Tag: taps

  • Jiuzi Holdings taps SOLV Foundation for its $1B Bitcoin investment plan

    Jiuzi Holdings taps SOLV Foundation for its $1B Bitcoin investment plan

    Jiuzi Holdings taps SOLV Foundation for its $1B Bitcoin investment plan

    • Jiuzi commits up to $1B and 10,000 BTC to SOLV’s DeFi yield platform.
    • The partnership bridges TradFi compliance with DeFi Bitcoin finance.
    • JZXN shares have surged over 17% following the strategic announcement.

    Jiuzi Holdings, Inc. (NASDAQ: JZXN) has unveiled a sweeping $1 billion Bitcoin finance initiative through a strategic partnership with SOLV Foundation, a decentralised finance (DeFi) platform managing more than $2.8 billion in total value locked.

    The move positions Jiuzi as one of the few Nasdaq-listed firms actively bridging traditional finance (TradFi) with DeFi to create compliant, yield-generating Bitcoin products for institutional investors.

    10,000 Bitcoin commitment to SOLV’s flagship SolvBTC.BNB vault

    The partnership will see Jiuzi allocate up to $1 billion from its digital asset plan into Bitcoin staking and yield-focused blockchain products.

    Central to the strategy is a commitment of up to 10,000 Bitcoin to SOLV’s flagship SolvBTC.BNB vault on the BNB Chain — one of the largest Bitcoin yield platforms in the ecosystem.

    The assets will be safeguarded by regulated third-party custodians and verified through Chainlink’s proof-of-reserves auditing system, ensuring transparency and institutional-grade security.

    This marks a pivotal moment for Jiuzi Holdings, which is best known for its new energy vehicle infrastructure business in China.

    The company has been steadily diversifying into blockchain finance, and its partnership with SOLV Foundation signals a deepened commitment to positioning Bitcoin as a productive, yield-bearing asset rather than a passive store of value.

    Building a compliant bridge between TradFi and DeFi

    Jiuzi and SOLV have emphasised that the partnership will operate under strict compliance with US Securities and Exchange Commission (SEC) regulations and Nasdaq listing standards.

    The collaboration will establish a joint Steering Committee composed of senior representatives from both organisations.

    This committee will develop and oversee Bitcoin-centric DeFi initiatives, including expanding the adoption of SolvBTC across additional blockchain networks such as Solana and Base.

    By combining Jiuzi’s regulatory standing and institutional access with SOLV’s on-chain expertise, the partnership aims to create a secure, transparent, and scalable financial framework for Bitcoin-based products.

    Both companies view the collaboration as a model for how regulated capital can participate safely in decentralised yield markets.

    Optimising treasury strategy through blockchain

    Beyond its yield products, Jiuzi will anchor its corporate treasury around Bitcoin as its primary digital asset.

    The firm’s Bitcoin holdings, including those of its subsidiaries, will be deposited on SOLV’s platform and managed under the supervision of approved custodians.

    This approach is designed to maximise capital efficiency while maintaining visibility and accountability through blockchain-based auditing tools.

    Li Tao, Chief Executive Officer of Jiuzi Holdings, described the partnership as “a transformative step forward” that strengthens the company’s Bitcoin vault strategy and aligns it with one of the most advanced ecosystems for Bitcoin liquidity and staking.

    SOLV Protocol co-founder Ryan Chow added that the partnership merges Jiuzi’s regulatory stature with SOLV’s expertise in managing large-scale Bitcoin assets, paving the way for secure institutional capital flow into DeFi.

    Notably, the news of the partnership sparked a sharp rally in Jiuzi’s stock, with shares surging more than 22% in trading following the announcement.

    Investors responded positively to the company’s expansion into digital asset finance, recognising the potential for Jiuzi to play a pivotal role in institutional Bitcoin adoption.

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  • PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    • The DEX has signed a strategic collaboration with Ondo Finance.
    • BNB Chain users can access over 100 tokenized US stocks and ETFs from today.
    • PancakeSwap has offered zero trading fees for the first month.

    PancakeSwap has teamed up with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds into the BNB Chain.

    Starting today, users on the Binance platform can buy or sell digital representations of top US bonds, stocks, and ETFs, all pegged 1:1 to the underlying securities.

    According to Ondo Finance CEO Nathan Allman:

    Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies, in an environment that is fast, cost-efficient, and highly interoperable. This is a major step toward making US markets globally accessible through blockchain technology.

    PancakeSwap will waive trading fees for the first 30 days to celebrate Ondo Global Markets integration.

    That gives the DeFi community a cost-free way to navigate tokenized traditional assets on the Binance ecosystem.

