Animoca Brands and DDC Enterprise announce $100 M Bitcoin strategic partnership to expand corporate Bitcoin treasury
A non-binding memorandum of understanding (MoU) was signed Thursday between DDC Enterprise Limited (DDC) and Animoca Brands to create and execute plans that optimize the Web3 company’s Bitcoin assets’ yield while controlling related risks.
The MoU creates a strategic partnership, according to a statement from Animoca Brands, whereby the company will contribute up to $100 million in Bitcoin to yield enhancement initiatives run by DDC.
The action speeds up DDC’s plan to accumulate Bitcoin, establishes Bitcoin as a crucial part of modern corporate finance strategy, and provides a model for public companies looking to adopt digital assets.
In order to guarantee that the company’s Bitcoin treasury operations are in line with state-of-the-art industry standards and long-term value creation, Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, will also join DDC’s recently established Bitcoin Visionary Council.
“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.
The statement lists the following as the main benefits of the partnership: accelerating DDC’s strategy for accumulating Bitcoin; developing yield-generating strategies for Bitcoin treasury corporations; and establishing a replicable framework for the adoption of digital assets by public companies.
“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 corporate Bitcoin treasury revolution while continuing to be a top Asian food platform worldwide.
The business has adopted an aggressive accumulation strategy and positioned Bitcoin as a key reserve asset.
DDC is currently leading the way in the integration of Bitcoin into the financial architecture of publicly traded companies, all the while expanding its portfolio of culinary brands, which includes DayDayCook, Nona Lim, and Yai’s Thai.
A global Web3 company called Animoca Brands uses blockchain and tokenization to give customers digital property rights, thereby establishing the open metaverse and the network effects that go along with it.
