LOS ANGELES, March 24, 2026 /PRNewswire/ -- AIxCrypto Holdings, Inc. (NASDAQ: AIXC, or the "Company"), today reported financial results for the fiscal year ended December 31, 2025 -- its inaugural annual earnings release following its transformation from a clinical-stage biopharmaceutical company into an AI and blockchain-enabled digital infrastructure company spanning Real World Asset (RWA) tokenization, AI agents and Embodied AI $(EAI)$ blockchain ecosystems, connecting Web2 and Web3.
Fiscal year 2025 was principally a period of strategic repositioning, capital formation, and platform development. The Company closed a $41.0 million private placement, rebranded from Qualigen Therapeutics, Inc. to AIxCrypto Holdings, Inc. in November 2025, assembled an entirely new executive leadership team, and began building infrastructure for its Real World Asset tokenization, AI agents and Embodied AI blockchain ecosystem businesses, enabling intelligent devices such as robots, smart vehicles, and drones to autonomously collaborate and execute tasks through Agents, and driving the silicon-based economy from concept to reality.
Management's complete discussion of results and risks is contained in the Annual Report on Form 10-K to be filed shortly with the Securities and Exchange Commission.
FISCAL YEAR 2025 HIGHLIGHTS
Strategic Repositioning and Capital Formation
-- Completed $41.0 million PIPE financing: In September 2025, the Company
consummated a subscription agreement with investors including Faraday
Future Intelligent Electric Inc. $(FFAI)$ as lead investor,
strengthened the Company's balance sheet.
-- Rebrand and Nasdaq debut: On November 20, 2025, the Company was
officially renamed from Qualigen Therapeutics, Inc. to AIxCrypto Holdings,
Inc. and began trading on the Nasdaq Capital Market under the ticker
symbol AIXC.
-- New executive leadership team: Concurrent with the PIPE closing, a new
management team was appointed, including Co-Chief Executive Officer Jerry
Wang and Chief Financial Officer Koti Meka, combining Web2 and Web3
expertise.
Platform and Ecosystem
-- Development of the AI Agent & EAI blockchain ecosystem: the Company
completed the initial strategic planning of the AI Agent and EAI
ecosystem together with the AIXC Foundation, and completed the planning
and initial setup of the AI Agent & EAI ecosystem, including:Application
layer -- completed the early-stage build of AIxC Hub and general AI
Agent ecosystem applications;Protocol-device layer -- built the
foundational platform for on-chaining robotic EAI devices;Infrastructure
layer -- completed planning of the technical direction.
-- Advancement of Real World Asset (RWA) business: RWA is the first business
line the Company is bringing to market in 2026, with two tracks advancing
in parallel:
-- Equity tokenization -- deployed $10 million in February 2026 into FFAI
stock, which the AIXC ecosystem intends to explore as an underlying asset
for future on-chain equity tokenization frameworks. This transaction has
been reviewed and approved by the Audit Committee as a related-party
transaction;
-- Real estate loan tokenization -- established a strategic partnership with
Pinnacle Real Estate Group, aiming to build the first end-to-end online
real estate loan ecosystem, improving the liquidity and execution
efficiency of loan assets, and sharing returns. Strategic partnerships
and ecosystem expansion: BitMart: launched a co-branded prepaid card,
enabling real-world daily consumption use cases for crypto assets.
BitMart is a top 20 global cryptocurrency exchange with over 12 million
registered users. We partnered with BitMart to launch a co-branded
virtual prepaid card, allowing users to use digital assets for everyday
shopping and online payments. This is our first product extending Web3
capabilities into real-world consumption scenarios.Sei Foundation:
partnered with a high-performance Layer 1 to support EAI, DePIN, and
real-time on-chain application development. Sei is currently the fastest
EVM Layer-1 blockchain, with sub-second finality. We have established a
strategic technology partnership with the Sei Development Foundation,
with Sei providing high-performance blockchain infrastructure support for
the AIXC mobility and EAI robotics ecosystem.
-- AIxC Hub launched: The Company's primary user gateway launched formally
in January 2026, surpassing 5,835,615 registered wallets and 1,392,427
daily active participants (as of March 16, 2026). The platform functions
as a behavioral data engine, capturing real-time human decision-making
patterns to train the Company's Embodied AI models.
