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Addentax Group Corp. Advances Sovereign-Aligned Stablecoin Initiative in Southeast Asia with Strategic Bitcoin Investor, Within Plan to Pursue up to 12,000 Bitcoins Acquistion
SHENZHEN, China, Feb. 12, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) (the "Company", "ATXG", "we", "us" or "our") today announced that it is
About this update from Addentax Group Corp.
[{"type":"text","content":"SHENZHEN, China, Feb. 12, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) (the \"Company\", \"ATXG\", \"we\", \"us\" or \"our\") today announced that it is engaged in advanced discussions with a strategic Bitcoin investor (the \"Investor\"), a significant global holder of Bitcoin, to explore a potential collaboration for the development of a sovereign-aligned, regulatory-compliant stablecoin initiative in Southeast Asia. These discussions are part of a broader strategic framework supported by the Company's previously disclosed plan to pursue a strategic investment of up to 12,000 Bitcoins, as announced in July 2025.\nThe Company believes that, if successfully executed, the proposed initiative could contribute to the development of regulated digital finance infrastructure across the Association of Southeast Asian Nations (ASEAN). As currently envisioned, the potential stablecoin issuance framework would be designed to support cross-border payments, selected decentralized finance (DeFi) applications, and institutional-grade blockchain use cases, subject to applicable regulatory frameworks.As part of the ongoing discussions, Addentax and the Investor are engaging with relevant governmental and regulatory stakeholders, including central banks and financial regulators in two Southeast Asian jurisdictions, to explore a regulatory framework that may support the issuance of a sovereign-aligned stablecoin. No definitive agreements have been executed, and there can be no assurance that these discussions will result in any transaction or regulatory authorization.The proposed digital asset, if developed, is expected to be structured as a fully reserve-backed and independently audited stablecoin, referencing a diversified basket of fiat currencies and other assets. The contemplated technology architecture would integrate Addentax's AI-enabled compliance, transaction monitoring, and risk management capabilities with the Investor's digital asset infrastructure and liquidity networks, subject to further design, regulatory review, and implementation.\"This initiative, if completed, could represent an important step in our long-term strategy to participate in regulated digital financial services,\" said the Chief Executive Officer of Addentax. \"We believe that constructive engagement with regulators, combined with disciplined technologi...