Story thread · 2 reports / 2 sources

Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot

decrypt.co · 1h

Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot

The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.

First report: Zhibao Technology completes $154.7M Bitcoin-funded private placement, will hold BTC in treasury cryptobriefing.com, 1d

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