Jiuzi Holdings (JZXN) announced that it has entered into a significant strategic Memorandum of Understanding, MOU, with AetheriumX, a rising star in the blockchain infrastructure space. Pursuant to the MOU, Jiuzi Holdings proposes to invest up to US$30 million in AetheriumX’s flagship product, the Distributed Capital Intelligence Protocol. This collaboration is viewed as a key “offensive” move by Jiuzi Holdings in the new wave of technology and finance convergence, with the potential to significantly enhance the Company’s market valuation and growth prospects.
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