Nine Purple Holdings secures a $60 million investment, which will be injected in the form of equivalent cryptocurrency assets

Jiuzi Holdings (Nasdaq: JZXN) announced that it has signed a securities purchase agreement with several strategically influential investment institutions in the fields of cryptocurrency asset management and digital asset allocation. Investors will subscribe to 40 million ordinary shares of the company at a price of $1.50 per share, with a total transaction value of approximately $60 million, to be injected in the form of equivalent cryptocurrency assets, representing a 50% increase over the original plan.

All participating investment institutions in this round of financing focus on building cryptocurrency asset portfolios, digital asset risk management, and on-chain value discovery. Jiuzi Holdings stated that this agreement marks the full-scale implementation phase of its Digital Asset Portfolio (DAT) strategy, which aims to build a digital asset portfolio system that combines long-term value growth capability with cyclical resilience through systematic asset allocation, dynamic risk control, and liquidity efficiency optimization.