other material
confidence medium
sentiment neutral
materiality 0.40
Addentax in discussions with Kings United for Web3.0 payment and RWA integration
ADDENTAX GROUP CORP.
- Potential cooperation includes HK-licensed trust vehicle and transfer of up to 100M KINGS tokens at ~$10M valuation.
- Consideration may include issuance of common shares to the trust entity.
- KINGS United holds FinCEN MSB registration and develops multi-chain prepaid card systems.
- Management sees tokenized settlement and RWA infrastructure enhancing supply-chain transparency and digital monetization.