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Nasdaq-listed company CIMG Inc. teams up with Merlin Chain to launch a $55 million Bitcoin treasury
BlockBeats News, September 4th, Nasdaq-listed company CIMG Inc. (Nasdaq: IMG) announced a strategic partnership with Merlin Chain to launch a $55 million Bitcoin treasury. The initial 500 BTC will be on-chain through Merlin Chain's Institutional HODL+ and participate in staking.
This marks the industry's first pilot of an on-chain Bitcoin treasury driven by a publicly listed company, highlighting not only the accelerated financialization of Bitcoin but also providing an compliant, secure, and sustainable BTCfi path for corporate treasuries.
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