Jiuzi Holdings Secures $90 Million Investment to Advance Blockchain and Web3 Ecosystem Expansion

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