Amaze Holdings to Acquire Gold-Backed Decentralized Finance Ecosystem Alchemy

Amaze Holdings (NYSE American: AMZE) has announced that it will acquire BullionFX's assets, including its core platform Alchemy, for approximately $155 million in stock. This proposed acquisition marks a significant expansion for Amaze into gold-backed digital-asset infrastructure.

The Alchemy platform is a decentralized financial ecosystem built around auditable physical gold, and its technology includes proprietary yield engines designed to power institutional products targeting competitive returns by bridging traditional and decentralized markets.

Amaze's Interim Chief Executive Officer, Joel Krutz, stated that 'Crypto's renewed momentum and gold's enduring role as a store of value have opened a rare window for infrastructure built on both.' He added that bringing Alchemy into the public markets can create meaningful long-term value for Amaze stockholders.

The acquisition is expected to bring significant benefits to Amaze, including access to new markets and customers, as well as the ability to leverage Alchemy's technology and expertise. The transaction is subject to due diligence, regulatory review, and other customary closing conditions.