Publicly Listed DDC Enterprise Announces $100 Million Bitcoin Strategic Partnership Intent with Animoca Brands

According to ChainCatcher, DDC Enterprise has announced that it has signed a non-binding memorandum of understanding with Animoca Brands to develop and implement strategies aimed at maximizing the returns on Web3 leaders' Bitcoin assets while managing associated risks.

Animoca Brands will entrust up to $100 million worth of Bitcoin to DDC for yield enhancement strategies. In addition, Yat Siu, co-founder of Animoca Brands, will join the Bitcoin Vision Committee established by DDC. Last month, DDC announced a $528 million financing agreement.