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0.0528372093023258 0.0334883720930233 -0.047813953488372 -0.0200930232558138 -0.0974883720930233 -0.0950697674418604 -0.0876279069767441 -0.0976744186046511
Stock impact report

Intercont (Cayman) Limited Announces Strategic Acquisition of Singapore-Based Web3 Innovator Starks Network Ltd, Strengthening Its Position in On-Chain Digital Asset Infrastructure

Intercont (Cayman) Limited - Ordinary shares (NCT) 
US:NYSE Investor Relations: ir.driveshack.com
Company Research Source: GlobeNewswire
HONG KONG, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (Nasdaq: NCT)(“NCT” or “the Group”), a global carbon-neutral shipping company, announced that, it has entered into a Memorandum of Understanding (MOU) to acquire a less than 50% minority stake of Starks Network Ltd (“Starks Network” or “the Company”) , a leading Singapore-based Web3 technology service provider and will co-develop the Project zCloak Network (“zCloak”). This strategic agreement marks a signi?cant milestone, positioning NCT and zCloak to jointly advance the integration of maritime services and blockchain technology. Starks Network, incorporated in the Cayman Islands with operational headquarters in Singapore, has established strong competitive advantages in the global Web3 ecosystem with Project zCloak Network. The company’s proprietary frameworks and compliance-forward infrastructure span AI identity, enterprise self-custodial wallets, stablecoin payment systems, and AI-powered crypto payment tec Show less Read more
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