iZUMi Finance announced a strategic agreement with Nasdaq-listed CIMG Inc. (Nasdaq: IMG), under which CIMG plans to acquire certain core assets, patents, and intellectual property of iZUMi Finance to further expand its institutional-grade decentralized finance (DeFi) infrastructure footprint. According to the agreement, CIMG plans to integrate iZUMi Finance's multi-chain liquidity technology and governance mechanisms to improve on-chain capital efficiency and optimize the management of its Bitcoin reserves' yield. CIMG also plans to purchase $IZI tokens for long-term staking and governance participation. This acquisition builds on previous collaborations between the two companies, including a joint $20 million Upstarts Fund. By integrating iZUMi's liquidity infrastructure and technology assets, both companies will further strengthen their presence in the on-chain liquidity market and institutional-grade DeFi. (Cointelegraph)