Jiuzi Holdings and BitFi Forge Strategic Partnership for Bitcoin Financing

Jiuzi Holdings and BitFi: A Strategic Partnership to Enhance Bitcoin Financing

In a significant move aimed at advancing Bitcoin financing solutions, Jiuzi Holdings, Inc. (NASDAQ: JZXN) has announced a strategic partnership with BitFi, a leader in Bitcoin-focused fintech. This collaboration is expected to harness the strengths of both entities to innovate and optimize financial services centered around Bitcoin.

Transforming Bitcoin Financing

The collaboration between Jiuzi Holdings and BitFi is designed to create targeted and efficient Bitcoin income solutions for institutional clients and high-net-worth investors. BitFi is recognized for its expertise in multi-chain staking, ensuring that investments in Bitcoin yield favorable returns. The partnership aims to integrate various strategies including wrapped BTC, cross-chain arbitrage, and hybrid investment portfolios, enhancing the overall experience in the Bitcoin marketplace.

BitFi currently manages an impressive total value locked (TVL) of approximately $2.75 billion across major blockchains such as Binance Smart Chain (BSC) and Ethereum. As they continue to expand their ecosystem for wrapped BTC assets and interoperability protocols, this strategic partnership is expected to create a robust synergy between both organizations, marking a pivotal progression in the Bitcoin landscape.

Key Terms of the Agreement

Under the initial phase of the agreement, Jiuzi Holdings will invest initial crypto assets, followed by a planned incremental increase in funding. This structure allows the company to access BitFi's sizable asset pool totaling $2.75 billion. By optimizing capital allocation efficiency, this plan promotes significant growth under dynamic risk-balancing strategies.

In addition, a joint committee composed of executives and technical experts from both Jiuzi and BitFi will focus on integrating cross-chain liquidity and developing structured yield products. They are also set to promote compliance initiatives regarding tokenization and the design of derivatives based on wrapped BTC, thereby creating practical applications that merge real assets with on-chain financial instruments.

Commitment to Compliance and Governance

A crucial component of this partnership is both Jiuzi and BitFi's firm dedication to adhering to Nasdaq's listing rules and U.S. securities regulations. By establishing transparent, accountable, and SEC-compliant exposure channels to BTC, this collaboration aims to empower shareholders to capitalize on on-chain financial opportunities.

Li Tao, the CEO of Jiuzi Holdings, expressed his enthusiastic support for the partnership, asserting that working with BitFi is a vital step in rolling out their Web3 infrastructure. By leveraging BitFi's global BTC liquidity network, Jiuzi aims to bridge traditional financial precision with blockchain innovation, thus creating differentiated value for their customers.

About Jiuzi Holdings, Inc.

Jiuzi Holdings, Inc. is based in Hangzhou, China, and specializes in providing intelligent charging infrastructure for new energy vehicles in third- and fourth-tier cities. The company is focused on powerful DC fast-charging stations that integrate energy storage capabilities. Jiuzi is committed to decreasing barriers to new energy vehicle adoption and is poised to play a pivotal role in the shift toward sustainable transportation solutions. For more information about their innovative strategies and offerings, visit jzxn.com.

In summary, this new partnership between Jiuzi Holdings and BitFi could set the stage for revolutionary changes in Bitcoin financing, paving the way for more effective investment solutions and compliance within the cryptocurrency industry.