AIxCrypto Holdings, Inc.

Overview

• Ticker: Nasdaq: AIXC
• AIxCrypto is a technology infrastructure company at the intersection of artificial intelligence and blockchain-based programmable systems.
• Primary focus areas: tokenization of real-world assets (RWA) and Embodied Artificial Intelligence (EAI) deployment in commercial environments.
• Mission: provide a regulated, programmable infrastructure layer that connects traditional capital markets with on-chain systems and AI-enabled commercial systems.

Strategic focus and realignment

• September 2025: closed a $41 million private investment in units (PIPE).
• November 2025: rebranded from Qualigen Therapeutics to AIxCrypto Holdings, Inc.
• Previously operated three streams: BesTrade DeAI Agent platform, C10 digital asset treasury and portfolio management tools, and the RWA + EAI ecosystem.
• February 2026 board decision: concentrate resources on the RWA + EAI ecosystem; BesTrade and C10 were discontinued as early-stage concepts that did not align with the revised focus.
• The QN-302 therapeutics program is being evaluated separately (licensing, asset sale, or continuation).

Core business pillars (Dual Flywheel)

Real-World Asset (RWA) Tokenization

• Builds software infrastructure to digitize traditional assets on distributed ledger networks.
• Encodes compliance logic (rules, transfer restrictions, ownership) in smart contracts to maintain regulatory alignment.
• Initial commercial application: strategic equity investment in Faraday Future Intelligent Electric Inc. (FFAI). Approximately $10 million of common stock is held by an independent third party under an Entrusted Investment Agreement.
• Revenue channels include structuring fees, platform licensing to enterprises using the tokenization infrastructure, and on-chain asset administration management fees.

Embodied AI (EAI) Infrastructure

• Develops the execution and monetization layer for AI-enabled physical systems (autonomous mobility, robotics, connected devices).
• AIxC Hub: a decentralized application ecosystem for registering, validating, and deploying AI models with on-chain finalization and incentive mechanisms.
• Early collaboration with FFAI Robotics (a Faraday Future subsidiary) to provide deployment and data context for EAI infrastructure; formal agreements have not been executed.
• Revenue potential from platform licensing, on-chain model deployment, validator economics, and protocol participation fees as adoption scales.

Revenue model and current status

• Primary revenue channels anticipated as platforms scale:
  • Platform licensing fees for enterprises using the EAI infrastructure and tokenization stack.
  • Structuring and transaction fees for management and administration of tokenized assets.
  • Ecosystem participation revenue from AIxC Hub activities (validator economics, model deployment fees, protocol-level participation).
• The EAI and RWA platforms are in early commercialization and have not generated material revenue to date.

Traction and customers

• AIxC Hub activity:
  • January 15, 2026: Hub launched; reported more than 500,000 registered wallets and 200,000 daily active participants in the first week.
  • February 2, 2026: Hub surpassed 1,000,000 registered wallets.
• The Hub is positioned as a data engine to capture human decision-making for training embodied AI models, with a community-driven points system and forecasting features for the C10 Index.
• Commercial collaborations remain in early stages; the Faraday Future collaboration provides a deployment environment but no definitive commercial agreements have been executed.

People and corporate structure

• Employees: 10 (as of December 31, 2025).
• Engages external advisors and consultants; has a Transition Service Agreement with Faraday Future for operational support and strategic guidance.
• Regulatory posture: Nasdaq-listed, with ongoing engagement in the evolving digital asset and AI regulatory landscape.

Financial snapshot (as disclosed)

• 2025 results:
  • Net loss of $16.9 million for the year ended December 31, 2025.
  • Platforms have not generated material revenue to date.
• Capital structure and financing:
  • September 2025: $41 million PIPE financing.
  • July 2025: private placement of Series A-3 Preferred Stock totaling $4.2 million.
  • Authorized common stock: 225 million shares; approximately 219.8 million shares remained available for issuance (as of December 31, 2025).
  • Outstanding warrants: 1,087,266 Placement Agent Warrants issued in connection with the PIPE remain outstanding.
• Going concern: the company reported a working capital deficiency, stockholders’ equity concerns, and recurring losses; independent auditors included an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern.
• Management expects future revenue from licensing, structuring, and ecosystem participation as platforms scale.

Intellectual property

• Patent titled “Substitued Naphthalene Dimides and Their Use” covering QN-302; patent protection in about 20 European countries plus India, China, and Russia; expiration around 2040.
• Protection strategy combines patents, trade secrets, know-how, and confidentiality agreements; enforcement and expansion abroad may be costly and complex.

Cybersecurity and data protection

• Cybersecurity program aligned with NIST CSF, including risk assessment, vulnerability management, access controls, and third-party risk management.
• BitGo serves as the qualified custodian for digital assets where applicable.
• No material cybersecurity incidents reported in 2025; no Form 8-K disclosures for cybersecurity in 2025.

Legal and regulatory disclosures

• Ongoing involvement in disputes and potential enforcement actions, including:
  • Settlement of a LifeSci Capital LLC matter in October 2025 for $75,000.
  • SEC Wells Notices issued in 2025 to a co-CEO and a chief advisor, with potential officer-bar remedies being considered.
• Faces risks tied to evolving regulatory frameworks for digital assets, tokenization, and AI systems in the U.S. and internationally.

Properties

• Operates virtually; no owned real property.

Public company status

• Smaller Reporting Company under Regulation S-K; provides investor information on its website and files SEC reports (10-K, 10-Q, 8-K).

Summary

AIxCrypto Holdings, Inc. is developing two integrated infrastructure pillars—RWA tokenization and Embodied AI deployment—intended to serve as an on-chain, regulatory-aware backbone connecting traditional capital markets with AI-enabled digital ecosystems. The company is transitioning to concentrate resources on the RWA + EAI ecosystem, has reported user growth in the AIxC Hub, and maintains a strategic collaboration with Faraday Future. The company reported a net loss for 2025 and its platforms have not yet generated material revenue.