Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Crypto move from Chinese company: a $1 billion purchase is coming
As the interest of corporate companies in cryptocurrencies continues to grow rapidly, a company located in China, where cryptocurrencies are completely banned, has also decided to make a purchase of 1 billion dollars.
Jiuzi Holdings, which is based in China but also listed on the Nasdaq in the U.S., has decided to invest up to 1 billion dollars of its cash reserves in Bitcoin, Ethereum, and BNB. New cryptocurrencies may be added to these later.
The company, which has a market value of 90 million dollars and develops electric vehicle infrastructure in China’s medium and small-sized cities, stated that it will also report large-scale crypto purchases to the SEC through a 6-K form and announce it to the public.
The company's CEO, Tao Li, stated that the crypto investment policy would be implemented with the aim of preserving long-term shareholder value.
Following the announcement of the news, the company's shares on Nasdaq experienced an increase of approximately 45%, and the price rose above 2.4 dollars per share.
Published: September 24, 2025 16:35