CIMG Inc., a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners’ sales growth and commercial value, today announced that it has entered into a non-binding memorandum of understanding (the “MOU”) with Bedrock to explore a strategic collaboration aimed at advancing compliant institutional decentralized finance (DeFi) solutions. The primary objective of the proposed collaboration is to bridge the gap between traditional finance and the decentralized ecosystem by offering a secure and scalable pathway designed to align with regulatory requirements for institutional engagement with on-chain finance, with an immediate focus on Bitcoin (BTC) liquid staking.
Under the MOU, the parties intend to explore key initiatives including institutional BTC liquid staking, on-chain finance access for institutional entities, infrastructure designed to meet the compliance and security requirements of financial institutions, and broader adoption of compliant DeFi by traditional financial institutions.
As contemplated by the MOU, CIMG would contribute expertise in financial compliance and institutional structuring, while Bedrock would provide robust, secure, and cutting-edge staking and asset management technology. The parties will engage in good faith discussions to define specific project milestones, deliverables, and resource allocations in separate written agreements or statements of work.
The MOU is non-binding and reflects the parties’ current intention to explore a potential future partnership. Any transaction will be subject to further negotiations and the execution of definitive agreements between the parties. There can be no assurance that any definitive agreement will be executed or that any proposed collaboration will be completed.
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