Odaily Planet Daily reports that DDC Enterprise Limited (NYSE: DDC), a New York Stock Exchange-listed company, has completed a $124 million equity financing round led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC founder, chairman, and CEO Zhu Jiaying personally invested $3 million. It is reported that nearly all participating investors in this round (including the founders' investment) have committed to lock up their shares for 180 days from the closing date to support the execution of DDC's Bitcoin treasury strategy.