Zhongchi Chefu announced the acquisition of digital assets worth $1.87 billion for $1.1 billion.
TechFlame
2026-02-10 12:34
TechFlame2026-02-10 12:34
English
TechFlame News: Zhongchi Chefu Interconnect Technology Co., Ltd. has announced the completion of acquisition negotiations for approximately $1.87 billion in high-quality digital assets from a crypto institution, valued at around $1.1 billion.
This acquisition includes mainstream crypto assets, public chain ecosystem tokens with high growth potential, infrastructure assets related to stablecoins and compliant payments, as well as equity and tokens from multiple high-quality projects. Additionally, Zhongchi Chefu’s U.S. subsidiary has reached a principled cooperation agreement with the crypto giant. The two parties will engage in deep collaboration in the development of digital asset treasuries (DAT), the construction of compliant crypto payment infrastructure, and the expansion of multi-scenario payment ecosystems, jointly building and leading the global cryptocurrency digital asset treasury and crypto payment market. The management of Zhongchi Chefu stated that this counter-cyclical digital asset acquisition marks the company’s entry into a new era, transitioning from "traditional asset allocation" to "global diversified digital asset allocation."