Jiuzi Holdings, Inc. Partners with SOLV Foundation on $2.8B TVL Bitcoin Initiative to Advance Crypto Treasury Strategy

Core Insights - Jiuzi Holdings, Inc. has entered into a Strategic Cooperation Agreement with the SOLV Foundation, aiming to enhance its Bitcoin treasury strategy and position itself as a leader in Bitcoin-focused financial services [1][4]. Group 1: Strategic Partnership - The collaboration with SOLV Foundation, which has a total value locked (TVL) of US$2.8 billion, highlights Jiuzi's ambition to build its treasury around Bitcoin as its primary digital asset [1][4]. - Jiuzi will utilize SOLV's platform to optimize the efficiency of its Bitcoin holdings, ensuring that assets are managed under the custody of regulated third parties for transparency and security [2][4]. Group 2: Governance and Initiatives - A Steering Committee will be established, comprising senior representatives from both Jiuzi and SOLV, to lead initiatives aimed at redefining Bitcoin-centric decentralized finance (DeFi) [3]. - The committee will focus on promoting SolvBTC across various networks, expanding market reach, and developing innovative financial models such as tokenized real-world assets and structured yield products [3][4]. Group 3: Vision and Compliance - This agreement reflects a shared vision to position Jiuzi as a Bitcoin-focused crypto financial firm, integrating its reserves with advanced digital asset strategies [4]. - The partnership will adhere to principles of transparency, sound governance, and compliance with U.S. Securities and Exchange Commission (SEC) regulations and Nasdaq listing requirements [4].