Autozi Internet Technology (NASDAQ:AZI) reported that it has completed negotiations to acquire approximately $1.87 billion in premium digital assets for $1.1 billion from what the company described as a "globally leading crypto-asset institution." The announcement came alongside a strategic partnership with the same, unnamed counterparty and preceded a 5.2% rise in AZI shares in Tuesday's premarket trading.
Autozi characterized the purchase as occurring "amidst a period of adjustment in the global crypto market" and described the deal as a "significantly discounted acquisition" that provides "ample flexibility for subsequent valuation recovery and appreciation." The company emphasized that the pricing presents room for potential upside if market valuations rebound.
Under the terms disclosed by Autozi, the acquired holdings span mainstream crypto-assets, blockchain ecosystem tokens, and infrastructure-oriented positions tied to stablecoins and compliant payments. The package also includes equity and token positions in several projects, according to the company statement.
In addition to the asset transfer, Autozi said it has entered a strategic collaboration with the unnamed crypto institution to build Digital Asset Treasury (DAT) management systems, construct crypto-payment infrastructure and pursue global expansion in line with applicable regulatory requirements. The company framed this as a shift in its investment posture, calling it an upgrade from "traditional asset allocation" to "global diversified digital asset allocation."
Autozi described the partnership's ambition as transforming cryptocurrency from an "investment tool" into an "everyday payment tool," by developing payment networks intended to support cross-border trade and consumption. The company stated the strategic deployment is expected to strengthen the resilience of its asset structure and improve its global strategic execution capability, while potentially elevating asset return rates and creating new growth opportunities in overseas markets.
Key points
- Autozi acquired about $1.87 billion in digital assets for $1.1 billion from an unnamed global crypto institution.
- The deal includes a strategic partnership to build Digital Asset Treasury systems and crypto-payment infrastructure, with a stated focus on regulatory compliance and cross-border payments.
- Company framed the transaction as a discounted purchase during a market adjustment, and said it expects the move to bolster asset resilience and unlock growth internationally.
Risks and uncertainties
- The counterparty is unnamed; details about the institution and long-term partnership mechanics were not disclosed.
- The company noted the transaction occurred during a period of market adjustment, which implies exposure to continued crypto market volatility.
- The planned global expansion and payment infrastructure development are subject to regulatory compliance requirements, which may introduce execution uncertainty.