Jiuzi Holdings Inc. (NASDAQ: JZXN), a Chinese electric vehicle and charging infrastructure company, has approved a crypto asset policy authorizing up to $1 billion in digital investments. The program begins with Bitcoin (BTC) , Ethereum (ETH) , and BNB . Expansion beyond these requires board approval. Jiuzi will rely on external custodians. The CFO will oversee a new Crypto Asset Risk Committee reporting to the board. The policy is framed as a reserve, not trading. Previously, Jiuzi launched its “Thousand Coins Plan” to acquire 1,000 BTC within 12 months. The board approved convertible notes, with an initial 23.5 BTC purchase cleared.
