Jiuzi Holdings Announces Strategic Investment in Digital Asset Management

Jiuzi Holdings (Nasdaq: JZXN) has announced the signing of a securities purchase agreement with several strategic investment institutions in the field of crypto asset management and digital asset allocation. According to ChainCatcher, investors will subscribe to 40 million ordinary shares of the company at a price of $1.5 per share, with the total transaction valued at approximately $60 million, injected in the form of equivalent crypto assets, marking a 50% increase from the original plan. The investment institutions participating in this round of financing focus on building crypto asset portfolios, managing digital asset risks, and discovering on-chain value. Jiuzi Holdings stated that this agreement signifies the full-scale implementation of its Digital Asset Treasury (DAT) strategy. The company aims to construct a digital asset treasury system with long-term value growth potential and cyclical resilience through systematic asset allocation, dynamic risk control, and liquidity efficiency optimization.