HANGZHOU, March 02, 2026 — Jiuzi Holdings, Inc. (Nasdaq: JZXN) (“Jiuzi” or the “Company”) announced today that, after successfully concluding a $60 million private placement, the participating investors are moving forward to increase the private financing to a total of $300 million.
The Company reported that since the initial $60 million placement was finalized, the institutional development capabilities and capital utilization efficiency shown by its DAT strategy have maintained considerable market interest. Several investment firms from the first round have shown definite interest in subscribing to more shares, and a number of new investors have begun internal review processes with plans to participate in this larger round. The involved parties are now in detailed negotiations on specific terms, covering the increased size, lock-up periods, and methods for delivering assets.
The Company stated that the successful finalization of this enlarged financing round would allow Jiuzi to make important advances in several key areas:
● Expansion of treasury asset scale: The incoming capital, which will be contributed as equivalent cryptocurrency assets, is set to substantially boost the Company’s digital asset holdings. This will improve the treasury’s capacity to hold assets and its agility to rebalance in different market environments;
● Optimization of asset allocation structure: By utilizing the partner institutions’ knowledge in risk assessment, blockchain-based allocation, and maturity management, the Company will further improve the structural sophistication and resilience against market cycles of its treasury;
● Acceleration of on-chain application deployment: Utilizing the partners’ technical skills in deploying across multiple blockchain ecosystems, integrating cross-chain protocols, and routing liquidity, Jiuzi will speed up the trial deployment of interfaces for managing cross-chain assets and the concrete rollout of financial applications on the blockchain;
● Improvement of treasury governance framework: The Company will keep advancing institutional models in areas including standards for admitting digital assets, blockchain audit processes, managing risk exposure limits, and compliant custody solutions. This will create a repeatable governance structure for asset allocation on a larger scale and at a higher frequency.
Tao Li, Chief Executive Officer of JZXN, said, “This major cryptocurrency investment demonstrates our investors’ firm confidence in Chijet’s strategic direction and execution abilities. The funds offer considerable financial flexibility to progress our secure cryptocurrency custody infrastructure and to seek strategic acquisitions in the fast-changing digital asset storage sector.”
The cryptocurrency funds will be held in secure custody following leading industry standards, guaranteeing asset safety and adherence to relevant regulations. This offering was executed under exemptions from the registration stipulations of the Securities Act of 1933, as amended, which include Section 4(a)(2) and Regulation S.
This press release is not an offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction where such an offer, solicitation, or sale would be illegal before registration or qualification under the securities laws of that state or jurisdiction.
Forward-Looking Statements
Some statements in this announcement are forward-looking, including, but not limited to, the Company’s proposed offering. These forward-looking statements involve known and unknown risks and uncertainties. They are founded on current expectations and forecasts about future events and financial trends that the Company believes could impact its financial condition, operational results, business strategy, and financial requirements. Investors can identify many (though not all) of these statements by words like “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar phrases. The Company does not commit to publicly updating or revising any forward-looking statements to reflect subsequent events, circumstances, or changes in its expectations, except as required by law. While the Company believes the expectations in these forward-looking statements are reasonable, it cannot guarantee they will prove correct. The Company warns investors that actual outcomes may differ significantly from anticipated results and urges investors to examine other factors that might influence future performance in the Company’s registration statement and other SEC filings.
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