Jiuzi Holdings is deepening its digital assets presence, announcing a partnership with Exsat Network, a core organization within the EOS crypto ecosystem, to build a global cryptocurrency custody business that could scale to $3 billion.
Summary
- Jiuzi partnered with Exsat, part of the EOS ecosystem, to build a global cryptocurrency custody business that could scale to $3 billion.
- The venture targets regulated, institutional-grade crypto storage and related services such as settlement and yield products.
- The deal positions Jiuzi deeper in digital assets as institutional demand grows and could boost its profile—and valuation—in the crypto market.
Under the agreement, the two companies plan to develop institutional-grade crypto storage and custody services aimed at global clients, including institutions and high-net-worth investors. The focus will be on securely holding digital assets and offering related services such as settlement, yield strategies, and other products tied to custodied crypto.
Exsat will provide the technical backbone, drawing on its experience with blockchain infrastructure, wallets, and security systems. Nasdaq-listed Jiuzi, meanwhile, is positioning the deal as a key step in its broader strategy that blends energy, financial technology, and digital assets.
Company executives said the partnership marks a major expansion into higher-end crypto services and could open a new growth channel over the next several years. Exsat said Jiuzi’s experience operating as a Nasdaq-listed company and its compliance-focused approach made it a strong partner.
The deal comes about two months after Hangzhou, China-based Jiuzi partnered with BitFi to access a $2.75 billion Bitcoin asset pool and launch yield-generating strategies.
Meanwhile, demand for regulated crypto custody continues to rise, driven by institutional investors seeking safer and more compliant ways to hold digital assets. Market watchers say aligning with a long-standing blockchain ecosystem like EOS could strengthen Jiuzi’s profile in the crowded digital asset space—and potentially reshape how investors value the stock.
Source: https://crypto.news/jiuzi-taps-eos-global-3-billion-crypto-storage-push/
