Jiuzi Holdings (JZXN) elaborated on the progress of its cryptocurrency-denominated private placement transaction. The total consideration for this transaction was settled using 100 Bitcoin (BTC-USD). This capital operation pioneers a new paradigm combining traditional equity financing with digital assets, fully demonstrating market recognition of JZXN’s strategic layout in the cryptocurrency sector. The raised funds will be exclusively allocated to two strategic directions: constructing an intelligent digital asset custody platform, and developing cutting-edge technology-based encrypted storage systems. These initiatives aim to strengthen the company’s infrastructure service capabilities in the digital economy era.
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