PANews reported on March 16th that, according to PR Newswire, Nasdaq-listed Jiuzi Holdings has signed a strategic memorandum of understanding with blockchain infrastructure project AetheriumX, planning to invest up to $30 million in its flagship product, Distributed Capital Intelligence Protocol (DCIP), to develop Web3 infrastructure and digital asset intelligent strategy execution. DCIP focuses on DeFi, GameFi, and digital asset management, providing high-performance, secure on-chain interaction and asset management infrastructure. The two parties will collaborate on technology and business in areas such as decentralized finance infrastructure, blockchain game asset management and profit strategies, intelligent asset allocation and strategy execution, and potentially generate revenue through protocol ecosystem expansion.