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Jiuzi Holdings receives $90 million investment to advance blockchain and Web3 ecosystem expansion
Mars Finance reports that Jiuzi Holdings, a Bitcoin treasury company listed on NASDAQ, announced the signing of a strategic cooperation memorandum of understanding with Morgan International Finance Ltd. The latter plans to invest $90 million through equity investment. The specific investment structure, lock-up period, and other arrangements will be determined after further negotiations between the two parties and the signing of legally binding final transaction documents. The new funds will be used to support Jiuzi Holdings in advancing blockchain and Web3 ecosystem expansion, as well as executing digital asset strategies.