TechFlow News, March 5: According to Chainwire, CIMG Inc., a Nasdaq-listed company (Nasdaq: IMG), has signed a strategic agreement with iZUMi Finance to acquire key assets including core patents and intellectual property.
This acquisition builds upon the parties’ prior collaboration, including the jointly launched $20 million Upstarts Fund. By integrating iZUMi Finance’s cross-chain liquidity technology, liquidity management mechanisms, and governance infrastructure, CIMG aims to strengthen its decentralized finance (DeFi) architecture and deepen its presence in on-chain liquidity markets. As part of the acquisition framework, CIMG also plans to acquire $IZI tokens for long-term staking and participation in iZUMi’s ecosystem governance. This move is expected to enhance on-chain capital efficiency and support optimized yield generation from Bitcoin held in CIMG’s treasury.
iZUMi Finance is a cross-chain DeFi protocol whose flagship product, iZiSwap, is a cross-chain decentralized exchange built on the innovative DL-AMM design.
