NYSE-listed DDC Completes Fundraising of 76 Billion Yen, Launches Bitcoin Reserve Strategy

DDC Enterprise (NYSE: DDC), listed on the New York Stock Exchange, announced on July 1 that it has completed a fundraising of up to $528 million (76 billion yen) for the construction of cryptocurrency Bitcoin reserves. The company, which operates Asian food brands such as DayDayCook, Nona Lim, and Yai's Thai, is expected to undertake the largest cryptocurrency-specific fundraising by a NYSE-listed company. This fundraising includes a $26 million strategic PIPE investment from Anson Funds, a $25 million convertible bond issue, a $2 million private investment, and...