ChainCatcher reports that Jiuzi Holdings (Nasdaq: JZXN) has announced a securities purchase agreement with several leading strategic investment institutions in the fields of crypto asset management and digital asset allocation. Investors will subscribe for 40 million ordinary shares of the company at a price of US$1.50 per share, for a total transaction value of approximately US$60 million, which will be injected in the form of equivalent crypto assets, representing a 50% increase over the original plan.
All the investment institutions participating in this round of financing are focused on building a crypto asset repository, managing digital asset risks, and discovering on-chain value. Jiuzi Holdings stated that this agreement marks the full-scale implementation of its Digital Asset Repository (DAT) strategy. Through systematic asset allocation, dynamic risk control, and liquidity efficiency optimization, it aims to build a digital asset repository system that combines long-term value growth capabilities with counter-cyclical resilience.
