Amaze Holdings Agreed to Acquire BullionFX Assets
The firm signed a binding letter of intent to purchase the gold-backed ecosystem for $155 million in stock.
Updated on Sept. 29, 2026 in Investing
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Amaze Holdings has announced a binding letter of intent to acquire BullionFX and its Alchemy decentralized gold-backed financial ecosystem. The deal is valued at $155 million in stock as the firm expands its digital-asset infrastructure.
Why it matters
The acquisition is part of an effort by Amaze Holdings to build out its capabilities in gold-backed digital assets. The move comes as stablecoin markets continue to show significant growth in transaction volume.
Adjusted stablecoin transaction volume reached $1.79 trillion in June 2026, representing a 125% year-on-year increase. The acquisition of BullionFX is valued at $155 million in stock.
The players
Amaze Holdings
A financial firm seeking to expand its reach into gold-backed digital asset infrastructure.
BullionFX
An entity that owns the Alchemy decentralized gold-backed financial ecosystem.
The details
Amaze Holdings plans to use the acquisition to support the activation of a self-custody retail wallet and the creation of a listed Stable Asset Treasury vehicle. The transaction currently requires the successful negotiation and execution of definitive agreements.
Timeline
June 2026 saw stablecoin transaction volume reach $1.79 trillion.
Amaze announced the binding letter of intent on September 29, 2026.
Market Dynamics
This acquisition aligns with the broader institutional push into digital assets fueled by the rapid surge in stablecoin utility. It follows the pattern set by the 125% year-on-year growth in stablecoin volume observed through mid-2026.
Investors may see changes in how Amaze Holdings offers digital asset services through upcoming retail wallet and treasury products. The deal remains subject to closing conditions that could influence long-term shareholder value.
The takeaway
The move signals a strategic shift toward gold-backed digital infrastructure to capture rising demand in the stablecoin space. Investors should monitor future regulatory approvals and the rollout of the planned retail wallet.
Further reading
For more on how corporate acquisitions are shaping the financial sector, visit the Investing section.
Live Poll
Do you trust gold-backed digital assets more than traditional stablecoins for your personal financial holdings?
