DDC Enterprise Limited (DDC) announced on Thursday that it has agreed to work with Animoca Brands. They will create plans to get the most benefit from Animoca’s Bitcoin assets while keeping risks under control.
Animoca Brands said in a statement that the MoU establishes a strategic partnership whereby the firm will allocate up to $100 million in Bitcoin towards yield enhancement strategies operated by DDC.
This step speeds up DDC’s plan to collect more Bitcoin. It shows how Bitcoin can be an important part of modern business finance and sets an example for other public companies to use digital assets.
In addition, Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, will join DDC’s newly formed Bitcoin Visionary Council to provide strategic leadership and guidance to ensure the company’s Bitcoin treasury operations align with cutting-edge industry standards and long-term value creation.
“This partnership with Animoca Brands marks a transformative step for DDC and reflects our shared vision to accelerate Bitcoin’s role as a pristine monetary asset,” said Norma Chu, Chairwoman, Founder, and Chief Executive Officer of DDC.
“The addition of Yat Siu to our newly formed Bitcoin Visionary Council brings exceptional industry experience and network value that will strengthen our strategic direction and help guide our treasury and Bitcoin ecosystem initiatives,
“Together, we’re committed to innovation, disciplined risk management, and unlocking Bitcoin’s full potential as a modern treasury asset,” she added.
According to the statement, the key partnership advantages include accelerating DDC’s Bitcoin accumulation strategy; developing yield-generating strategies for Bitcoin treasury corporations; and creating a replicable framework for public-company digital-asset adoption.
“Our partnership with DDC enables Animoca Brands to enhance the value of our blockchain technologies and maximize the value of our Bitcoin holdings,
“Through this partnership, we will focus on developing strategies to enhance Bitcoin’s value proposition, leveraging DDC’s commitment to advancing corporate Bitcoin treasury solutions,” said Yat Siu.
DDC is leading the way in using Bitcoin as part of its company finances while staying a top Asian food platform.
The company has made Bitcoin a main part of its savings and is actively buying more.
At the same time, DDC keeps growing its food brands like DayDayCook, Nona Lim, and Yai’s Thai. Now, it is one of the first public companies to include Bitcoin in how it manages money.
Animoca Brands is a global Web3 company that uses blockchain and token technology to give people digital ownership. They work to build the open metaverse and its growing network of users.
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