AlloyX Group
AlloyX Group operates a regulated dual-token digital asset platform providing stablecoin issuance, AI-powered asset tokenization, cross-border payments, and SFC-licensed securities services to global financial institutions, banks, and corporate clients across 90+ countries.
- Company typePublic
- Founded2016
- HeadquartersCentral, Hong Kong SAR China
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What AlloyX Group does
AlloyX Group (AXG) is a regulated digital asset and tokenization infrastructure company operating under Nasdaq-listed parent Solowin Holdings. The company operates a Dual-Token Engine strategy spanning Digital Asset Tokens and AI Tokens, with product subsidiaries covering compliant stablecoin issuance (AX Coin, licensed by the Central Bank of Bahrain), AI-powered real-world asset tokenization (FERION), tokenized money market and gold products (RYT, AUROX), global payment infrastructure (AX ONE, AGENPAY), AI compute orchestration and compliance (KOVAR with KOVARouter and KYAgent), AI wealth management (SCION), and SFC-licensed securities dealing and asset management (Solomon JFZ, Hong Kong Types 1, 4, 6, 9 with virtual asset approval).
The underlying technology stack combines proprietary blockchain infrastructure with integrations across Fireblocks (custody), Chainlink (price feeds), Canton Network (privacy-enabled institutional blockchain), and MiniMax (LLM integration via KOVAR). The company is SOC 2 Type 1 certified and operates from a Hong Kong headquarters with a regional hub in Bahrain, claiming presence across 90+ countries, 1M+ active users, and $5M+ in tokenization volume processed.
Revenue is generated across four streams: transaction fees on stablecoin payments and tokenization services (AX Coin, FERION), recurring subscription/management fees from securities dealing and asset management (Solomon JFZ), usage-based fees on AI compute routing (KOVAR), and licensing/issuance fees tied to compliant stablecoin and RWA products. Go-to-market is enterprise field sales targeting global institutions and financial services firms, complemented by channel partnerships with Tier-1 banks (Standard Chartered, Singapore Gulf Bank), fintech infrastructure providers (INFINIOS, FOMO Pay), and regulatory hubs (Bahrain FinTech Bay, BENEFIT Company). Pricing is quote-based and not publicly disclosed, consistent with institutional B2B contracting. In February 2026 the company raised USD 100 million in equity financing to scale stablecoin and tokenization businesses, AI/blockchain R&D, and global market expansion.
AlloyX Group firmographics
Firmographics- Name
- AlloyX Group
- Legal name
- AlloyX Limited
- Website
- https://alloyx.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AlloyX Group operates a regulated dual-token digital asset platform providing stablecoin issuance, AI-powered asset tokenization, cross-border payments, and SFC-licensed securities services to global financial institutions, banks, and corporate clients across 90+ countries.
- Ownership category
- akta.pro rank
AlloyX Group industry classification
Industry- Product category
- Digital Asset Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (5232), Commodity Contracts Intermediation (52316)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Stablecoin Issuers (Fiat-Backed) (FSADADAA), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE)
Keywords
Where AlloyX Group is headquartered
LocationHeadquarters
- HQ city
- Central
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices2 records
Markets served
AlloyX Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Stablecoin Issuance and Payments: Revenue from issuing regulated stablecoins (AX Coin) including transaction fees on cross-border payments, treasury management fees, and settlement services. Operates 24/7 payment rails supporting digital and fiat currencies across multiple blockchains.
- Asset Tokenization Services: Fee-based tokenization of real-world assets including funds, bonds, equities, and commodities through the FERION platform. Includes RYT tokenized money market fund and AUROX tokenized gold products.
- Securities Trading and Asset Management: Traditional brokerage and asset management services through Solomon JFZ with SFC licensing. Includes securities dealing, investment advisory, corporate finance, and virtual asset services with management and performance fees.
- AI-Powered Services: KOVAR AI token services including KOVARouter compute token orchestration, Know-Your-Agent verification, and AI model access fees through the token router platform.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
AlloyX Group product offering
Product offeringCore offering
AlloyX Group provides integrated regulated digital asset, stablecoin payment, and real-world asset tokenization infrastructure for global institutions. Its offerings include the AX COIN stablecoin (licensed by the Central Bank of Bahrain), the FERION tokenization platform for funds, bonds, equities, and gold, KOVAR AI infrastructure with KYAgent compliance and token routing, AX ONE cross-border payment rails, and SFC-licensed securities and asset management services via Solomon. The company combines blockchain and AI technologies to deliver compliant, 24/7 on-chain financial services across 90+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- AX COIN: Compliant stablecoin issuance and operating entity, licensed by Central Bank of Bahrain
- AX ONE
- FERION
- SOLOMON
- SCION
- KOVAR
- AGENPAY
- AUROX
- RYT
Products and services
- AX COIN Regulated stablecoin issuance platform licensed by the Central Bank of Bahrain, supporting USD and Bahraini Dinar stablecoins for cross-border payments and treasury management.
