DDC Enterprise, a publicly listed company, announced a strategic cooperation intention with Animoca Brands worth 100 million dollars in Bitcoin

ChainCatcher news reports that DDC Enterprise has announced the signing of a non-binding memorandum of understanding with Animoca Brands to develop and implement strategies that maximize the returns on Bitcoin assets for Web3 leaders while managing related risks.

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