TechFlow News, March 16: According to a PRNewswire report, Jiu Zi New Energy (NASDAQ: JZXN), a China-based company listed on the Nasdaq, announced that it has signed a Memorandum of Understanding (MOU) on strategic cooperation with blockchain infrastructure project AetheriumX. Under the MOU, Jiu Zi New Energy intends to invest up to USD 30 million in AetheriumX’s core product—the Distributed Capital Intelligence Protocol (DCIP). The DCIP protocol targets the decentralized finance (DeFi), GameFi, and digital asset strategy execution domains, aiming to provide on-chain interaction and asset management infrastructure for the global Web3 ecosystem.
Per the MOU, the collaboration between the two parties will unfold across three dimensions: - Technologically, Jiu Zi New Energy plans to deeply integrate the DCIP technology stack, embedding on-chain automated strategy execution capabilities into its own business scenarios; - Commercially, both parties will jointly develop products and services centered on DeFi, GameFi, and digital asset strategy execution; - Ecologically, as the DCIP protocol ecosystem expands, Jiu Zi New Energy will participate in revenue sharing from the protocol and its surrounding ecosystem.