- FERION AI-powered institutional-grade asset tokenization platform providing end-to-end real-world asset (RWA) tokenization solutions for funds, bonds, equities, gold, and computing infrastructure.
- KOVAR AI infrastructure platform offering Know-Your-Agent (KYAgent) compliance engine, KOVARouter token routing with unified API access to leading AI models, and decentralized identity (DID) for on-chain auditability.
- AX ONE Global payment infrastructure platform enhancing the efficiency of cross-border treasury flows and capital utilization, supporting 24/7 multi-currency and multi-blockchain payment rails.
- SOLOMON SFC-licensed platform (Types 1, 4, 6, 9) supporting compliant digital asset token issuance and circulation, with securities dealing, investment advisory, corporate finance, and virtual asset management capabilities.
- SCION AI-powered wealth management platform delivering intelligent asset allocation services.
- AGENPAY AI-powered payments initiative focused on intelligent payment systems with core API retrieval capabilities and payment routing infrastructure, jointly incubated with SC Ventures.
- AUROX Tokenized gold infrastructure developed by Axion Foundation and supported by AlloyX Group, integrating Chainlink XAU Price Feeds for institutional-grade pricing and Canton Network for privacy-enabled interoperability.
- RYT Tokenized money market fund built on the FERION platform, launched in partnership with Libeara, providing institutional investors with compliant on-chain yield exposure.
Quantifiable outcome
- Stablecoin licensing milestone: First issuer licensed under Central Bank of Bahrain regulatory framework
- +2 more outcomes
Companies that use AlloyX Group
Customer profileSegments3 records
Ideal customer profiles3 records
AlloyX Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability10 records
Feature7 records
AlloyX Group partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major and minor.
- FireblockscoreAX Coin leverages Fireblocks' digital asset infrastructure platform, trusted by 2,400+ financial institutions, to power next-generation institutional-grade stablecoins. Fireblocks secures over $14 trillion in digital asset transfers.
- Standard CharteredcoreFirst-ever institutional cryptocurrency custody transaction in Hong Kong powered by a Global Systemically Important Bank (G-SIB). Standard Chartered provides secure institutional-grade safekeeping of crypto assets aligned with Hong Kong's regulatory standards.
- The BENEFIT CompanymajorMOU with Bahrain's national electronic financial transactions hub to explore how stablecoin technology could complement Bahrain's national payments ecosystem. Framework for assessment and dialogue on digital asset-based solutions.
- INFINIOSmajorCollaboration on developing regulated wallet infrastructure and digital payment solutions. AX Coin plugs into INFINIOS' payments infrastructure enabling custodial and non-custodial wallet solutions, multi-currency virtual accounts, and fiat on/off ramps.
- Singapore Gulf BankmajorMOU to collaborate on stablecoin infrastructure, cross-border payments, and digital asset initiatives. Integration of AX Coin's stablecoin infrastructure with SGB's banking and payment networks including treasury management frameworks.
- SC VenturescoreJoint incubation of AGENPAY, an AI-powered payments initiative. Partnership focuses on developing core API retrieval capabilities and payment routing infrastructure, combining AXG's AI/blockchain expertise with SC Ventures' global network.
- SolaraXminorMOU for payment collaboration, on-chain asset services, and broader strategic cooperation signed at Global Web 4.0 Summit. Partnership drives innovation in digital financial infrastructure and cross-border financial services.
- CoinFoundminorStrategic partnership for on-chain data integration, industry research, joint brand initiatives, and ecosystem development to advance RWA data transparency and liquidity across the Web3 ecosystem.
- Bahrain FinTech BaycoreStrategic partnership to develop and test regulated stablecoin use cases including cross-border payments and tokenized financial services, while pursuing approval from Bahrain's Central Bank. Partnership reflects AlloyX's strategy to anchor expansion in regulated markets.
- Reitar Logtech HoldingsmajorPartnership for logistics asset tokenization (RWA) and stablecoin applications leveraging AlloyX Group's technology platform for cross-border payments and asset tokenization. Supports Reitar's global expansion from Hong Kong into Southeast Asian and Middle Eastern markets.
