Zhibao Technology signs framework deal with Bedrock to explore on-chain tokenization of ZBAO shares
ZBAO•Zhibao Technology signed a non-binding framework agreement with Bedrock to study on-chain issuance of its Nasdaq-listed shares and other potential projects. The parties will also assess deploying part of Zhibao’s 2,380 BTC treasury into Bedrock’s uniBTC infrastructure; they expect a definitive agreement within 12 months, subject to approvals.
1. Proposed collaboration
Zhibao Technology and Bedrock will study transfer-agent-level on-chain issuance of Zhibao’s Class A ordinary shares with voting and dividend rights, rather than synthetic tokens or a new share class. The work also includes permissioned DeFi use for verified wallets with compliance controls, including smart-contract-enforced transfer restrictions.
2. Treasury assessment
The parties will assess deploying part of Zhibao’s 2,380 BTC treasury into Bedrock’s uniBTC liquid restaking infrastructure under institutional custody. The framework agreement is non-binding, and a definitive partnership agreement is expected within 12 months, subject to regulatory, audit and board approvals.
