Animoca to Allocate up to $100 Million in Bitcoin to DDC for Yield Enhancement Strategy
BlockBeats News, July 12—According to crowdfundinsider, Hong Kong-listed company DDC Enterprise Limited has signed a strategic memorandum of understanding with Animoca Brands. The two parties will jointly develop solutions to optimize returns on Bitcoin assets. According to the announcement, Animoca Brands will allocate up to $100 million worth of Bitcoin to DDC, which will operate yield enhancement strategies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Rising Bitcoin "vitality" indicator suggests the bull market may continue
Ant.fun airdrops ANB tokens to 10,000 addresses that recently used gmgn
a16z Report: Recommends Blockchain Differentiation to Address Quantum Computing Threats
Michael Saylor: Strategy has accumulated over 200,000 bitcoins so far this year
