BTC Digital (BTCT) has signed a strategic memorandum of understanding with Tianci International (CIIT). Under the MOU, the parties will pursue a broad strategic cooperation across cryptocurrency mining, stablecoin-based payment and settlement solutions, real-world asset initiatives, and blockchain-enabled technology services. Pursuant to the MOU, CIIT plans to procure approximately $5.0M of cryptocurrency mining equipment, with BTCT providing end-to-end hosting, operations and maintenance services for the deployed miners. CIIT intends to continue expanding its investment footprint in crypto mining, while BTCT will supply comprehensive infrastructure and technical support to enable that growth. The two companies will also jointly explore payment and settlement use cases built on stablecoins and investigate feasible RWA pathways. BTCT and CIIT will collaborate on the development of related products and services.
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