Amaze Holdings to Acquire BullionFX for $155 Million to Expand Gold-Backed DeFi
Key Facts
Amaze Holdings executed a binding letter of intent to acquire BullionFX, a decentralized gold-backed financial ecosystem, in a deal valued at approximately US$155 million. GlobeNewswire reported that the acquisition includes BullionFX’s core assets and its Alchemy platform, with the transaction structured as a stock-based deal. BullionFX specializes in stablecoin infrastructure and gold-backed financial products anchored to an Ethereum Layer 2 network.
AMZE closed at $0.1267 on September 28, 2026, prior to the announcement of this strategic integration of compliance-focused payments and gold-collateralized lending into the Amaze platform. The acquisition aligns with broader industry trends, as GlobeNewswire noted that adjusted stablecoin transaction volume reached $1.79 trillion in June 2026.