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ZOOZ supplier relationships

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ZOOZ supplier map: who’s enabling the Bitcoin treasury play and what investors should know

ZOOZ Power Ltd. (NASDAQ/TASE: ZOOZ) is executing a dual strategy: maintain its operating business while allocating corporate cash into a Bitcoin treasury reserve and financing that shift through a $180 million PIPE. The company monetizes in two ways that matter to investors — ongoing operating revenues from its core business, and potential balance-sheet appreciation (and liquidity effects) from its Bitcoin holdings and capital markets activity. This supplier roster defines how the treasury program is implemented and how execution risk flows to third parties. For a concise vendor-risk read on ZOOZ, visit https://nullexposure.com/.

High-level takeaway: this is a capital-markets and crypto execution stack, not a product partnership

ZOOZ’s external relationships are concentrated in three operational buckets: capital markets/placement (Chardan), legal and compliance (Cooley; Shibolet & Co.), auditing (PwC Israel), and crypto execution/liquidity (Crypto.com). That structure signals a corporate posture that is transaction-oriented and dependent on specialized third parties to execute time-sensitive, high-value moves — notably the PIPE financing and digital-asset purchases. The mix of global (U.S.) and Israeli advisors suggests cross-jurisdictional complexity that requires heavyweight counsel and trusted counterparties.

  • Contracting posture: ZOOZ relies on external specialists for critical transactions (placement agent, legal advisors, auditor, crypto execution), indicating a vendor-driven operational design for major capital events.
  • Concentration: The PIPE and treasury plan route significant execution through a small set of counterparties; any interruption in those relationships would have outsized operational impact.
  • Criticality: Crypto counterparty services (block trades, discreet settlement, deep liquidity) are mission-critical to the Bitcoin strategy; legal and placement functions are mission-critical to funding.
  • Maturity: The choice of established advisers (PwC, Cooley, Chardan) signals institutional-grade governance for the financing and reporting aspects; the use of a large crypto exchange suggests a preference for mature liquidity providers.

Who ZOOZ is working with, and why each relationship matters

Crypto.com — execution and settlement for the Bitcoin treasury

ZOOZ selected Crypto.com to execute its digital-asset treasury strategy, with Crypto.com providing block-trade execution, deep liquidity, and discreet settlement for ZOOZ’s treasury purchases. This arrangement places Crypto.com at the center of ZOOZ’s market risk and custody execution for Bitcoin purchases (reported by Crowdfund Insider in September 2025 and also noted in a March 2026 Jerusalem Post article). (Sources: Crowdfund Insider, Sept 2025; The Jerusalem Post, March 2026.)

Chardan — sole placement agent for the $180M PIPE

Chardan is acting as sole placement agent for ZOOZ’s $180 million PIPE that underpins the company’s capital allocation to Bitcoin, which concentrates the capital-raising pathway through a single investment bank and elevates placement-agent dependency during the financing window (reported by QuiverQuant in March 2026). (Source: QuiverQuant, March 2026.)

Cooley LLP — U.S. legal advisor on the transaction

ZOOZ retained Cooley LLP as its U.S. legal adviser for the PIPE and related corporate actions, indicating the company engaged established cross-border securities counsel to manage U.S. regulatory and transactional complexity (reported by QuiverQuant in March 2026). (Source: QuiverQuant, March 2026.)

PwC Israel — independent auditors

PwC Israel serves as ZOOZ’s independent auditor, providing financial statement assurance and audit oversight that underpins investor confidence in disclosure around both the PIPE and any reported Bitcoin holdings (reported by QuiverQuant in March 2026). (Source: QuiverQuant, March 2026.)

Shibolet & Co. — Israeli legal counsel

ZOOZ engaged Shibolet & Co. as its Israeli legal advisor, signaling the need for domestic counsel on Israeli corporate governance, securities law, and cross-border elements of the financing and treasury plan (reported by QuiverQuant in March 2026). (Source: QuiverQuant, March 2026.)

What the supplier mix implies for investors

This supplier list is instructive in three investor-relevant ways:

  • Execution risk concentrates with the crypto counterparty. By routing Bitcoin buys through Crypto.com for block-trade execution and discreet settlement, ZOOZ outsources market impact management and settlement reliability to that counterparty; that elevates counterparty credit and operational risk tied to Crypto.com’s performance and settlement systems.
  • Capital-raising dependency is concentrated. Chardan’s role as sole placement agent creates a single point of failure or bottleneck for the PIPE; placement success and pricing depend on that firm’s distribution capabilities and market appetite.
  • Governance and compliance emphasize institutional controls. The use of Cooley, Shibolet & Co., and PwC Israel indicates ZOOZ is prioritizing legal risk mitigation and audit transparency around a novel treasury approach — a governance signal investors should weigh positively.

For an integrated supplier-risk view and monitoring alerts on counterparties, check out https://nullexposure.com/.

Risk checklist for diligencing ZOOZ’s supplier exposures

  • Confirm contract terms with Crypto.com (counterparty credit terms, settlement mechanics, custody arrangements).
  • Validate the placement timeline and covenants tied to Chardan’s mandate; a sole placement agent increases execution concentration risk.
  • Review audit scope and confirmation procedures PwC Israel will apply to Bitcoin holdings disclosure and valuation.
  • Evaluate cross-border legal opinions from Cooley and Shibolet & Co. for completeness on regulatory clearance, tax implications, and securities-law consents.

Investment implications — concise, actionable conclusions

  • Positive: ZOOZ engaged reputable advisers and a major crypto exchange, which reduces execution and governance uncertainty relative to using lesser-known counterparties. That institutional supplier set supports cleaner disclosure and the potential for orderly treasury execution.
  • Negative: Concentration risk is material — Crypto.com and Chardan are single points of execution for the treasury and capital raise, respectively. Disruption, regulatory action against the crypto counterparty, or failure to place the PIPE at acceptable economics would materially affect the strategy.
  • Operational sensitivity: The program’s success depends on timely coordination across these suppliers; investors should monitor announcements and confirmations from each counterparty rather than relying solely on ZOOZ’s press releases.

For deeper supplier-level analytics and ongoing tracking of relationships as they evolve, visit https://nullexposure.com/.

Closing recommendation

ZOOZ’s supplier roster is fit for a public company embarking on a high-profile Bitcoin treasury strategy, but investors must price concentration and counterparty execution risk explicitly. Watch for filings and third-party confirmations from Crypto.com, Chardan, Cooley, PwC Israel, and Shibolet & Co. as your primary indicators of execution progress and control integrity. For ongoing monitoring and a vendor-risk lens on ZOOZ and similar issuers, go to https://nullexposure.com/.