What’s Going On With Jiuzi Holdings Stock Monday?
Jiuzi Holdings, Inc. (NASDAQ:JZXN) said it has signed a cooperation agreement with EXSAT.NETWORK LTD, the core ecosystem organization of the global cryptocurrency project EOS, to jointly explore and develop an institutional-grade cryptocurrency custody business with an expected scale of up to $3 billion.
The agreement marks Jiuzi’s formal entry into the global digital asset custody space and represents a strategic expansion beyond its existing operations. The company said the partnership positions it to participate in the accelerating institutionalization of cryptocurrency markets worldwide.
Building Institutional-Grade Infrastructure
Under the agreement, Jiuzi Holdings and EXSAT.NETWORK plan to jointly construct a global-facing business framework and technical system focused on cryptocurrency depository …