    On-chain finance hits a key milestone

    The alliance is part of Ondo’s mission to leverage blockchain technology to allow access to high-quality US monetary assets, including real estate and stocks.

    Now, BNB Chain’s over 3.4 million daily users and the vast DeFi ecosystem can enjoy Ondo’s offerings.

    Further, PancakeSwap promises user-friendliness, self-custody, and transparency.

    The integration welcomes a new era for the Binance community, bridging decentralized finance with traditional markets.

    BNB Chain’s thriving user base can now access high-net tokenized US securities.

    The Chain’s Head of Business Development, Sarah Song, commented:

    Real-world assets are one of the fastest-growing segments on BNB Chain, and having Ondo Finance join our ecosystem is another strong validation of that momentum. Together, we’re expanding access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology.

    Understanding PancakeSwap’s role

    PancakeSwap is the leading DEX on BNB Chain. It will serve as the strategic launch partner supporting trading of the tokenized assets.

    The decentralized exchange enables users to trade Ondo’s tokenized securities through a familiar interface, promising a remarkable experience for new and existing DeFi players.

    Moreover, PancakeSwap announced a zero-fee campaign between October 29 and November 29.

    Ondo will leverage PancakeSwap’s massive user base and liquidity pools to ensure streamlined market activity and price discovery for tokenization enthusiasts on the BNB Chain.

    CAKE and ONDO price actions

    The native tokens mirrored the broader market performance, exhibiting bearish biases on their daily timeframes.

    CAKE lost nearly 5% in the past 24 hours to $2.55, whereas a 2% dip in that timeframe sees ONDO exchanging hands at $0.7364.

    Bearish sentiments dominate the broader sector as the global cryptocurrency market cap plunged 1.5% the past day to $3.8 trillion.



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  • DigitalX taps global crypto leaders in A$20M Bitcoin Treasury push

    DigitalX taps global crypto leaders in A$20M Bitcoin Treasury push

    DigitalX secures A$20.7M in strategic funding to expand its Bitcoin treasury

    Australian digital asset manager DigitalX has raised A$20.7 million (US$13.5 million) in a fresh round of strategic funding, deepening its commitment to a “Bitcoin-first” approach.

    The ASX-listed firm plans to use the funds to grow its Bitcoin treasury, with backing from heavyweight crypto investors like Animoca Brands, UTXO Management, and ParaFi Capital.

    DigitalX says it plans to allocate about AU$19.7 million (US$12.8 million) from its recent raise toward boosting its Bitcoin holdings, with the rest going toward offer expenses and general operations.

    In addition to the capital raise, DigitalX has bolstered its strategic advisory board with the appointments of Yat Siu, co-founder of Animoca Brands, and Hervé Larren, CEO of Airvey.io.

    Both bring deep experience in crypto and digital assets, and their involvement is expected to offer valuable insight into Bitcoin strategy and investor relations.

    The move further cements DigitalX’s position as a key player in driving institutional crypto adoption in Australia.

    Bitcoin-first Treasury approach

    DigitalX’s latest move aligns with the playbooks of global Bitcoin champions like MicroStrategy and Japan’s Metaplanet, both known for aggressively stacking Bitcoin.

    Since debuting on the ASX in 2014 as a Bitcoin miner, DigitalX has kept Bitcoin as a core asset on its balance sheet.

    Right now, it holds 65 BTC directly, along with 881,000 units of its own Bitcoin ETF (BTXX), which translates to roughly 193 BTC.

    Altogether, that adds up to a Bitcoin position worth around US$43.3 million.

    The placement, priced at A$0.074 (US$0.048) per share and bundled with attached warrants, drew strong interest from both institutional and strategic investors.

    Notably, Simon Gerovich, the CEO of Tokyo-listed Metaplanet took part in the round personally.

    The support from prominent global crypto players highlights rising institutional confidence in Bitcoin as a long-term store of value and points to a broader shift toward regulated, transparent ways to gain exposure to digital assets.

    Credibility boost

    Interim CEO Demetrios Christou called the investment a “significant milestone,” noting that both the capital and the backing from globally respected Bitcoin advocates will help DigitalX stay focused on its strategy and create long-term value for shareholders.

    Meanwhile, Yat Siu described Bitcoin as “the reserve asset of Web3 digital gold,” and pointed to DigitalX as one of the best ways for Australian investors to gain exposure to it.

    With this latest funding round, DigitalX isn’t just adding to its Bitcoin holdings, it’s also reinforcing its role as a regulated, ASX-listed bridge for both institutional and retail investors looking to tap into the Bitcoin space.

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