Zhibao Technology signs MOU with DeSyn Protocol for BTCfi products
New York - Zhibao Technology Inc. (NASDAQ:ZBAO) has entered into a memorandum of understanding with DeSyn Labs Ltd. to investigate a strategic cooperation in the Bitcoin Finance domain. The alliance aims to create Bitcoin-denominated yield products and institutional-grade BTCfi infrastructure by merging Zhibao’s risk management platforms and InsurTech pricing methodologies with DeSyn’s multi-chain asset management technology, as outlined in a press release.
DeSyn Labs functions across 15 blockchain networks, holding over $1 billion in total value locked and boasting more than 200,000 users. The joint effort will concentrate on three key aspects: incorporating risk pricing and reinsurance models into decentralized BTC yield strategies, jointly creating Bitcoin-denominated yield products for financial entities, and broadening the ecosystem using Zhibao’s 2,380 BTC digital asset portfolio.
The agreement is contingent upon due diligence, audits, and adherence to U.S. Securities and Exchange Commission and Chinese regulatory standards. Both entities must also conclude Zhibao’s de-classification restructuring, which would exempt the company from Chinese Securities Regulatory Commission reporting obligations. A final partnership contract is anticipated within 12 months.
Jinmei Guo Hellstreom, CEO of Zhibao Technology, commented that the burgeoning growth of BTCfi signifies substantial liquidity and structural potential for Bitcoin as a productive treasury asset. She expressed enthusiasm for exploring how conventional InsurTech risk management, AI pricing, and public-company disclosure standards can bolster decentralized BTC yield strategies.
Zhibao Technology specializes in digital insurance brokerage services through a business-to-business-to-customer model. Founded in 2020, the company initiated China's inaugural digital insurance brokerage platform and has developed over 40 digital insurance solutions across various sectors, including travel, sports, logistics, and e-commerce.
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