• Functional Brands entered a binding letter of intent to acquire BullionFX assets, including its Alchemy product, in an all-stock deal valued at about USD 142.9 million.
• Assets include blockchain technology and infrastructure designed to link digital financial applications to auditable physical gold held by independent custodians.
• Platform is designed to support gold- and USD-backed stablecoins, lending and borrowing, yield products, with interoperability built on Ethereum.
• Parties are working toward definitive agreements, with closing subject to due diligence, regulatory review, board approvals, and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Functional Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-054195), on May 11, 2026, and is solely responsible for the information contained therein.