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Nasdaq-listed company CIMG plans to acquire the core assets of iZUMi Finance
iZUMi Finance announced a strategic agreement with Nasdaq-listed company CIMG Inc. (Nasdaq: IMG), in which CIMG intends to acquire certain core assets, patents, and intellectual property of iZUMi Finance to further expand its institutional-level defi-119">decentralized finance infrastructure.
According to the framework of the agreement, CIMG plans to integrate iZUMi Finance's multi-chain liquidity technology and governance mechanisms to enhance on-chain capital efficiency and optimize the yield management of its btc-42">Bitcoin reserves. At the same time, CIMG also plans to purchase $IZI tokens for long-term staking and governance participation. This acquisition plan is built on the previous cooperation between the two parties, including the jointly launched $20 million Upstarts Fund. By integrating iZUMi's liquidity infrastructure and technological assets, both parties will further strengthen their positions in the on-chain liquidity market and institutional-level DeFi sector.
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