Jiuzi Holdings Inc. Announces Private Placement Settled in 100 Bitcoin to Advance Blockchain and Digital Payment R&D

Reuters
2025/10/15
Jiuzi Holdings Inc. Announces Private Placement Settled in 100 Bitcoin to Advance Blockchain and Digital Payment R&D

Jiuzi Holdings Inc. $(JZXN)$ has announced the completion of a private placement transaction settled in 100 Bitcoin. The company stated that the funds raised will primarily be invested in research and development of blockchain technologies, focusing on secure multi-party computation and zero-knowledge proofs. These efforts aim to support the creation of next-generation digital financial services platforms. Additionally, proceeds from the transaction will be used for R&D testing of cross-border digital payment solutions, further expanding Jiuzi's business opportunities. Jiuzi Holdings is known for its development of high-performance DC fast-charging stations and the advancement of its Smart Energy Cloud Platform, which integrates charging infrastructure with IoT-enabled power grid systems.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiuzi Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE96166) on October 14, 2025, and is solely responsible for the information contained therein.

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