Hong Kong, September 3, 2025 — AlloyX Group, a fintech company focused on cross-border payments and institutional-grade asset tokenization, today announced the formal signing of a merger agreement with Nasdaq-listed Huaying Holdings (NASDAQ: SWIN). This merger will leverage the strengths of both parties in traditional finance and the Web3 ecosystem to jointly create a new financial ecosystem centered around stablecoins, promoting the deep integration of traditional finance and digital assets.

Prior to this merger, AlloyX has received recognition from several internationally renowned investment institutions. Top firms including Fenbushi Capital, Longling Capital, Kiln, Arbitrum Foundation, and Offchain Labs participated in AlloyX's latest round of financing, highlighting the industry's high regard for AlloyX's development prospects.

Peter Lok, Chairman of the Board of Huaying Holdings, stated: "Currently, the global market size based on the stablecoin ecosystem has reached hundreds of billions of dollars. We will do our utmost to jointly create a globally leading compliant stablecoin new financial super platform. It is worth mentioning that all shareholders voluntarily commit to a 12-month lock-up period, which fully reflects the AlloyX team's firm confidence and commitment to a shared long-term vision."

Dr. Zhu Haokang, Co-founder and CEO of AlloyX Group, stated: "AlloyX focuses on the innovation and practice of stablecoin payment infrastructure and RWA asset tokenization. We believe that the integration of compliance and technology will create a new landscape for digital finance. This merger will bring safer, more efficient, and more convenient financial services to global users."

About AlloyX

AlloyX Limited is a technology company focused on global stablecoin payments and asset tokenization, dedicated to deeply integrating traditional banking services with blockchain services. The company has received support from several well-known investment institutions, aiming to become the world's leading and Asia's largest stablecoin service provider. For more details, please visit: https://www.alloyx.com/.

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