Jiuzi Holdings Enters Partnership with EXSAT NETWORK
Jiuzi Holdings, Inc. (Nasdaq: JZXN) has officially announced its partnership with EXSAT.NETWORK LTD, which is recognized as the primary organization within the established EOS cryptocurrency project. This collaboration will focus on coordinated efforts and in-depth analysis within the cryptocurrency depository sector, projected to reach a substantial market value of $3 billion USD. This alliance marks a significant step for Jiuzi Holdings as it positions itself within the competitive landscape of global digital assets.
Strategic Goals of the Cooperation
Under the terms of the partnership, both Jiuzi Holdings and EXSAT NETWORK aim to develop a comprehensive business structure and technical framework aimed at the global marketplace, particularly emphasizing high-quality cryptocurrency depository and custody services. The key objectives include:
* Formulating a detailed plan for a cryptocurrency asset depository business valued at $3 billion USD.
* Creating a custody model tailored for institutional clients that adheres to compliance standards.
* Utilizing EXSAT NETWORK’s extensive knowledge in public blockchain technologies, wallet innovation, and security measures to deliver integrated solutions that incorporate multi-signature protocols, distributed custody options, and transparent on-chain auditing.
* Investigating additional services such as yield management, clearing and settlement operations, and innovative financial products linked to managed assets.
Management’s Perspective on the Collaboration
The management team at Jiuzi Holdings emphasized that the partnership with EXSAT NETWORK signifies a transformative advancement in their strategy that integrates “New Energy, FinTech, and Digital Asset” sectors. They noted that by collaborating with the EOS ecosystem’s core organization to jointly develop infrastructure for a $3 billion USD cryptocurrency depository, they are significantly enhancing their global outlook and market standing. They expressed strong optimism regarding the company’s growth trajectory over the next three to five years, underlining the potential for new value creation.
EXSAT NETWORK’s Confidence in Jiuzi Holdings
EXSAT NETWORK has expressed strong confidence in Jiuzi Holdings’ capabilities, particularly in its operations compliant with Nasdaq standards and its innovative approaches. They believe that the synergistic relationship between the two organizations in areas such as digital asset infrastructure, custody security, compliance, and market expansion has the potential to establish a pioneering cryptocurrency depository solution tailored for global institutions and high-net-worth individuals.
Industry Implications of the Partnership
Market analysts note that as the global cryptocurrency landscape shifts towards institutional investment and regulatory compliance, Jiuzi Holdings’ collaboration with the EOS core organization will likely enhance its influence and brand value within the digital asset sector. This partnership is viewed as a significant factor that could lead to a long-term reevaluation of JZXN’s stock performance.
Forward-Looking Statements
This announcement contains forward-looking statements that involve various risks and uncertainties, including the Company’s anticipated offerings. These statements reflect current expectations and forecasts regarding future events and financial trends that may impact the Company’s financial health, operational results, business strategies, and funding requirements. Investors may identify many of these statements by terms such as “believes,” “expects,” “anticipates,” “estimates,” “plans,” “will,” and similar expressions. The Company does not commit to updating any forward-looking statements to account for changes in circumstances or expectations, except as required by law. While the Company believes these expectations are founded, actual results may differ significantly, and investors are encouraged to consider other factors detailed in the Company’s registration statement and filings with the SEC.