Scale indicators6 records
Recent moves9 records
Expansion highlights7 records
AlloyX Group competitors and assessment
Company assessmentDirect peers
- Ondo Finance: Ondo Finance is a leading RWA tokenization protocol offering tokenized US Treasuries and money market products (e.g., OUSG, USDY). It is a direct competitor to FERION and to AXG's RYT tokenized money market fund product.
- Ripple: Ripple offers enterprise cross-border payments infrastructure and RLUSD, a regulated USD stablecoin. It is a direct competitor in regulated institutional cross-border payments (AX ONE) and stablecoin issuance (AX Coin).
- Paxos Trust Company: Paxos issues regulated USD (USDP, PYUSD) and gold-backed stablecoins and provides tokenization infrastructure under NYDFS oversight. It is a direct peer to AX Coin (regulated stablecoin issuance) and to FERION (institutional tokenization).
- Tether: Tether is the issuer of USDT, the largest USD stablecoin by circulation, used for cross-border payments and trading. It competes directly with AX Coin in dollar stablecoin issuance and cross-border payment rails.
- Securitize: Securitize is a regulated platform for issuing, managing, and trading tokenized securities and funds, including funds, bonds, and equities. It is a direct competitor to FERION's RWA tokenization services for institutional issuers.
- Circle Internet Financial: Circle is the issuer of USDC, the largest regulated USD stablecoin, and offers treasury, payments, and on-chain financial infrastructure for institutions. It is a direct competitor to AX Coin in regulated stablecoin issuance and to AX ONE in cross-border payment rails.
Regional players
- OSL Group: OSL is a Hong Kong-headquartered, SFC-licensed digital asset platform offering brokerage, custody, tokenization, and SaaS. It is a regional peer to AlloyX in Hong Kong-regulated digital asset services and competes with Solomon JFZ and AX Coin.
- StraitsX (XNT): StraitsX is a Singapore-based MAS-regulated payment institution issuing SGD and USD stablecoins (XNT, USDS) for regional cross-border payments. It is a regional peer to AX Coin in Asia regulated stablecoin issuance, particularly for institutional payments.
Emerging players
- Anchorage Digital: Anchorage Digital is a US OCC-chartered crypto bank providing custody, stablecoin issuance, and on-chain services to institutions. It is a direct comparable for AXG's regulated digital asset banking and stablecoin infrastructure strategy, though operating under a different US-based charter.
- Hashnote: Hashnote issues USYC, a tokenized short-duration US Treasury yield product, focused on institutional DeFi and on-chain treasury management. It is an emerging peer to AXG's RYT money market tokenization offering via FERION.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
AlloyX Group social profiles
Digital presenceAlloyX Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
AlloyX Group leadership team
Management profileNumber of profiles
Profiles13 records
AlloyX Group subsidiaries and ownership
Company hierarchySubsidiaries12 records
AlloyX Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AlloyX Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AlloyX Group
What does AlloyX Group do?
AlloyX Group provides integrated regulated digital asset, stablecoin payment, and real-world asset tokenization infrastructure for global institutions. Its offerings include the AX COIN stablecoin (licensed by the Central Bank of Bahrain), the FERION tokenization platform for funds, bonds, equities, and gold, KOVAR AI infrastructure with KYAgent compliance and token routing, AX ONE cross-border payment rails, and SFC-licensed securities and asset management services via Solomon. The company combines blockchain and AI technologies to deliver compliant, 24/7 on-chain financial services across 90+ countries.
Is AlloyX Group a public or private company?
AlloyX Group is a public company. It is classified as corporate owned and is currently operating.
When was AlloyX Group founded?
AlloyX Group was founded in 2016. It employs 101 to 250 people.
Where is AlloyX Group based?
AlloyX Group is headquartered in Central, Hong Kong SAR China, in the Asia region.
How does AlloyX Group make money?
Four revenue lines are on record. Stablecoin Issuance and Payments are the primary driver. The others are asset Tokenization Services, securities Trading and Asset Management and AI-Powered Services.
Who are AlloyX Group's main competitors?
Direct peers on record are Ondo Finance, Ripple, Paxos Trust Company, Tether, Securitize and Circle Internet Financial. Regional players are OSL Group and StraitsX (XNT). Emerging players are Anchorage Digital and Hashnote.
Does AlloyX Group have an API?
No public API is recorded for AlloyX Group.
What industry is AlloyX Group in?
AlloyX Group's product category is Digital Asset Infrastructure. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSADADAA, Stablecoin Issuers (Fiat-Backed). Its NAICS code is 522320 and its SIC code is 6200.