Addentax Group Corp. Advances Sovereign-Aligned Stablecoin Initiative in Southeast Asia with Strategic Bitcoin Investor, Within Plan to Pursue up to 12,000 Bitcoins Acquistion
Rhea-AI Summary
Addentax Group (Nasdaq: ATXG) is in advanced talks with a strategic Bitcoin investor to explore a sovereign-aligned, regulatory-compliant stablecoin initiative for Southeast Asia, tied to the company’s previously disclosed plan to pursue up to 12,000 Bitcoins.
The proposed stablecoin would be fully reserve-backed, independently audited, reference a diversified fiat/asset basket, integrate Addentax’s AI compliance and the investor’s liquidity networks, and is subject to regulatory approvals, definitive agreements and potential phased implementation beginning in H2 2026.
Positive
- Plan to pursue up to 12,000 Bitcoins
- Engagements with central banks and regulators in two Southeast Asian jurisdictions
- Proposed fully reserve-backed, independently audited stablecoin structure
- Integration of AI-enabled compliance with investor liquidity networks
Negative
- No definitive agreements executed; no assurance transaction or authorization will occur
- Outcome contingent on regulatory approvals and commercial considerations
- Implementation only contemplated as phased, conditional beginning H2 2026
Key Figures
Market Reality Check
Peers on Argus
Pre-news, ATXG was down 7.95% while peers showed mixed moves: GVH -4.35%, SGLY -1.28%, but CTNT +13.68%, LSH +3.71%, PSIG +9.29%. This pattern points to stock-specific dynamics rather than a unified sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 11 | AI lending acquisition | Positive | -8.0% | Late-stage talks to acquire licensed AI-enabled digital lending platform in Hong Kong. |
| Feb 10 | Strategic equity MOUs | Positive | +0.8% | MOUs for potential US$200M equity investment at proposed $1.50 per share. |
| Feb 06 | Wealth platform acquisition | Positive | -5.8% | Proposed acquisition of AI-empowered, crypto-enabled asset management platform. |
| Oct 14 | Web3/RWA cooperation | Positive | -1.0% | Strategic talks on Web3.0 payment and real-world asset tokenization with KINGS UNITED. |
Recent strategic and crypto/AI announcements were generally positive in tone but often coincided with negative next-day price moves, suggesting a pattern of selling into news.
Over recent months, Addentax has pursued an aggressive shift toward AI-enabled and digital-asset financial services, including proposed acquisitions of an AI digital lending platform and an AI/crypto-enabled asset management business, plus a potential US$200 million strategic equity investment. Despite these expansionary moves, three of the last four news events saw negative 24-hour price reactions. Today’s sovereign-aligned stablecoin discussions in ASEAN extend this digital finance strategy and follow closely on these prior fintech and crypto-focused disclosures.
Market Pulse Summary
This announcement outlines advanced discussions for a sovereign-aligned, fully reserve-backed stablecoin in Southeast Asia, tied to a plan to pursue up to 12,000 Bitcoins. It extends Addentax’s AI and crypto-focused strategy seen in recent acquisition and financing disclosures. Key variables include regulatory engagement with two Southeast Asian jurisdictions, the structure of any definitive agreements, and timing toward a potential phased rollout beginning in the second half of 2026.
Key Terms
stablecoin financial
decentralized finance (DeFi) financial
blockchain technical
AI-enabled technical
custody solutions financial
AI-generated analysis. Not financial advice.
The Company believes that, if successfully executed, the proposed initiative could contribute to the development of regulated digital finance infrastructure across the Association of Southeast Asian Nations (ASEAN). As currently envisioned, the potential stablecoin issuance framework would be designed to support cross-border payments, selected decentralized finance (DeFi) applications, and institutional-grade blockchain use cases, subject to applicable regulatory frameworks.
As part of the ongoing discussions, Addentax and the Investor are engaging with relevant governmental and regulatory stakeholders, including central banks and financial regulators in two Southeast Asian jurisdictions, to explore a regulatory framework that may support the issuance of a sovereign-aligned stablecoin. No definitive agreements have been executed, and there can be no assurance that these discussions will result in any transaction or regulatory authorization.
The proposed digital asset, if developed, is expected to be structured as a fully reserve-backed and independently audited stablecoin, referencing a diversified basket of fiat currencies and other assets. The contemplated technology architecture would integrate Addentax's AI-enabled compliance, transaction monitoring, and risk management capabilities with the Investor's digital asset infrastructure and liquidity networks, subject to further design, regulatory review, and implementation.
"This initiative, if completed, could represent an important step in our long-term strategy to participate in regulated digital financial services," said the Chief Executive Officer of Addentax. "We believe that constructive engagement with regulators, combined with disciplined technological development and risk management, is essential to building sustainable digital finance platforms."
A representative of the strategic Bitcoin investor stated, "We are pleased to explore this potential collaboration with Addentax. Our discussions are focused on understanding how regulated digital asset infrastructure may evolve in
Subject to regulatory developments, commercial considerations, and the execution of definitive agreements, the parties may evaluate a phased approach to implementation beginning in the second half of 2026. Such an approach could include the potential development of regional research and innovation initiatives in
This announcement reflects the Company's current discussions and strategic considerations only. No assurance can be given that any definitive agreements will be executed or that any proposed initiatives will be completed as currently contemplated.
About Addentax Group Corp.
Addentax Group Corp. is an integrated service provider specializing in garment manufacturing and logistics services. For more information about the Company, please visit the website: https://www.addentax.com/.
Caution Concerning Forward Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the
Company Contact:
Public Relations Contact:
Addentax Group Corp.
Phone: + (86) 755 86961 405
yoongxin.chan@zgyingxi.com
Investor Relations Contact:
Sherry Zheng
WAVECREST GROUP INC.
1-718-213-7386
sherry@wavecrestipo.com
SOURCE Addentax Group Corp.