Amaze Holdings Signs Binding LOI to Acquire BullionFX's Gold-Backed Digital-Asset Infrastructure
Amaze Holdings (NYSE American: AMZE) has entered into a binding Letter of Intent to acquire BullionFX's assets, including its core platform Alchemy, for approximately $155 million in stock. The acquisition would bring a gold-backed decentralized financial ecosystem to Amaze, expanding beyond creator commerce and into digital-asset infrastructure.
The Alchemy platform is built around auditable physical gold, with the $GOLD token designed to be backed one-to-one by vaulted, independently custodied and audited physical gold. The platform provides compliance-focused infrastructure for payments, yield, lending and borrowing, as well as cross-chain interoperability and open-ecosystem DeFi applications.
Amaze plans to prioritize activation of the self-custody retail wallet and yield engines after closing, with an initial institutional application being a listed Stable Asset Treasury (SAT) vehicle for gold and USD, subject to regulatory approvals.