TROOPS Signs Term Sheet With Young Platform for Crypto Exchange
HONG KONG – October 30, 2026 -- Nasdaq-listed TROOPS, Inc. (TROO) has signed a term sheet with Young Platform S.p.A. to license a proprietary digital asset exchange platform, a deal that becomes binding on November 1, 2026.
License would cover source code, matching engine and wallet systems
The term sheet sets the principal terms for a future license agreement. TROOPS expects access to Young Platform's source code, matching engine technology, wallet management systems, administrative tools, technical documentation and deployment support. The company says these assets will shorten development timelines for its planned exchange.
The two companies also plan to collaborate on configuration, integration, deployment and future development of the platform. TROOPS intends to launch and operate the exchange together with EFFORCE Group.