Descrypto Holdings, formerly W Technologies, (OTCPK:WTCG) signs a non-binding letter of intent to acquire Areca Financial Services, a cryptocurrency infrastructure and marketing firm. Descrypto expects to fund the acquisition with equity, the terms will be set in the definitive agreement and Areca's senior management is expected to join WTCG's board. WTCG is currently going through the FINRA corporate action process for its new name.
