Amaze Holdings to Acquire Gold-Backed Blockchain Ecosystem for $155M

Amaze Holdings (NYSE American: AMZE) announced that it has entered into a binding Letter of Intent to acquire BullionFX's assets, including its core platform Alchemy. The proposed acquisition is valued at approximately $155 million in stock.

The BullionFX Assets comprise the technology, infrastructure, and intellectual property behind a blockchain financial ecosystem built around auditable physical gold. This would mark a strategic expansion for Amaze beyond creator commerce and into gold-backed digital-asset infrastructure.

Alchemy is a full-stack, gold-backed financial ecosystem that supports lending and borrowing protocols, yield products, cross-chain interoperability, and an Ethereum-based Layer 2 network. The platform's architecture also allows for the creation of gold-linked payments, yield, and DeFi applications.