Svmuu reported that Guofu Quantum, a Hong Kong-listed company, announced the acquisition of approximately 11.89 million issued shares in Luffa AI, a decentralized social and messaging platform, for $19.8 million (approximately HK$154 million). It will also subscribe for 10 million new shares in Luffa AI for $20 million (approximately HK$156 million). Upon completion of the transactions, it will hold a 19.9% stake in Luffa AI. Luffa AI is primarily engaged in the development and operation of communication and social networking products and related services based on artificial intelligence and Web3. It uses end-to-end encryption and distributed technology to protect user data, and serves as an infrastructure layer for autonomous AI agents, providing services such as decentralized identity and permission management. (PRNasia)