When was AlloyX founded?

AlloyX was founded in 2012 and raised its 1st funding round 11 years after it was founded.

Where is AlloyX located?

AlloyX is headquartered in Hong Kong, China.

Who is the current CEO of AlloyX?

Thomas Zhu of AlloyX. They have also founded 1 company.

How many employees does AlloyX have?

As of Sep 30, 2026, the latest employee count at AlloyX is 39.

Is AlloyX a funded company?

AlloyX is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 29, 2023.

When was the latest funding round of AlloyX?

AlloyX's latest funding was a $***** Post IPO round on Feb 10, 2026, with participation from 0 investor.

Where does AlloyX rank among its competitors?

AlloyX ranks 6th amongst 165 active competitors, of which 31 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was AlloyX, which secured $100M in Feb, 2026.

Who are the top competitors of AlloyX?

AlloyX's top competitors include Paxos, BTSE and Farcaster. Among them, AlloyX secured the most recent funding round in February, 2026.

AlloyX - 2026 Company Profile, Team, Funding & Competitors

AlloyX is an acquired company based in Hong Kong (China), founded in 2012 by Thomas Zhu and Thomas Zhu. It operates as a Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services. AlloyX has raised $12M in funding from Hack VC. The company has 165 active competitors, including 31 funded and 10 that have exited. Its top competitors include companies like Paxos, BTSE and Farcaster.

Company Details

Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services. The company delivers fiat-to-stablecoin solutions, embedded wallets, and multi-chain infrastructure. It supports payments, custody, settlement, investment, and asset tokenization. The platform facilitates sending and receiving stablecoin payments, currency exchange, and integration of crypto payments. It also offers real world asset tokenization.

Website: www.alloyx.com/
Social
Email ID: *****@alloyx.com

Key Metrics

Founded Year

2012

Location

Hong Kong, China

Stage

Acquired

Total Funding

$12M in 3 rounds

Latest Funding Round

Post IPO, Feb 10, 2026, $*****

Investors

Hack VC & 19 more

Ranked

6^th among 165 active competitors

Employee Count

39 as on Sep 30, 2026

Investment & Acquisitions

Libeara & 1 more

Similar Companies

Paxos & 177 more

Exit Details

Acquired by MUP Investment Management (HK) Limited (Sep 04, 2025)

View AlloyX's full profile

AlloyX got acquired by MUP Investment Management (HK) Limited on Sep 04, 2025 at an acquisition amount of $*****.

Click here to take a look at AlloyX's acquisition in detail

AlloyX has raised a total funding of $12M over 3 rounds. Its first funding round was on Jun 29, 2023. AlloyX has 20 institutional investors.

Here is the list of recent funding rounds of AlloyX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 10, 2026	5510227	Post IPO	4718773	5656366	6507974	7803104
Dec 30, 2024	2749185	Seed	1725783	1058607	5740354	Offchain Labs & 7 more
Jun 29, 2023	3916532	Seed	6968147	6087487	Hack VC	Circle & 8 more

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View details of AlloyX's funding rounds and investors

The founders of AlloyX are Thomas Zhu and Thomas Zhu. Thomas Zhu is the CEO of AlloyX.

Here are the details of AlloyX's key team members:

Thomas Zhu: Co-Founder and Chief Executive Officer of AlloyX.
Thomas Zhu: Co-Founder & CEO of AlloyX.

View details of AlloyX's Founder profiles and Board Members

AlloyX's employee count trend

AlloyX has 39 employees as of Sep 26. Here is AlloyX's employee count trend over the years:

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Top competitors of AlloyX include Paxos, BTSE and Farcaster. Here is the list of Top 10 competitors of AlloyX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paxos 2012, New York City (United States), Series D	Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises	$535M	RRE Ventures, Liberty City Ventures & 36 others	78/100
2nd	BTSE 2018, Tortola (United Kingdom), Series A	Cryptocurrencies exchange platform	$22M	-	67/100
3rd	Farcaster 2020, Los Angeles (United States), Acquired	Decentralized white-label social platform provider	$180M	Paradigm, Andreessen Horowitz & 29 others	65/100
4th	Fordefi 2021, New York City (United States), Acquired	MPC wallet platform and web3 gateway solution	$28M	Electric Capital, Lightspeed Venture Partners ... & 15 others	59/100
5th	ParFin 2019, London (United Kingdom), Series A	Developer of infrastructure for managing digital assets and stablecoins	$31.5M	ParaFi, Framework Ventures & 9 others	57/100
6th	AlloyX 2012, Hong Kong (China), Acquired	Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services	$12M	Hack VC, Digital Currency Group & 18 others	56/100
7th	PARAMETA 2016, Seoul (South Korea), Series B	Web3 enabler offering white-label blockchain solutions	$20M	Korea Technology Finance, Shinhan Venture Investment ... & 6 others	55/100
8th	Aquanow 2018, Vancouver (Canada), Unfunded	Provider of infrastructure for institutions to trade, pay, send, and hold crypto	-	-	53/100
9th	Quantoz 2013, Utrecht (Netherlands), Seed	Blockchain-based software tools and applications.	-	Tether, Fabric Ventures & 6 others	49/100
10th	Rudiq 2024, Kidderminster (United Kingdom), Seed	Provider of a platform for tokenizing and managing real-world assets	$1M	Simya, Repie GSYO	48/100