Jiuzi Holdings partners with SOLV foundation on Bitcoin initiative

Published 1 week ago Neutral
Jiuzi Holdings partners with SOLV foundation on Bitcoin initiative
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* Jiuzi Holdings(NASDAQ:JZXN [https://seekingalpha.com/symbol/JZXN]) said on Monday it has entered into an agreement with the SOLV Foundation, a cross-chain Bitcoin staking and structured finance platform with a total value locked of $2.8 billion.
* Under the agreement, JZXN will deposit Bitcoin holdings from the company and its subsidiaries into SOLV’s platform, using regulated third-party custody to ensure transparency and security.
* A joint steering committee will oversee initiatives to expand SolvBTC adoption across networks and develop tokenized assets and structured yield products.
* JZXN +51.41% premarket to $0.551.
* Source: Press Release [https://seekingalpha.com/pr/20279916-jiuzi-holdings-inc-partners-with-solv-foundation-on-2_8b-tvl-bitcoin-initiative-to-advance]

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* Financial information for Jiuzi Holdings [https://seekingalpha.com/symbol/JZXN/income-statement]