Jiuzi is revolutionizing its billion-dollar treasury, transforming it from a static cryptocurrency holding into a dynamic revenue-generating entity by directly engaging with BitFi’s network of staking and arbitrage strategies.
Summary
- Jiuzi Holdings has teamed up with BitFi to tap into a $2.75 billion Bitcoin asset pool and implement yield-generating strategies.
- This agreement signifies Jiuzi’s transition from passive crypto holdings to active engagement in Bitcoin finance.
- Both companies emphasize their commitment to full regulatory compliance as Jiuzi expands its $1 billion digital asset treasury across BTC, ETH, and BNB.
As outlined in a press release dated Oct. 20, Nasdaq-listed Jiuzi Holdings has formed a strategic cooperation agreement with crypto platform BitFi. This collaboration provides Jiuzi with full access to BitFi’s $2.75 billion ecosystem of wrapped Bitcoin assets, such as WBTC and BTCB.
The partnership involves an initial capital investment from Jiuzi into BitFi’s multi-chain staking and arbitrage strategies, with plans for gradual scaling. Notably, a newly established joint committee with BitFi will concentrate on creating structured yield products and investigating the compliant tokenization of real-world assets, marking a departure from mere asset accumulation.
Jiuzi aims to connect corporate treasury with on-chain yield
According to the statement, this partnership reimagines Jiuzi’s position in the digital asset sector. The company is evolving from merely holding Bitcoin and other cryptocurrencies to becoming an active, integrated provider of Bitcoin financial services.
“Collaborating with BitFi is a pivotal move in advancing our Web3 infrastructure. By leveraging their global BTC liquidity network, we effectively merge the rigor of traditional finance with the dynamism of blockchain innovation to deliver unique value for our clients,” said Jiuzi Holdings CEO Li Tao.
Both firms stressed that their collaboration will remain compliant with Nasdaq listing standards and U.S. securities regulations, illustrating a conscious effort to align the project within existing regulatory frameworks rather than operating at their peripheries. This distinction may be vital as public companies explore how traditional compliance measures can coexist with decentralized yield mechanisms.
This development follows Jiuzi’s announcement in September regarding a $1 billion digital asset treasury, which will be allocated among Bitcoin, Ether, and BNB. This plan introduces a new layer of institutional oversight around crypto management, including the establishment of a dedicated risk committee led by CFO Huijie Gao to ensure adherence to investment policy and compliance.
