AlloyX Group Secures Canadian MSB License, Advancing Its Compliant Entry into the North American Market
- Acosta Pan
- Jan 7
- 1 min read

AlloyX Group (NASDAQ: AXG) today announced that it has completed the acquisition of GELLO FINANCE LTD., a licensed compliance entity, and has officially obtained a Canadian Money Services Business (MSB) license.
This achievement marks AXG’s successful completion of the regulatory entry requirements for the Canadian market and represents a critical milestone in its global expansion roadmap. Following the acquisition, AXG has come under the regulatory oversight of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
Under FINTRAC’s regulatory framework, AXG is legally authorized to conduct core regulated activities in Canada, including foreign exchange services, cross-border remittances, and payment services, in full compliance with applicable laws and regulations.
The establishment of the Canadian MSB license further underscores AXG’s ability to operate in accordance with high-standard regulatory regimes across multiple jurisdictions, strengthening its compliance foundation and expanding its long-term growth opportunities within the global digital finance landscape.
About AlloyX Group:
AlloyX Group (Nasdaq: AXG) is a global integrated financial services institution bridging traditional finance and digital assets ecosystem. The Group operates across stablecoin payments, tokenization service, digital brokerage, and on-chain financial infrastructure. By integrating traditional brokerage and banking systems with blockchain technology, AlloyX Group delivers secure, efficient, and auditable digital financial solutions for institutions. Backed by leading international investors, we are building the next generation digital financial infrastructure empowering the global transition toward a regulated digital economy.
