Canaan Technology and Xinhuo Technology formally reached a commercial strategic cooperation and signed an MOU agreement

Odaily Planet Daily According to official news, Canaan Technology (NASDAQ: CAN) announced that it has reached a business strategy with Xinhuo Technology Holdings Co., Ltd. (referred to as "Xinhuo Technology", stock code: 1611.HK), a one-stop digital asset custody platform. Cooperate with partners and sign an MOU cooperation agreement. This cooperation means that both parties empower each other's industrial ecology and innovate virtual assets from "production" to "custody" industrial cooperation. Through these cooperations, both parties will jointly promote business development, improve both parties' competitiveness and market expansion efficiency, and provide The construction of Bitcoin's entire ecosystem and the development of the digital economy will contribute greater strength.