- FiEE (MINM, Financial) acquires Yixuntong's tech for $1.4 million, enhancing authentication and KYC capabilities.
- The company secured 85 sales contracts worth over $400,000 between March and May 2025.
- The acquisition aims to expand service offerings in both B2B and B2C markets.
FiEE, Inc. (NASDAQ:MINM) has strategically acquired intellectual property and fixed assets from Suzhou Yixuntong Network Technology Co., Ltd. for a total of $1.4 million. The acquisition was completed on June 30, 2025, and includes more than 20 software copyrights and three core patents. These patents center around advanced product authentication, high-efficiency file transfer systems, and blockchain-powered KYC solutions, bolstering FiEE's technological infrastructure.
This strategic acquisition is expected to significantly enhance FiEE's service offerings, opening new revenue streams across both enterprise (B2B) and consumer (B2C) markets. By integrating these cutting-edge technologies, FiEE aims to accelerate its transformation into a comprehensive brand management ecosystem. The improved capabilities in authentication, file transfer, and identity verification are poised to provide unique value to enterprise clients and individual creators alike.
Notably, FiEE has already demonstrated early success by securing 85 sales contracts worth over $400,000 through its SaaS platform integration, between March and May 2025. This immediate revenue generation from the newly acquired technologies suggests a promising future for FiEE's investment in enhancing its digital solutions and market presence.
The acquisition aligns with FiEE's long-term goal of cultivating a robust "billion-follower KOL community," positioning the company to thrive in the fast-evolving digital landscape, and delivering sustainable growth and value to its shareholders.
