China’s Jiuzi Holdings Approves $1B Crypto Treasury Led by New COO
Jiuzi Holdings has made a radical move into the digital finance by releasing a new treasury program. On Wednesday, the company released an announcement about its approved Crypto Asset Investment Policy that would allow it to allocate up to $1 billion to select cryptocurrencies. The rollout of this ambitious plan follows the recent appointment of Dr. Doug Buerger as Chief Operating Officer. The company described him as a “crypto expert” with extensive experience in the industry. His leadership role signals Jiuzi’s intention to strengthen its financial strategy through carefully managed exposure to digital assets.