-- Governance and compliance: The Company established governance, compliance,
and financial reporting systems consistent with Nasdaq standards during
the fourth quarter of 2025, including independent board oversight and
Audit Committee protocols for related-party transactions.
FINANCIAL SUMMARY -- FISCAL YEAR ENDED DECEMBER 31, 2025
Results of Operations
As of December 31, 2025, the company reported approximately $31 million in total assets, including approximately $19 million in cash and cash equivalents, and total liabilities of approximately $3 million, resulting in stockholders' equity of approximately $28 million. The Company believes its existing cash and cash equivalents provide adequate liquidity to support its current operating plans and ongoing investments in digital asset and AI-enabled infrastructure initiatives.
During 2025, the Company undertook a strategic transformation of its business and strengthened its capital position through financing activities that generated aggregate gross proceeds of approximately $42 million, which supported its transition toward digital asset platform development and related technology initiatives. In addition, the Company commenced development of a digital asset treasury, which as of year-end consisted of holdings across several major cryptocurrencies with an aggregate fair value of approximately $10 million, as disclosed in the Company's Annual Report on Form 10-K.
Net cash used in operating activities was $6,951,458 for 2025, compared to $6,327,503 in 2024. The operating burn reflects the transformation-period G&A costs, partially offset by improvements in working capital.
2026 OUTLOOK
Business Positioning
AIxCrypto is focusing on the integration and deployment of AI Agents and Embodied AI (EAI) devices, building a three-layer ecosystem covering infrastructure, protocol-device, and applications, connecting Web2 and Web3, enabling intelligent devices such as robots, smart vehicles, and drones to autonomously collaborate and transact through Agents, and driving the silicon-based economy from concept to reality.
Startegic Direction
Looking ahead, the Company's strategic direction can be summarized in four points: First, pursuing cross-domain, non-consensus opportunities by focusing on the key intersection of AI, blockchain, and real-world industries. Second, advancing a clear strategic blueprint by establishing AIXC's integrated infrastructure as the core growth path. Third, maintaining execution focus by driving user scale, deepening application scenarios, and strengthening the critical connection between the physical and digital economies. Fourth, building a bridge between Web2 and Web3 by connecting AI agents and embodied AI (EAI).
Execution Priorities
For 2026, management has established four key execution priorities. First, the Company intends to continue the development of the AI Agent & EAI blockchain ecosystem. The three-layer architecture of the AI Agent and EAI ecosystem is the underlying framework supporting the operation of the silicon-based economy. The first step is to build an ecosystem centered on the Agent economy. For it to truly run, underlying infrastructure is required. AIXC provides the foundation for collaboration and value exchange between machines and between Agents through our three-layer protocol ecosystem. Second, the Company plans to advance the development of its open platform for EAI ecosystem applications. Through unified APIs, SDKs, and protocols, it connects the full chain of "device data/computing power/skills -- on-chain finality," lowers the barriers to development and integration, attracts the first batch of developers and partners to co-build the ecosystem, and establishes an open platform system with coordinated growth among users, developers, and the resource supply side. Third, the Company expects to expand its RWA product offerings, including scaling its partnership with Pinnacle Real Estate Group, advancing equity tokenization initiatives, and exploring additional asset categories. Fourth, the Company aims to continue growing its ecosystem and platform adoption, with a goal of reaching approximately 100,000 monthly active users (MAU) across the AIxC ecosystem by year-end (not including AIxC Hub).
Financial Outlook
The Company's path to profitability is based on a structured progression of revenue growth, cost normalization, and operating leverage. Revenue growth in 2026 is expected to be driven by EAI and AI Agent--enabled blockchain and real-world asset (RWA) activities. The Company's EAI--RWA three-layer architecture is intended to standardize onboarding, verification, and settlement processes, which is designed to support increased transaction volumes while reducing marginal costs per transaction, thereby enhancing operating leverage.
(MORE TO FOLLOW) Dow Jones Newswires
March 24, 2026 22:01 ET (02:01 GMT)
Comments