HANGZHOU, China, Dec. 12, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (Nasdaq: JZXN) announced it has signed a Memorandum of Understanding with a group of institutional investors to expand its private placement financing to up to US$1 billion. The move follows a previously disclosed US$12 million private placement plan announced on October 7, 2025, and underscores rising institutional confidence in Jiuzi’s strategic shift into the high-growth crypto asset services sector.
The expanded commitment represents approximately an 80-fold increase in potential funding. Proceeds are expected to support the development of Jiuzi’s crypto asset business, including the construction of advanced secure custody infrastructure and the rollout of new storage solutions, positioning the company to meet growing demand for institutional-grade crypto asset services.
Tao Li, Chief Executive Officer of Jiuzi, said, “The strong trust shown by investors validates our strategic vision and execution capabilities. This substantial additional capital provides meaningful financial flexibility to build secure crypto custody infrastructure and pursue strategic acquisitions within the rapidly evolving crypto asset storage ecosystem.”
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about the company’s business plans, development and outlook, the use of proceeds from the proposed financing, and anticipated benefits of the transaction, often identified by words such as “may,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “aim,” “continue,” or similar expressions. These statements are based on management’s current expectations and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied. Additional information about risks and uncertainties affecting the company is contained in its filings with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update any forward-looking statement except as required by law.