Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot
60-second summary
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.