GOLDSTREAM INV and AnchorX sign a strategic cooperation framework memorandum

Zhitong
2025.07.07 08:39

GOLDSTREAM INV has signed a strategic cooperation framework memorandum with AnchorX, aiming to leverage AnchorX's distributed ledger technology and cybersecurity measures to promote the application of the 1:1 pegged offshore RMB stablecoin AxCNH. The cooperation will focus on areas such as cross-border payments, the expansion of stablecoin application scenarios, digital asset trading and management, as well as blockchain technology and fintech investment, to enhance the international recognition of the RMB and accelerate its internationalization process

According to the announcement from GOLDSTREAM INV (01328), in light of the deep relationship between the Group and Hony Capital, as well as the potential strategic synergies with AnchorX Group Limited, a company registered in the British Virgin Islands (AnchorX), the company entered into a strategic cooperation framework memorandum (strategic cooperation memorandum) with AnchorX on July 4, 2025. AnchorX issues a stablecoin AxCNH (AxCNH) that is pegged 1:1 to offshore Renminbi (RMB) using leading distributed ledger technology and enhanced cybersecurity measures. As a stablecoin, AxCNH operates independently of traditional international payment networks, reducing reliance on the US dollar and the SWIFT system, lowering transaction costs, and enabling global instant settlement around the clock. It helps offshore RMB circulate more effectively overseas, expands the application scenarios of RMB among overseas users, enhances the international recognition and acceptance of offshore RMB, and accelerates the internationalization process of RMB.

According to the strategic cooperation memorandum, the company and AnchorX (and/or their respective affiliates) will explore potential cooperation in the following areas:

(1) Cross-border payments and trade: Promote the application of AxCNH in cross-border payments and trade settlements, assisting Chinese enterprises in trade exchanges with countries along the "Belt and Road" and other regions, reducing exchange rate risks and transaction costs, and enhancing cross-border payment efficiency and capital liquidity;

(2) Expansion of stablecoin application scenarios: Explore the application of AxCNH in various financial transaction scenarios, such as securities, futures, foreign exchange, etc., providing convenient and efficient trading tools for financial institutions and investors, enhancing trading liquidity and activity;

(3) Digital asset trading and management: Develop a digital asset trading platform or services based on AxCNH, providing investors with market analysis, trading strategy formulation, and other professional services to meet investors' needs for digital assets and promote the standardized development of the digital asset market;

(4) Investment in blockchain technology and financial technology: Invest in blockchain research and development, application expansion, and financial technology innovation, tapping into the potential of emerging technologies to provide technical support and innovative momentum for business development, promoting the deep integration of finance and technology.

The Group is primarily engaged in providing investment management services, strategic direct investment services, and corporate advisory services. The company believes that the strategic cooperation memorandum is a strong testament to its business capabilities and potential. The Group believes that the proposed cooperation (strategic cooperation) with AnchorX under the strategic cooperation memorandum (if realized) will provide opportunities for a diversified investment portfolio, help the Group seize the high growth potential of the cryptocurrency market, and support the bridging of traditional finance and the emerging Web 3 world, potentially enhancing its market influence and competitiveness. The board believes that signing the strategic cooperation memorandum not only responds to the new policies of the Hong Kong government but also aligns with the overall interests of the company and its shareholders. In addition, the Group will explore potential investment opportunities in AnchorX