Zhibao and Bedrock to Explore On-Chain Tokenization of Nasdaq Shares and Bitcoin Treasury Yield
ZBAO sits 26% above its 52-week low of $2.21 on light trading volume (0.2× avg).
Summary
Zhibao Technology signed a strategic framework agreement with Bedrock to explore tokenizing its SEC-registered Class A Ordinary Shares on public blockchains, deploying part of its 2,380 BTC treasury into Bedrock's uniBTC liquid restaking, and integrating permissioned DeFi. The collaboration is non-binding and subject to regulatory approvals, due diligence, and completion of Zhibao's De-Classification Restructuring. This follows the August 2026 $154.7 million Bitcoin-settled PIPE and the recent 1-for-50 reverse split. The initiative could modernize share settlement and unlock yield on the company's Bitcoin reserve, but execution is uncertain and a definitive agreement is expected within 12 months.
At the time of this announcement, ZBAO was trading at $2.78 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $25.8M. The 52-week trading range was $2.21 to $67.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.