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Chinese InsurTech firm Zhibao buys $154.7M in Bitcoin via all-crypto funding round

The Shanghai-based InsurTech company closed a private placement where investors contributed Bitcoin directly instead of cash—a sign institutional capital in Asia is treating BTC as a treasury asset, not just a trading vehicle.

RECORDED 2026-08-19 · 14:00 UTC
Reported by Decrypt
RECORD BTC-B70BE134 · WRITTEN ONCE
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