ATIF Holdings Limited Signs Non-Binding Letter of Intent to Acquire Metra Group Limited

ATIF Holdings (Nasdaq: ZBAI) signed a non‑binding letter of intent to acquire Metra Group, a fintech that issues verifiable physical gold‑backed digital coins and runs a unified gold payment, custody and trading ecosystem. The proposed share‑for‑share deal values Metra at $450–$550 million, is subject to due diligence, board/shareholder and regulatory approvals (including possible Nasdaq approval), and includes a 60‑day exclusivity period. Market impact: if completed, the deal could accelerate institutionalization and distribution of tokenized gold products, potentially supporting incremental demand for physical gold and related market interest in XAUUSD, while regulatory and execution risks keep near‑term impact limited. The LOI is non‑binding and contingent on definitive agreements and customary closing conditions.