Zhibao Signs MOU with DeSyn Protocol to Build BTCfi Yield Infrastructure
ZBAO is trading near its 52-week low of $0.081 (5.3% above the low).
Summary
Zhibao Technology announced a non-binding MOU with DeSyn Protocol to co-develop institutional-grade Bitcoin finance (BTCfi) infrastructure and yield products. The partnership aims to combine Zhibao's AI-driven risk management and InsurTech pricing with DeSyn's multi-chain asset management stack, which reportedly has over $1B in TVL and 200,000+ users. The collaboration will explore Bitcoin-denominated yield funds, risk protection frameworks, and global ecosystem expansion, leveraging Zhibao's 2,380 BTC treasury. The deal is subject to due diligence, regulatory compliance, and completion of Zhibao's De-Classification Restructuring, with a definitive agreement expected within 12 months. This follows a series of transformative events for Zhibao, including a $154.7M PIPE financing paid in Bitcoin, a Nasdaq deficiency notice, and a planned 1-for-50 reverse split.
At the time of this announcement, ZBAO was trading at $0.09 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $38.3M. The 52-week trading range was $0.08 to $1.34. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.