Jiuzi Holdings, Inc. (NASDAQ:JZXN) ("Jiuzi Holdings" or the "Company") today announced that it has entered into a significant strategic Memorandum of Understanding (MOU) with AetheriumX, a rising star in the blockchain infrastructure space. Pursuant to the MOU, Jiuzi Holdings proposes to invest up to US$30 million in AetheriumX's flagship product, the Distributed Capital Intelligence Protocol (DCIP). This move marks a groundbreaking step for the Company in the global Web3 infrastructure and digital asset intelligent strategy execution space.

This collaboration is viewed as a key "offensive" move by Jiuzi Holdings in the new wave of technology and finance convergence, with the potential to significantly enhance the Company's market valuation and growth prospects.