Baiya International Group Inc. has made a significant strategic move in the human resources technology sector by announcing a Share Purchase Agreement with Dubai-based STARFISH TECHNOLOGY-FZE. The deal, which was finalized on September 19, 2025, entails Baiya acquiring 100% of Starfish and its flagship platform, UpTop.Meme. This platform boasts a decentralized liquidity protocol built on the BNB Chain, aimed at providing liquidity services for crypto-native digital assets, tokenized U.S. equities, and digital bonds. The overarching ambition behind this acquisition is for Baiya to establish itself as a leader in decentralized liquidity infrastructure.
In exchange for all outstanding equity in Starfish, Baiya will issue 2,320,000 newly-issued Class A ordinary shares. This transfer of equity is currently underway and is expected to conclude in the fourth quarter of 2025, pending customary closing conditions. Baiya and Starfish will collaborate closely to ensure a smooth completion of this transaction.
This acquisition is a critical milestone in Baiya’s roadmap toward digital transformation and follows a framework agreement announced in July 2025. After two months of rigorous due diligence, UpTop was deemed to meet all of Baiya’s operational and compliance standards. The platform’s recent launch on Binance Alpha highlights both its strategic value and the potential synergies that this acquisition may bring.
Siyu Yang, Chief Executive Officer of Baiya, expressed her enthusiasm regarding the Agreement, emphasizing its role in accelerating the company’s entry into the digital asset and fintech sectors. Yang stated that the acquisition of UpTop not only reinforces Baiya’s foundation but also enhances its innovation capabilities in creating a comprehensive digital asset ecosystem. She noted that integrating UpTop’s team and technologies would bolster Baiya’s competitive edge and drive sustainable long-term growth.
Baiya’s evolution reflects its commitment to providing one-stop crowdsourcing recruitment and SaaS-enabled HR solutions through its Gongwuyuan Platform. Originally starting as a job matching service provider, the company has strategically developed its platform to improve job matching and HR services in the flexible employment marketplace.
The announcement also included a cautionary note regarding forward-looking statements that outline potential risks and uncertainties associated with the company’s plans and objectives. Baiya acknowledges that while it believes its expectations are reasonable, actual outcomes may differ materially from anticipated results.
For any inquiries, Baiya International Group Inc. has provided contact information for both its Investor Relations Department and Ascent Investor Relations, encouraging interested parties to reach out for further details.
