Jiuzi New Energy plans to invest $30 million in AetheriumX to develop Web3 infrastructure.

Gate News, March 16 — Nasdaq-listed company Jiuzi Holdings announced the signing of a strategic memorandum of understanding with blockchain infrastructure project AetheriumX. Under this agreement, Jiuzi Holdings plans to invest $30 million in AetheriumX’s core product, the Distributed Capital Intelligent Protocol (DCIP). The DCIP protocol focuses on DeFi, GameFi, and digital asset strategy execution, aiming to provide high-performance, secure on-chain interaction and asset management infrastructure for the Web3 ecosystem. Both parties plan to collaborate on technology, business, and ecosystem development, leveraging on-chain automation and smart contract technology to promote intelligent distribution and strategy execution of digital assets.

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