According to Mars Finance, market sources indicate that Nasdaq-listed CIMG Inc. (NASDAQ: IMG) has signed a strategic agreement with iZUMi Finance to acquire the latter's core patents and intellectual property, among other key assets. This acquisition builds on previous collaborations between the two companies, including a jointly launched $20 million Upstarts Fund. By integrating iZUMi Finance's multi-chain liquidity technology, liquidity management mechanisms, and governance infrastructure, CIMG aims to strengthen its decentralized finance (DeFi) architecture and deepen its presence in the on-chain liquidity market. As part of the acquisition framework, CIMG also plans to acquire tokens for long-term staking and participation in the governance of the iZUMi ecosystem. This move is expected to improve on-chain capital efficiency and support optimized yield generation for Bitcoin in CIMG's treasury. iZUMi Finance is a multi-chain DeFi protocol, and its flagship product, iZiSwap, is a multi-chain decentralized exchange based on an innovative DL-AMM design.
US-listed company CIMG signed a strategic agreement to acquire core assets of DeFi protocol iZUMi Finance.
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