DDC announces $100m Bitcoin treasury partnership with Animoca Brands
2025-07-11 19:38:50
Main Idea
DDC Enterprise Limited partners with Animoca Brands in a $100 million strategic collaboration to advance Bitcoin initiatives, leveraging Animoca's expertise and forming a Bitcoin Visionary Council.
Key Points
1. DDC Enterprise Limited, an NYSE-listed Asian food e-commerce firm, announced a $100 million partnership with web3 company Animoca Brands.
2. The collaboration includes tapping into Animoca Brands' Bitcoin strategy and involving co-founder Yat Siu in DDC's newly formed Bitcoin Visionary Council.
3. DDC aims to leverage Yat Siu's industry experience and network to drive innovation and disciplined asset management in their Bitcoin initiatives.
4. The partnership reflects broader corporate interest in Bitcoin, as seen with firms like MicroStrategy accumulating significant BTC holdings.
5. The market has seen increased Bitcoin ETF inflows and price rallies, alongside corporate Bitcoin accumulation strategies.
Description
DDC Enterprise Limited, an e-commerce firm best known as a leading Asian food company listed on the New York Stock Exchange, has announced a $100 million strategic partnership with web3 company Animoca Brands. The companies said in an announcement that they had signed a non-binding memorandum of understanding that will see DDC tap into a $100 million allocation to advance Animoca Brands’s Bitcoin ( BTC ) strategy. NYSE-listed DDC will help develop and implement strategies via which Animoca Brand...
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