PANews reported on October 8th that DDC Enterprise Limited, a NYSE-listed company, completed a $124 million equity financing round led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC founder, chairman, and CEO Zhu Jiaying personally invested $3 million. It is reported that almost all participating investors in this round of financing (including the founders' investment) have pledged to lock up their shares for 180 days from the date of transaction completion to support the implementation of DDC's Bitcoin treasury strategy.PANews reported on October 8th that DDC Enterprise Limited, a NYSE-listed company, completed a $124 million equity financing round led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC founder, chairman, and CEO Zhu Jiaying personally invested $3 million. It is reported that almost all participating investors in this round of financing (including the founders' investment) have pledged to lock up their shares for 180 days from the date of transaction completion to support the implementation of DDC's Bitcoin treasury strategy.

NYSE-listed DDC Enterprise completes $124 million financing round, led by PAG Pegasus Fund and others

2025/10/08 20:51

PANews reported on October 8th that DDC Enterprise Limited, a NYSE-listed company, completed a $124 million equity financing round led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC founder, chairman, and CEO Zhu Jiaying personally invested $3 million. It is reported that almost all participating investors in this round of financing (including the founders' investment) have pledged to lock up their shares for 180 days from the date of transaction completion to support the implementation of DDC's Bitcoin treasury strategy.

Market Opportunity
Houdini Swap Logo
Houdini Swap Price(LOCK)
$0.1048
$0.1048$0.1048
+1.74%
USD
Houdini Swap (LOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
XRP Price Prediction: Ripple CEO at Davos Predicts Crypto ATHs This Year – $5 XRP Next?

XRP Price Prediction: Ripple CEO at Davos Predicts Crypto ATHs This Year – $5 XRP Next?

XRP has traded near $1.90 as Ripple CEO Brad Garlinghouse has predicted from Davos that the crypto market will reach new highs this year. Analysts have pointed
Share
Coinstats2026/01/22 04:49
Supreme Court rejected Trump’s attempt to fire Fed Governor Lisa Cook

Supreme Court rejected Trump’s attempt to fire Fed Governor Lisa Cook

The Supreme Court has refused to support President Donald Trump in his attempt to fire Federal Reserve Governor Lisa Cook, after justices raised serious doubts
Share
Cryptopolitan2026/01/22 05:30