US-listed 'DDC Enterprise Limited' signs partnership with Animoca Brands

Source
Son Min

Summary

  • 'DDC Enterprise Limited' has reportedly signed a Bitcoin partnership worth $100 million with Animoca Brands.
  • Through the partnership, Animoca Brands announced its plans to entrust up to $100 million worth of Bitcoin to DDC.
  • Separately, DDC had previously raised $528 million for Bitcoin stockpiling.

It has been revealed that the e-commerce company 'DDC Enterprise Limited', listed on the New York Stock Exchange, has signed a strategic partnership with Animoca Brands.

According to Business Wire on the 13th (local time), DDC announced in a press release, "We have entered into a Bitcoin (BTC)-related partnership with Animoca Brands worth $100 million." As a result, Animoca Brands plans to entrust up to $100 million worth of Bitcoin to DDC.

Meanwhile, on June 17th (local time), DDC had separately raised $528 million to stockpile Bitcoin.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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