Tian Ruixiang completes $1.5 billion strategic financing and will receive an injection of 15,000 BTC
ChainCatcher reported that Tian Ruixiang has completed a $1.5 billion strategic financing round, led by a global digital asset investor. According to the agreement, this investor will inject 15,000 BTC into Tian Ruixiang in exchange for company equity. Both parties will establish a global joint innovation laboratory, focusing on the development of AI-driven cryptocurrency trading and risk management systems, blockchain infrastructure, and DApp ecosystems. Tian Ruixiang's main business is providing insurance brokerage services.
After the meeting, Tian Ruixiang CEO Baohai Xu stated that this financing will enhance the resilience of the balance sheet and accelerate the R&D cycle of AI and cryptocurrency integrated products.
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