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NEW YORK - DDC Enterprise Limited (NYSE:DDC), an Asian food and digital asset platform whose stock has surged over 310% year-to-date according to InvestingPro data, announced Thursday the appointment of Kyu Ho as Chief of Staff to strengthen its executive leadership team.
Ho brings over 20 years of experience in traditional finance and digital assets investing. He previously co-founded Initial Ventures, an early-stage crypto investment firm, and led Thematic Investing in Asia at CPP Investments, a C$700 billion Canadian pension fund. His career includes senior roles at hedge funds Kingdon Capital and Value Partners, as well as founding Wuzhu Asia Partners. The appointment comes as DDC, with a market capitalization of $150 million, reported 33% revenue growth in the last twelve months.
In his new position, Ho will oversee DDC’s Bitcoin accumulation strategy, treasury yield optimization, custodian network management, and cross-functional alignment as the company expands its Bitcoin treasury. He has been serving as a strategic advisor to DDC since earlier this year.
"Kyu’s unique cross-sector expertise and conviction in Bitcoin make him an essential addition to the top management at DDC," said Norma Chu, Founder, Chairwoman, and CEO of DDC, according to the company’s press release.
DDC also announced the formation of two advisory bodies: the Bitcoin Visionary Council (BVC) and the Bitcoin Influence Collective (BIC). Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, has been appointed as the inaugural member of the BVC.
DDC Enterprise Limited operates as both a Bitcoin treasury and an Asian food platform with brands including DayDayCook, Nona Lim, and Yai’s Thai. InvestingPro analysis shows the company maintains a strong balance sheet with more cash than debt, though it currently trades at premium valuations. Subscribers can access 10+ additional ProTips and detailed financial metrics for DDC.
In other recent news, DDC Enterprise Limited has secured up to $528 million in financing to expand its Bitcoin holdings, marking a significant step in its corporate treasury strategy. The funding includes a $26 million equity investment and a $300 million convertible secured note, complemented by a $200 million equity line of credit. These financial maneuvers aim to position DDC as a major corporate holder of Bitcoin. In addition to expanding its reserves, DDC has partnered with BitGo Trust Company for Bitcoin custody services, enhancing the security of its digital assets with enterprise-grade protection and insurance. Furthermore, DDC has acquired an additional 79 Bitcoins, bringing its total holdings to 100 BTC, and has partnered with Hex Trust for custody and trading services. This strategic expansion aligns with DDC’s view of Bitcoin as a hedge against inflation. The company has also announced its 2025 Annual General Meeting for shareholders, as disclosed in a filing with the U.S. Securities and Exchange Commission. These developments reflect DDC’s ongoing commitment to integrating digital assets into its treasury operations.
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