Business
Jiuzi Holdings, Inc. (Nasdaq: JZXN) and EXSAT.NETWORK LTD Sign Cooperation Agreement to Jointly Explore and Develop a $3 Billion Cryptocurrency Custody Business
HANGZHOU, China, Dec. 22, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) ("Jiuzi" or the "Company") today announced that it has formally signed a
About this update from Jiuzi Holdings, Inc.
[{"type":"text","content":"HANGZHOU, China, Dec. 22, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) (\"Jiuzi\" or the \"Company\") today announced that it has formally signed a cooperation agreement with EXSAT.NETWORK LTD, the core ecosystem organization of the globally established cryptocurrency project EOS. The two parties will engage in systematic cooperation and in-depth exploration within the cryptocurrency depository business sector, which is expected to reach a total scale of up to $3 billion USD. This partnership is regarded as a key milestone for Jiuzi Holdings' entry into the high-end global digital asset track.\nAccording to the agreement, Jiuzi Holdings and the EXSAT NETWORK plan to jointly build a business framework and technical system targeting the global market, centered on institutional-grade cryptocurrency depository and custody services. Key areas include:* Designing and conceptualizing a blueprint for a $3 billion USD-level crypto asset depository business.* Establishing an institutional-grade custody model and compliance operations meeting regulatory requirements.* Leveraging EXSAT NETWORK's years of expertise in high-performance public chains, wallet technology, and security to construct integrated solutions featuring multi-signature, distributed custody, and on-chain transparent auditing.* Exploring value-added services such as yield management, clearing & settlement, and innovative financial products built around custodied assets.The Company's management stated that this collaboration with EXSAT NETWORK represents a qualitative leap in Jiuzi Holdings' synergistic development strategy across its \"New Energy + FinTech + Digital Asset\" pillars. \"By partnering directly with the core ecosystem organization of the EOS to co-build infrastructure for a $3 billion USD-level cryptocurrency depository business, we significantly enhance our global perspective and industry position. More importantly, this opens a substantial new value channel with significant growth potential. We hold an extremely optimistic outlook on the company's development prospects over the next three to five years,\" they added.EXSAT NETWORK expressed confidence in Jiuzi Holdings' experience with Nasdaq-compliant operations and its forward-looking initiatives. They believe the deep synergy between the two parties in areas like digital asset infrastructure, c...