CIMG signs Memorandum of Understanding with Bedrock to explore compliant institutional-level DeFi and BTC liquidity staking
According to Odaily, CIMG Inc. (Nasdaq: CIMG) announced the signing of a non-binding memorandum of understanding with Bedrock. The two parties will explore strategic cooperation in compliant institutional DeFi solutions, initially focusing on BTC liquid staking.
The cooperation will include institutional BTC liquid staking, institutional on-chain financial access, building infrastructure that meets the compliance and security requirements of financial institutions, and promoting the adoption of compliant DeFi by traditional financial institutions. According to the memorandum, CIMG will contribute expertise in financial compliance and institutional structuring, while Bedrock will provide staking and asset management technology. The parties will further negotiate specific project milestones, deliverables, and resource allocation.
This memorandum is a non-binding document; subsequent cooperation requires further negotiation and the signing of a formal agreement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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