BTC Digital Ltd. (“BTCT” or the “Company”) (NASDAQ: BTCT), a blockchain technology company, today announced that it has signed a strategic memorandum of understanding (MOU) with Tianci International Inc. (NASDAQ: CIIT). Under the MOU, the parties will pursue a broad strategic cooperation across cryptocurrency mining, stablecoin-based payment and settlement solutions, real-world asset (RWA) initiatives, and blockchain-enabled technology services.
Pursuant to the MOU, CIIT plans to procure approximately US$5.0 million of cryptocurrency mining equipment, with BTCT providing end-to-end hosting, operations and maintenance services for the deployed miners. CIIT intends to continue expanding its investment footprint in crypto mining, while BTCT will supply comprehensive infrastructure and technical support to enable that growth.
The two companies will also jointly explore payment and settlement use cases built on stablecoins and investigate feasible RWA pathways. Within an appropriate compliance framework, BTCT and CIIT will collaborate on the development of related products and services. Leveraging BTCT’s blockchain expertise, BTCT will further support CIIT’s digital transformation efforts by delivering blockchain solutions across supply chain management, financial settlement, customer data management and business intelligence applications.
Mr. Siguang Peng, Chief Executive Officer of BTC Digital Ltd., commented, “Our strategic cooperation with CIIT represents an important milestone in BTCT’s expansion across the digital asset ecosystem. By combining CIIT’s capital commitment with BTCT’s operational and blockchain capabilities, we will accelerate deployment of mining infrastructure and jointly pursue innovative blockchain applications that create long-term value for investors and users.”
