Jiuzi Holdings Secures $60 Million Investment to Be Injected in Crypto Assets

On February 13, Nasdaq-listed Chinese company Jiuzi Holdings (Nasdaq: JZXN) announced that it has signed a securities purchase agreement with several strategic investment institutions in the crypto asset management and digital asset allocation sectors. Investors will subscribe to 40 million ordinary shares at $1.5 per share, with a total transaction value of approximately $60 million, which will be injected in the form of equivalent crypto assets—an increase of 50% compared to the original plan. Jiuzi Holdings stated that this agreement marks the scaled implementation phase of its digital asset pool strategy, aiming to build a digital asset pool system through asset allocation, risk control, and liquidity optimization.