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Jiuzi Holdings receives $90 million investment to advance blockchain and Web3 ecosystem expansion
Odaily Planet Daily reports that Nasdaq-listed Bitcoin treasury company Jiuzi Holdings announced the signing of a strategic cooperation memorandum of understanding with Morgan International Finance Ltd. The latter plans to invest $90 million in Jiuzi Holdings through equity investment. The specific investment structure, lock-up period, and other arrangements will be determined after further negotiations between the two parties and the signing of legally binding final transaction documents. The new funds will be used to support Jiuzi Holdings in advancing blockchain and Web3 ecosystem expansion, as well as executing its digital asset strategy. (PRNewswire)