Zhibao signs deal to explore tokenization of Nasdaq shares By Investing.com
RWA Signal Insight
StocksZhibao Technology Inc. has entered a strategic framework agreement with Bedrock to explore the tokenization of its Nasdaq-listed Class A Ordinary Shares. The initiative aims to issue shares natively on public blockchain networks while maintaining standard shareholder rights such as voting and dividends. Unlike synthetic derivatives, this model seeks to integrate equity directly into on-chain infrastructure, marking a significant step for corporate digital asset strategy. Additionally, the partnership will evaluate deploying a portion of Zhibao's 2,380 Bitcoin treasury into Bedrock’s liquid restaking protocols. This move follows Zhibao's $154.7 million Bitcoin-settled private investment in public equity financing completed in August 2026. The project remains subject to rigorous U.S. securities law compliance, Nasdaq regulatory approval, and the engagement of qualified custodians. Both parties intend to finalize a definitive agreement within 12 months, focusing on compliance-gated frameworks and smart contract insurance. This development highlights a growing trend of publicly traded companies seeking to bridge traditional equity markets with blockchain-based operational models.
Key points
- Zhibao plans to tokenize Nasdaq-listed Class A shares natively on public blockchains.
- The firm holds 2,380 Bitcoin from a $154.7 million private equity financing.
- Partnership with Bedrock includes evaluating liquid restaking for corporate Bitcoin reserves.
- Definitive agreement expected within 12 months pending SEC and Nasdaq regulatory compliance.
Background
Zhibao Technology is an InsurTech company that provides digital insurance brokerage services primarily within the Chinese market. The company has recently integrated significant Bitcoin holdings into its corporate treasury strategy, positioning itself at the intersection of traditional insurance services and digital asset management.