- Jiuzi Holdings announces a partnership to deploy $1 billion in digital assets in yield-generating products.
- The company will invest up to 10,000 Bitcoin into a yield-bearing vault on the BNB Chain.
- Shares of Jiuzi Holdings experienced a 516% surge in online message activity, with a strong bullish sentiment from retail investors.
- Other firms are moving into cryptocurrency markets amid favorable U.S. policies.
- Despite the surge, Jiuzi Holdings shares remain down over 76% for the year.
Jiuzi Holdings, a company based in Hangzhou, China that sells electric vehicles, announced on Thursday a major new venture into cryptocurrency. The firm has formed a partnership with the SOLV Foundation, aiming to deploy up to $1 billion in digital assets across a range of yield-generating products.
According to a company statement, Jiuzi Holdings plans to allocate up to 10,000 bitcoin—worth an estimated $1 billion—into SolvBTC.BNB, a yield-bearing vault on the BNB Chain. SOLV Foundation operates as a bitcoin finance platform offering investment products based on bitcoin and related assets.
“We believe this partnership is a powerful accelerator for achieving our vision of becoming the premier platform for global institutions to access bitcoin,” said Li Tao, CEO of Jiuzi Holdings.
The announcement drew significant attention among retail investors, with share discussion volume rising over 500% in the 24 hours after the news. The stock gained 18% during Thursday trading, and sentiment was described as “extremely bullish.” Investors cited optimism around U.S. political developments that may favor increased U.S.-China economic cooperation and cryptocurrency adoption.
The cryptocurrency sector is attracting more traditional firms, with a policy environment seen as supportive under U.S. President Donald Trump. This has led to increased institutional and retail interest in digital asset projects.
Jiuzi Holdings operates electric vehicle franchise stores in smaller Chinese cities and provides charging and maintenance services under its own brand. As of the most recent close, the company’s shares are still down 76.6% year-to-date.
Previous Articles:
- Strategy Generates $12 Billion Profit from Bitcoin Assets in 2025
- Xpeng X9 EREV Sets 1,602km Range, Boasts Record AI Power
- Bitcoin, Ethereum Fuel $800M Crypto Liquidations After Fed Warning
- Riot Platforms Shifts Focus to Data Centers, Bitcoin Mining Secondary
- Trump, Xi Agree on Rare Earths, Soybeans in South Korea Talks
