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AZI's Groundbreaking News: Company Invests $1.1 Billion in Counter-Cyclical Acquisition of $1.87 Billion Digital Assets from Crypto Giant, Enters Strategic Partnership Talks to Lead the Global DAT Treasury and Vast Crypto Payments Market
Globenewswire· 2026-02-10 12:15
Core Insights - Autozi Internet Technology (Global) Ltd. has completed negotiations for a significant acquisition of approximately $1.87 billion in premium digital assets from a leading crypto-asset institution for a total consideration of about $1.1 billion, showcasing the company's strategic vision and asset allocation capabilities [1][3] Group 1: Acquisition Details - The acquisition is characterized as a counter-cyclical masterstroke, allowing the company to secure digital assets valued at approximately $1.87 billion for a payment of $1.1 billion, representing a discounted acquisition that provides flexibility for future valuation recovery [3] - The digital asset portfolio will be integrated into the company's balance sheet management, enhancing its asset structure resilience [3][4] Group 2: Strategic Partnership - Autozi has established a medium-to-long term strategic partnership with the Crypto Titan, focusing on Digital Asset Treasury (DAT) development and compliant crypto-payment infrastructure [2][4] - The partnership aims to leverage the Crypto Titan's expertise in liquidity management, compliance, and security to build robust DAT treasury management systems and enhance operational efficiency [6] Group 3: Future Objectives - The collaboration will pursue objectives in the cryptocurrency-based DAT treasury management and crypto payments markets, anticipating significant growth as digital asset infrastructure matures [8] - The company plans to explore innovative application scenarios and increase investments in technology, compliance, and risk management to deliver greater value to stakeholders [8][11] Group 4: Market Expansion - Autozi aims to co-develop crypto-payment solutions for various industries, bridging payment channels between cryptocurrency and fiat currency to facilitate low-cost, efficient cross-border settlements [10] - The strategic blueprint includes creating a multi-scenario crypto-payment network, evolving crypto payments from an investment tool to an everyday payment tool, thereby increasing the utility of crypto-assets in real-world economic activities [10]