24/7 Market News Snapshot 01 October, 2025 – Chijet Motor Company, Inc. Ordinary Shares (NASDAQ:CJET)
DENVER, Colo., 01 October, 2025 (www.247marketnews.com) – (NASDAQ:CJET) are discussed in this article.
Chijet Motor Company, Inc. is witnessing a significant surge in pre-market trading, with shares currently at $0.359, representing an impressive rise of 121.47% from the previous closing price of $0.162. This sharp increase, coupled with a robust trading volume of 56.73 million shares, reflects heightened investor interest, likely sparked by recent strategic developments within the company.
In a transformative move, Chijet has announced a partnership with institutional investors aimed at expanding its footprint in the rapidly evolving digital asset custody and storage market. This collaboration, formalized through a Memorandum of Understanding (MOU), elevates the company’s investment opportunity from an initial $20 million to an extraordinary $1 billion offering. This 50-fold increase signifies the strong confidence that institutional investors have in Chijet’s long-term vision and operational capabilities.
The capital raised is earmarked for bolstering the company’s initiatives in the digital currency sector, emphasizing the establishment of advanced infrastructure for secure digital asset custody and storage solutions. CEO Ms. Melissa Chen remarked, “Our investors’ extraordinary support validates the strategic path we have carved out. This substantial influx of capital enhances our financial flexibility and empowers us to accelerate the development of robust crypto custody infrastructure.”
Chijet, with its legacy of manufacturing high-performance traditional and new energy vehicles, is well-positioned to navigate the burgeoning market for digital asset services. The company is committed to leveraging its established expertise to become a notable player in the dynamic digital asset custody domain, viewing the emerging challenges as opportunities to drive growth and innovation.
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