on Jiuzi Holdings, Inc
Jiuzi Holdings Plans Major Token Acquisition in AI Trading Partnership
Jiuzi Holdings, Inc. (Nasdaq: JZXN) is in discussions with a Web3 AI trading firm for potential cooperation. The company plans to acquire approximately $1 billion in tokens from its potential partner at a 30% discount. This acquisition could generate substantial book gains upon completion, with tokens anticipated to list on Binance, enhancing market liquidity. However, there are uncertainties regarding the finalization of agreements and the success of these plans.
The collaboration aims to merge both parties' AI and cryptocurrency trading expertise. If successful, it would advance AI-driven trading technologies and strengthen Jiuzi's business and technology presence. Ongoing negotiations mean no binding agreements are yet established. JZXN stresses compliance with regulations and prudent risk management.
R. P.
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