jiuzi and BitFi Team Up too Boost Crypto Treasury Returns
Jiuzi Holdings is partnering wiht BitFi to transform its $1 billion crypto treasury into a revenue-generating asset. This move marks a important shift from passive holdings to active participation in Bitcoin finance.
The collaboration grants Jiuzi access to BitFi’s $2.75 billion Bitcoin asset pool. This includes wrapped Bitcoin assets like WBTC and BTCB. Jiuzi will initially invest in BitFi’s staking and arbitrage strategies, with plans to increase its commitment over time.
A joint committee will develop yield products and explore compliant tokenization of real-world assets.This signals a move beyond simple asset accumulation.
Jiuzi’s CEO, Li Tao, stated, “Partnering with BitFi is a crucial step in our Web3 infrastructure deployment. We aim to bridge conventional finance with blockchain innovation.”
Both companies stress regulatory compliance, adhering to Nasdaq listing standards and U.S. securities rules. This ensures the project operates within existing oversight frameworks.
This growth follows Jiuzi’s September announcement of a $1 billion digital asset treasury allocation among Bitcoin, Ether, and BNB. A dedicated risk committee, led by CFO Huijie Gao, oversees investment policy and compliance.
Key points of the partnership include:
- Access to BitFi’s $2.75 billion Bitcoin asset pool
- initial investment in staking and arbitrage strategies
- Development of yield products and tokenization of real-world assets
- Emphasis on regulatory compliance
