ATIF Holdings (AUC) completed an approximately US$20 million all-share acquisition of GoldCoin Labs on September 9, 2026.
Through this deal, Metra’s gold digital-finance business enters a Nasdaq-listed platform via GoldCoin Labs, now a wholly owned ATIF subsidiary. GoldCoin Labs is developing Metra Gold (GOLDM), a tokenized digital representation of physical gold, where each token is intended to represent one gram of LBMA Good Delivery fine gold and be backed 1:1 by physical reserves held with third-party custodians. The contemplated model covers token issuance and redemption, custody, reserve verification, and blockchain-based transfer and settlement.
ATIF’s board expects the acquisition to expand its exploration of digital assets, provide exposure to tokenized real‑world assets, diversify the business, and open potential new revenue sources focused on gold supply‑chain finance and cross‑border trade.
ATIF Holdings (AUC) completed the acquisition of 100% of GoldCoin Labs Limited on September 9, 2026, paying share consideration valued at about $20 million.
ATIF issued 2,815,005 Ordinary Shares to the sole GoldCoin shareholder, based on a five-trading-day volume-weighted average price mechanism, bringing total shares outstanding to 22,128,378 immediately after closing. GoldCoin, incorporated in December 2025 in the British Virgin Islands, is developing issuance and infrastructure for Metra Gold (GOLDM), a tokenized digital representation of physical gold backed on a 1:1 basis by fine gold meeting London Bullion Market Association Good Delivery standards.
The board obtained an independent fairness opinion from Pinetree Advisory and Valuation Limited concluding the deal is fair from a financial point of view and unanimously approved the transaction. ATIF’s board expects the acquisition to diversify its digital-asset activities, expand potential revenue sources, and provide a scalable platform in the tokenized real-world asset sector.