AXG Announces AXG Intelligence Among First to Launch MiniMax M3 Model via KOVAR Platform

HONG KONG, June 5, 2026 -- AXG, a leading financial technology firm bridging traditional and digital assets, today announced that AXG Intelligence (“AXGI”), the Company’s AI infrastructure subsidiary, has entered into a partnership with Shanghai Xiyu Jizhi Technology Co., Ltd. (“MiniMax”), a leading Large Language Model (LLM) company in China. Under this partnership, AXGI will integrate MiniMax’s latest M3 model capabilities into KOVAR, its token router platform, making KOVAR one of the first partner LLM aggregation platforms to support the model. Through a unified API interface, intelligent routing, and enterprise-grade AI service capabilities, KOVAR is expected to help developers, enterprise clients, and AI application teams integrate MiniMax’s next-generation LLM capabilities more efficiently.

AXGI is an AI infrastructure platform strategically incubated by AXG, focusing on multi-model aggregation, intelligent routing, enterprise-grade AI API access, AI agent governance, and token-driven computing power ecosystem construction. By aggregating mainstream global AI models through a unified interface, AXGI is designed to help enterprises and developers reduce multi-model access costs, improve model invocation efficiency, and achieve optimal configurations across quality, speed, cost, and stability based on different business scenarios.

As a leading artificial general intelligence (AGI) company in China, MiniMax has long been deeply engaged in multimodal foundation models. The launch of MiniMax's next-generation M3 model is anticipated to further enhance its capabilities in complex task understanding, long-context processing, agent workflows, multimodal interaction, and enterprise-grade application scenarios.

In line with the cooperation roadmap agreed upon by both parties, AXGI and MiniMax aim to focus their collaboration on areas including MiniMax M3 model access, API aggregation, intelligent routing, enterprise-grade scenario adaptation, AI agent application development, and multimodal content generation. Through this partnership, KOVAR users are expected to be able to invoke the MiniMax M3 model more conveniently within a unified platform and apply it to high-frequency business scenarios such as cross-border e-commerce content generation, enterprise knowledge bases, intelligent customer service, AI agents, code assistance, short video script generation, marketing content production, and multimodal creation.

The KOVAR platform is expected to complete the initial integration and launch of the MiniMax M3 model in June 2026. It is expected to continue tracking subsequent model updates from MiniMax to achieve rapid synchronization of new model capabilities on the KOVAR platform. Looking ahead, KOVAR plans to continue to build an open, diverse, and efficient model ecosystem around leading global LLM vendors, providing enterprise users and developers with a more stable, flexible, and low-cost AI model invocation experience.

Currently, the KOVAR platform has aggregated over 20 LLM vendors and nearly 100 LLM capabilities. The integration of MiniMax M3 will further strengthen KOVAR's technical depth in multi-model aggregation, intelligent routing, and enterprise-grade AI services. It will also help more enterprises flexibly invoke different model capabilities within the same platform to quickly build AI applications tailored to real-world business scenarios.

Dr. Thomas Zhu, Co-Founder and Director of AXG, stated:

"As one of the first aggregation platforms to support MiniMax's latest M3 model, KOVAR is thrilled to partner with MiniMax. Through core capabilities such as multi-model aggregation, intelligent routing, and token-based billing, we aim to help enterprises efficiently access the world's leading model ecosystem, lower development barriers, and accelerate the commercialization of AI across diverse scenarios."

Frank Chen, Director of AXG and CEO of AXG Intelligence, added:

"We are filled with anticipation for our future collaboration with MiniMax. The M3 model's world-leading performance in programming, agentic capabilities, and cross-modal understanding is precisely the industry breakthrough we have been searching for. Leveraging a 1 million token ultra-long context window and an innovative sparse attention architecture, this partnership will provide efficient and cost-effective foundational support for our deep collaboration, accelerating the transformation of the industry landscape."

About AXG

AXG is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.

Guided by the mission “Mobilizing Tokens 24/7”, the Company operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, AGENTX, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.

For more information, visit www.alloyx.com and follow us on LinkedIn at AXG (Solowin Holdings).

About AXG Intelligence

AXG Intelligence (AXGI) is an AI infrastructure subsidiary strategically incubated by AXG. AXGI is dedicated to integrating cutting-edge AI technologies to build high-standard digital asset security and AI computing power infrastructure for global financial institutions and tech enterprises.

AXG Intelligence has built a full-stack service system spanning from underlying computing power to top-tier applications through a three-layer core business architecture: Infrastructure Layer (AI Computing Power Leasing), Resource Layer (Token Router Platform KOVAR), and Application Layer (Industry Service Provider Tokenthon).

Leveraging its deep industry accumulation, AXG Intelligence continues to empower global clients, accelerating the release of AI productivity while ensuring the security of digital assets. For more information, please visit: www.kovar.ai.

About Shanghai Xiyu Jizhi Technology Co., Ltd.

Shanghai Xiyu Jizhi Technology Co., Ltd. (“MiniMax”) is a leading artificial general intelligence company in China that has independently developed a series of multimodal foundation models, including MiniMax M3, Hailuo 2.3, Speech 2.6, and Music 2.6. It has launched a series of AI-native products globally, continuously driving the application and implementation of LLM technology worldwide. To date, MiniMax's self-developed multimodal models and AI-native applications have served over 300 million individual users from more than 200 countries and regions, as well as millions of enterprise clients and developers from over 100 countries and regions.

The latest MiniMax M3 model represents the next-generation upgrade of its model capabilities, which will further serve scenarios such as intelligent agents, workplace productivity, coding, content generation, multimodal interaction, and enterprise-grade AI applications. For more information, please visit the official MiniMax website.