Jiuzi Holdings bet $1 billion on crypto treasury focused on Bitcoin, Ethereum and BNB
- Jiuzi Holdings announced that it will raise $1 billion to establish a crypto treasury focused on Bitcoin, Ethereum, and BNB.
- The company stated that it will not self-custody its acquired crypto holdings.
- Jiuzi hinted at the possibility of expanding its treasury to include other crypto assets, subject to board approval.
China-based Jiuzi Holdings (JZXN) announced that its Board of Directors has approved a crypto investment policy, which will enable the company to purchase up to $1 billion in Bitcoin (BTC), Ethereum (ETH), and BNB.
Jiuzi plans to establish crypto treasury holding Bitcoin, Ethereum and BNB
Nasdaq-listed Jiuzi Holdings stated on Wednesday that it will establish a digital asset treasury focused on holding…
