#Cryptocurrency #China #Hangzhou #Jiuzi Holdings #EXSAT NETWORK

Jiuzi Holdings and EXSAT.NETWORK Join Forces for a $3 Billion Cryptocurrency Custody Initiative

In a groundbreaking move toward the future of digital assets, Jiuzi Holdings, Inc. (Nasdaq: JZXN) has announced a strategic partnership with EXSAT.NETWORK LTD, a principal organization within the EOS cryptocurrency ecosystem. This collaboration aims to explore and develop an extensive cryptocurrency custody business that could reach an impressive scale of $3 billion USD.

The Significance of the Collaboration

This partnership marks a vital shift for Jiuzi Holdings as it delves into the high-end segment of the global digital asset market. The shared vision of both firms is to create a robust infrastructure for institutional-level cryptocurrency custody solutions, which have become increasingly crucial as the digital currency landscape evolves toward more mainstream acceptance and compliance with regulatory frameworks.

The cooperation agreement will focus on multiple key areas, including:

• - Designing a comprehensive blueprint for a cryptocurrency asset depository business valued at $3 billion.
• - Establishing a custody model that not only meets but exceeds regulatory requirements for institutional investors.
• - Utilizing EXSAT.NETWORK's extensive experience in high-performance public chains and wallet technologies to formulate integrated solutions that include multi-signature and distributed custody options.
• - Exploring additional services that could provide further value such as yield generation, asset clearing, and innovative financial products specific to custodied assets.

A Vision of Growth and Stability

Management at Jiuzi Holdings is optimistic about this collaboration. They view it as a significant leap within their development strategy that intertwines New Energy, FinTech, and Digital Assets. The collaboration with EXSAT.NETWORK is expected to enhance Jiuzi's global footprint and strengthen its industry position. The company foresees this partnership as a substantial factor in tapping into new growth channels with the potential for extraordinary profitability in the coming years.

Furthermore, EXSAT.NETWORK has expressed its confidence in Jiuzi's robust operational capabilities on Nasdaq and its forward-thinking initiatives, suggesting that the synergy between the two organizations could result in a revolutionary cryptocurrency custody offering catered to large institutions and affluent clients.

The Institutionalization of Crypto Assets

As the world of digital assets transitions towards compliance and institutional acceptance, Jiuzi Holdings’ ties with the seasoned players within the EOS ecosystem stand to significantly enhance its reputation and brand value within the market. Industry experts highlight that this partnership could serve as a catalyst for a long-term revaluation of JZXN's stock, benefiting investors keen on the evolving cryptocurrency landscape.

Forward-Looking Statements

It is essential to note that certain statements made regarding this partnership contain forward-looking elements. These statements reflect the company’s expectations and include known and unknown risks that could impact future performance, business strategies, and financial requirements. Investors are encouraged to consider these factors when evaluating the company's proposals, as actual outcomes may vary significantly from those anticipated.

This partnership signifies not just an expansion for Jiuzi Holdings but also speaks volumes about the future of cryptocurrency custodial services as they move towards an era of institutional trust and reliability.