Zhibao and DeSyn Join Forces on Bitcoin-Denominated Yield Products
Zhibao Technology Inc., a NASDAQ-listed company, has entered into a Memorandum of Understanding (MOU) with DeSyn Labs Ltd. to co-develop Bitcoin-denominated yield products.
The partnership aims to create institutional-grade BTCfi infrastructure by combining Zhibao's InsurTech expertise with DeSyn's decentralized asset management technology.
DeSyn's multi-chain stack supports over 15 chains, holds more than $1 billion in total value locked (TVL), and serves over 200,000 users.
The collaboration focuses on integrating Zhibao's reinsurance concepts into DeSyn's yield strategies to address smart contract, operational, and custody risks.