Gate News: On March 25, CIMG Inc. (Nasdaq: CIMG) announced the signing of a non-binding memorandum of understanding with Bedrock. The two parties will explore strategic collaborations for compliant institutional-level DeFi solutions, initially focusing on BTC liquidity staking. The cooperation areas include: institutional BTC liquidity staking, on-chain financial access for institutions, infrastructure development to meet compliance and security requirements for financial institutions, and promoting the adoption of compliant DeFi by traditional financial institutions. According to the memorandum, CIMG will provide expertise in financial compliance and institutional architecture, while Bedrock will offer staking and asset management technology. Both parties will further negotiate specific project milestones, deliverables, and resource allocation. This memorandum is non-binding, and subsequent cooperation will require further negotiations and the signing of formal agreements.
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