Merlin @MerlinLayer2 has reached an in-depth strategic cooperation with CIMG, a Nasdaq-listed company, and will directly invest $55 million to launch an on-chain Bitcoin treasury through Merlin's Institutional HODL+ solution, which not only makes CIMG the first Nasdaq company in the industry to officially launch an on-chain BTCfi treasury, but also confirms Merlin's presence in BTCfi The first-mover advantage of the institutional track. Looking back at Merlin's core intention, it is to "make Bitcoin interesting again" - to break the limitations of BTC's "static reserves" through ecological empowerment and amplify its asset potential. CIMG's $55 million capital injection precisely activates this original intention: the first batch of 500 BTC has been confirmed to be listed on the chain through Institutional HODL +, which can not only enjoy compliant and secure custody services, but also participate in interest generation; More importantly, these BTCs can flow across 20+ public chains...
Introducing Institutional HODL+ Merlin Chain’s new paradigm for Bitcoin Treasury management — a compliant, secure, and yield-driven framework designed to transform BTC from a passive reserve into a productive institutional asset.
Show original
37.35K
25
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.