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.