Nano Labs subsidiaries Nano bit and BitFi enter into strategic partnership to innovate Bitcoin asset management
Hong Kong, January 10, 2025 /PRNewswire/ — Nano Labs Ltd (Nasdaq: NA) (“We”, “Company” or “Nano Research Institute“) is a leading fabless integrated circuit design company and product solutions provider. chinaToday the Company announced a partnership (“Partnership”) with leading BitFi through its wholly-owned subsidiary Nano bit HK Limited (“Nano bit”). cryptocurrency Asset management platform, innovative joint development Bitcoin Asset Management Solutions. The partnership opens a new chapter. ‘Nano Labs’ Global technological innovation and strategic ecosystem development.
As part of this strategic initiative, Nano Research Institute I agree to adopt it. Bitcoin As long-term strategic reserve assets, Nanobit is responsible for the management and operation of these assets. As the company’s professional partner, BitFi agrees to provide comprehensive solutions, including asset storage, quantity management and value enhancement strategies, to ensure the security and profitability of these reserve assets.
The partnership not only represents a new step; ‘Nano Labs’ strategic engagement with Bitcoin It highlights BitFi’s technical expertise and leadership as well as its ecosystem. cryptocurrency Asset Management. The two companies aim to leverage their complementary strengths to foster developments in: Bitcoin Build an ecosystem and drive sustainable growth across industries.
About Nano Labs Ltd
Nano Labs Ltd is a leading fabless integrated circuit (“IC”) design company and product solutions provider. china. Nano Research Institute is dedicated to the development of high-throughput computing (“HTC”) chips, high-performance computing (“HPC”) chips, distributed computing and storage solutions, smart network interface cards (“NIC”) vision computing chips, and distributed rendering. Nano Research Institute We have built a comprehensive Flow Processing Unit (“FPU”) architecture that provides a solution that integrates the capabilities of both HTC and HPC. Nanolab’s The Cuckoo series is one of the first near-memory HTC chips to hit the market*. For more information, please visit the company website (ir.nano.cn).
*According to industry report prepared by Frost & Sullivan.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as defined and amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to: A company’s plan to appeal an employee’s decision can be identified by terms such as “may,” “will,” “anticipates,” “estimates,” and “aims.” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “likely,” or other similar expressions. These statements are based on management’s current expectations and current market and operating conditions and involve events that involve known and unknown risks, uncertainties and other factors. All of these factors are difficult to predict and many are beyond the Company’s control. could cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Additional information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For investor inquiries, please contact the following contact information:
Nanolabs Co., Ltd.
ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investor@ascent-ir.com
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SOURCE Nano Labs Ltd
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