Amaze Holdings signs LOI to acquire BullionFX assets in stock deal valued at $155 million
AMZE•Amaze Holdings signed a binding letter of intent to acquire BullionFX assets, including its Alchemy platform, in a stock deal valued at about $155 million. Closing is subject to due diligence, regulatory review, board approvals and customary conditions.
1. Proposed acquisition
The deal would expand Amaze beyond creator commerce into gold-backed digital-asset infrastructure anchored by an Ethereum-based Layer 2 network. Alchemy centers on a $GOLD token designed to be backed 1:1 by vaulted physical gold, with third-party audit mechanisms.
2. Platform uses and conditions
The platform targets retail and institutional stablecoin uses including payments, lending, yield products, cross-chain interoperability and DeFi applications. Closing remains subject to due diligence, regulatory review, board approvals and customary conditions, and the deal implies significant share issuance to BullionFX.
