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U.S. publicly traded company CIMG signs a strategic agreement to acquire the core assets of DeFi protocol iZUMi Finance
Deep Tide TechFlow News, on March 5th, according to Chainwire, NASDAQ-listed company CIMG Inc. (NASDAQ: IMG) has signed a strategic agreement with iZUMi Finance, planning to acquire key assets such as core patents and intellectual property from the latter.
This acquisition is based on their previous collaboration, including the jointly launched $20 million Upstarts Fund. By integrating iZUMi Finance’s multi-chain liquidity technology, liquidity management mechanisms, and governance infrastructure, CIMG aims to strengthen its decentralized finance (DeFi) architecture and deepen its presence in on-chain liquidity markets. As part of the acquisition framework, CIMG also plans to acquire $IZI tokens for long-term staking and participation in iZUMi ecosystem governance. This move is expected to improve on-chain capital efficiency and support the optimization of Bitcoin yield generation within CIMG’s treasury.
iZUMi Finance is a multi-chain DeFi protocol, with its flagship product iZiSwap, a multi-chain decentralized exchange based on innovative DL-AMM design.