-chip assets in RWA Finance and build a next-generation on-chain asset management platform for the Open Finance market.

Cicada Tech is a leading RWA Finance and on-chain asset management platform, providing Cicada Finance products and services that deliver professional Tech Issuance solutions for the tokenization of various asset classes in the emerging Open Finance market. The company brings high-quality real-world assets (RWAs) on-chain, transforming them into yield-bearing and composable liquid tokens. By combining its proprietary protocol engineering which includes the LT-RT Rebalance mechanism and rebase token architecture along with multi-strategy quantitative portfolios, compute-based mining, and supply chain asset tokenization, Cicada Tech is building advanced markets across QuantFi, ComputeFi, and SupplyChainFi. Through DeFi-driven incentive amplification, Cicada integrates the real yields generated by underlying RWAs with crypto ecosystem incentives, forming the distinctive Hybrid Yields model that defines RWA Finance and on-chain asset management.

Cicada Tech prioritizes professional integrity and regulatory compliance, partnering with institutional-grade custodians, conducting smart-contract audits, and maintaining a layered risk-control framework to ensure the safety and compliance of all tokenized assets. This enables both institutional and retail investors to access high-quality RWA products such as rtUSQ. Supported by a network of global compliance partners and leading ecosystem collaborators, Cicada Tech is committed to becoming a bridge between traditional capital markets and the emerging Open Finance economy.