Addentax Group in talks with KINGS for potential Web3.0 payment infrastructure integration.

Addentax Group Corp is in discussions with KINGS UNITED HOLDING LIMITED to integrate Web3.0 payment infrastructure and Real-World Asset enablement into their supply-chain and settlement ecosystem. The parties are evaluating a structured proposal involving a Hong Kong-licensed trust vehicle and the potential transfer of up to 100,000,000 KINGS native tokens.

Addentax Group Corp. (ATXG), a leading integrated service provider specializing in garment manufacturing, logistics services, and property management, has entered into strategic discussions with KINGS UNITED HOLDING LIMITED (KINGS) to integrate Web3.0 payment infrastructure and Real-World Asset (RWA) enablement within its supply-chain and settlement ecosystem. The collaboration aims to leverage blockchain-native payment systems and tokenized settlement technologies to enhance operational scalability and transparency.

According to a PR Newswire release, the parties are evaluating a structured proposal that involves the establishment of a Hong Kong-licensed trust vehicle and the potential transfer of up to 100,000,000 KINGS native tokens, representing an indicative 1% allocation and a notional valuation of approximately USD 10 million. The proposal also includes the issuance of common shares to the trust entity.

KINGS, a BVI-incorporated holding group, wholly owns ALL IN Fintech Limited (Kings United Fintech Limited), a New York-registered entity holding FinCEN MSB Registration No. 31000289207014. The group develops multi-chain prepaid card systems, distributed credit frameworks, and global acquiring networks designed to bridge Web2.0 and Web3.0 payment environments, as noted in the PR Newswire release.

Management at Addentax Group Corp. believes that this collaboration could enhance the company's capabilities in piloting tokenized settlement and RWA-based infrastructure, improve transparency across international payment flows, and open additional digital monetization channels consistent with its governance and compliance framework. The discussions are part of the company's broader strategic positioning in digital asset infrastructure and long-term growth roadmap, according to the PR Newswire release.

The potential collaboration aligns with Addentax Group Corp.'s ongoing efforts to leverage blockchain technology for operational improvements. The company has previously announced plans to acquire Bitcoins and Official Trump tokens, demonstrating its commitment to integrating cryptocurrencies into its business strategy, as noted in Stocktitan coverage.

Addentax Group Corp. continues to evaluate strategic alternatives and will take such actions as may be appropriate to preserve shareholder value and address operational and regulatory considerations relevant to any future execution.