Jiuzi Holdings, AetheriumX sign MOU for $30M investment in Web3

Jiuzi Holdings (JZXN) entered into a strategic Memorandum of Understanding with AetheriumX. Pursuant to the MOU, Jiuzi Holdings proposes to invest up to $30M in AetheriumX’s flagship product, the Distributed Capital Intelligence Protocol. This move marks a step for the Company in the global Web3 infrastructure and digital asset intelligent strategy execution space. According to the MOU, both parties plan to systematically evaluate and advance work in the following areas: Design of in-depth application scenarios for the DCIP protocol in digital asset strategy execution; Planning for joint solutions and products targeting Web3 infrastructure; Co-construction mechanisms and incentive models for the relevant ecosystem. Subject to compliance with all applicable laws and regulatory requirements, the parties intend to establish a long-term, close-knit strategic partnership and will work towards finalizing a definitive investment agreement in subsequent stages, optimizing the cooperation structure and implementation path.