Nasdaq-listed company CIMG plans to acquire the core assets of iZUMi Finance.

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Odaily Planet Daily reports that iZUMi Finance has announced a strategic partnership with CIMG Inc., a Nasdaq-listed company (Nasdaq: IMG). CIMG plans to acquire some of iZUMi Finance’s core assets, patents, and intellectual property to further expand its institutional decentralized finance infrastructure.

Under the agreement framework, CIMG intends to integrate iZUMi Finance’s multi-chain liquidity technology and governance mechanisms to improve on-chain capital efficiency and optimize returns on its Bitcoin reserves. Additionally, CIMG plans to purchase $IZI tokens for long-term staking and governance participation.

This acquisition plan is built on the foundation of previous cooperation between the two parties, including the joint launch of the $20 million Upstarts Fund. By integrating iZUMi’s liquidity infrastructure and technological assets, both sides aim to strengthen their presence in on-chain liquidity markets and the institutional DeFi sector. (Cointelegraph)

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