Huaying Holdings Acquires AlloyX for $350 Million, Strengthens Long-Term Strategy and Implements 12-Month Lock-Up

Foresight News reports that Nasdaq-listed company Huaying Holdings has announced the completion of its $350 million acquisition of stablecoin infrastructure company AlloyX. This strategic transaction marks the integration of AlloyX's advanced technology and experienced team into Solowin's compliant financial ecosystem, laying the foundation for the company to activate its global stablecoin strategy and accelerate entry into high-growth markets, including the UAE, ASEAN, and Africa. Two key features of the acquisition structure highlight the long-term core value of the transaction: 1. All selling shareholders of AlloyX, including its core founding team and several well-known strategic investors, are required to accept a 12-month lock-up period. 2. A performance and valuation-driven incentive mechanism tied to AlloyX's corporate valuation milestones. According to the terms of the share purchase agreement, if AlloyX reaches a valuation of $600 million within 24 months after the acquisition is completed, an additional $5 million will be paid to core members of the AlloyX management team. If the valuation reaches $1 billion within the same period, another $5 million will be paid.