BEIJING, China – CIMG Inc. (“CIMG” or the “Company”) (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technology and marketing to enhance its partners’ sales growth and commercial value, today announced that it has signed a Memorandum of Understanding (MOU) with Merlin Chain to establish a strategic partnership. The collaboration will focus on innovation and application in Bitcoin Staking and Bitcoin Finance (BTCFi), jointly promoting the expansion of related technologies, ecosystems, and markets. This MOU confirms the mutual intent to cooperate and is not legally binding.
Pursuant to the MOU, CIMG plans to participate with its 500 Bitcoin in Merlin Chain’s BTC Staking-related testing and applications, with the cooperative testing phase expected to commence in the near future. The two parties will jointly explore innovative models in decentralization, compliance, security, and other areas to enhance the market influence and ecosystem value of BTC Staking.
CIMG and Merlin Chain will work together to expand the BTCFi ecosystem partners, including but not limited to DeFi protocols, infrastructure providers, cross-chain bridges, clearing and custody services, among others. The parties will also jointly develop promotion and cooperation plans to facilitate the practical implementation and industrial development of BTCFi applications.
To ensure execution and impact, CIMG and Merlin will establish a joint working group responsible for testing, monitoring progress, and evaluating outcomes. Upon successful completion of the cooperative testing phase, the parties will explore entering into a formal long-term cooperation agreement.
Jeff Yin, Founder of Merlin Chain, commented: “Institutional Bitcoin adoption is no longer just about buying and holding. It’s about transforming Bitcoin into a productive asset while preserving its security and integrity. This is the first large-scale BTCfi deployment for a public company, and it sets the standard for the future of corporate Bitcoin using institutional-grade Bitcoin Staking Strategy.”
Wang Jianshuang, the Chairwoman of the Board of Directors and Chief Executive Officer of CIMG, stated: “This collaboration sets a precedent for how corporations can hold and grow Bitcoin in the new BTCfi era. The growth and recognition of Bitcoin have revealed opportunities for traditional enterprises to integrate organically with the innovative blockchain ecosystem. We aim to pioneer a new era of Bitcoin financial applications and become one of the listed companies deeply engaged in Bitcoin finance.”
About Merlin Chain
Merlin Chain is a next-generation Bitcoin Layer 2 designed to unlock the full utility of BTC through staking, cross-chain finance, and AI-powered applications. Built with zkEVM scalability and Bitcoin security inheritance, Merlin enables secure and composable BTCfi experiences for institutions and individuals alike.
About CIMG Inc.
CIMG Inc. is a global business group specializing in digital health and sales development. Utilizing technology and marketing (including MarTech and Multi-Channel Network), the Company enhances its partners’ sales growth and commercial value. The company’s brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
Forward-Looking Statements
This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. There cannot be any assurance that the Company and Flock well enter into a definitive agreement. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.
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