Jiuzi Holdings receives $90 million investment to advance blockchain and Web3 ecosystem expansion

Jinse Finance reported that Nasdaq-listed Bitcoin treasury company Jiuzi Holdings has announced the signing of a strategic cooperation memorandum of understanding with Morgan International Finance Ltd. The latter intends to invest $90 million in Jiuzi Holdings through equity investment. The specific investment structure, lock-up period, and other arrangements will be determined after further negotiation between the two parties and the signing of a legally binding final transaction document. The new funds will be used to support Jiuzi Holdings in advancing blockchain and Web3 ecosystem expansion, as well as executing its digital asset strategy.