CIMG Inc. (NASDAQ: CIMG) announced it has entered into a non-binding memorandum of understanding with Bedrock to explore a strategic collaboration focused on compliant institutional decentralized finance solutions, with an immediate focus on Bitcoin liquid staking.

The MOU outlines potential initiatives including institutional BTC liquid staking, on-chain finance access for institutional entities, and infrastructure designed to meet compliance and security requirements of financial institutions. CIMG would contribute expertise in financial compliance and institutional structuring, while Bedrock would provide staking and asset management technology.

The parties plan to engage in discussions to define specific project milestones, deliverables, and resource allocations through separate written agreements. The collaboration aims to bridge traditional finance and the decentralized ecosystem by offering a pathway that aligns with regulatory requirements for institutional engagement with on-chain finance.

CIMG describes itself as a business group specializing in digital health and sales development with a cryptocurrency-focused strategy. The company leverages AI and cryptocurrencies to drive business growth and help clients maximize user growth and enhance brand management value. Its client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.

The MOU is non-binding and reflects the parties' current intention to explore a potential future partnership. Any transaction will be subject to further negotiations and execution of definitive agreements. The company stated there can be no assurance that any definitive agreement will be executed or that any proposed collaboration will be completed.