Tianrui Xiang completes $1.5 billion strategic financing, will receive 15,000 BTC in funding

GateNews
BTC-0,27%

ChainCatcher News, Tianruixiang completes $1.5 billion strategic financing led by a global digital asset investor. According to the agreement, the investor will inject 15,000 BTC into Tianruixiang in exchange for equity in the company. The two parties will establish a global joint innovation laboratory focused on developing AI-driven cryptocurrency trading and risk management systems, blockchain infrastructure, and DApp ecosystems. Tianruixiang’s main business is providing insurance brokerage services.

After the meeting, Tianruixiang 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 integration products.

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