Amaze Holdings to Acquire BullionFX Decentralized Finance Ecosystem

Amaze Holdings (NYSE: AMZE) has executed a binding Letter of Intent to acquire BullionFX, a decentralized gold-backed financial ecosystem valued at $155 million. The acquisition would bring Amaze's technology and infrastructure into the public markets, potentially creating long-term value for its shareholders.

The proposed acquisition includes Alchemy, a comprehensive decentralized finance (DeFi) ecosystem that ties every unit of digital value to physical gold held by independent custodians. This platform supports lending and borrowing protocols, yield products, cross-chain interoperability, and an Ethereum-based Layer 2 network linking traditional and decentralized finance.

The acquisition's terms include significant issuance of Amaze common stock to BullionFX, subject to due diligence, regulatory review, and approval by each party's board of directors. Amaze plans to prioritize the activation of Alchemy's self-custody retail wallet and yield engines, as well as a listed Stable Asset Treasury (SAT) vehicle for gold and USD.