Amaze Holdings Snaps Up BullionFX Assets for $155 Million

Amaze Holdings, Inc., a creator-economy platform, has signed a binding letter of intent to acquire BullionFX's assets in an all-stock deal worth approximately $155 million.

The acquisition includes BullionFX's Alchemy platform, which provides blockchain technology, financial infrastructure, and intellectual property built around auditable physical gold.

Alchemy allows for gold-linked payments, lending, borrowing, yield products, cross-chain interoperability, and an Ethereum-based Layer 2 network. Its $GOLD token is backed one-to-one by vaulted physical gold held by independent custodians.

Amaze Holdings' market cap as of Monday (28 September close) was a little over $5 million.