AIxCrypto partners with California real estate firm on blockchain By Investing.com

AIxCrypto partners with California real estate firm on blockchain By Investing.com
Source: Investing.com

LOS ANGELES - AIxCrypto Holdings, Inc. (NASDAQ:AIXC) announced today a strategic partnership agreement with Pinnacle Real Estate Group, a Southern California real estate organization, to explore blockchain applications in real estate transactions. The company, with a market capitalization of $8.67 million, has seen its stock decline 47% year-to-date to $1.38.

The partnership will examine the use of AIxCrypto's blockchain infrastructure across select real estate use cases. The collaboration focuses on evaluating how blockchain-enabled systems and AI-supported technologies can be applied to operational workflows in the real estate sector, according to a press release statement.

Under the agreement, Pinnacle will contribute financial instruments including loans, while AIxCrypto will provide blockchain infrastructure designed to enable on-chain representation, verification, and settlement capabilities for real estate financial instruments. Despite AIxCrypto's weak overall financial health score, an InvestingPro tip notes the company holds more cash than debt on its balance sheet, with a current ratio of 8.83. The companies plan to assess the use of smart contracts and AI agent technologies in real estate transaction, compliance, and asset management processes.

"Real Estate RWA is a vital component of our ecosystem. This is a core scenario for AIxCrypto to bridge the boundaries between Web2 and Web3 and introduce real value into the digital economy," said Jerry Wang, Co-CEO of AIxCrypto.
Calvin Gong, CEO of Pinnacle Real Estate Group, stated, "The future of fintech lies in asset digitization. By accessing AIxC's RWA ecosystem, we are opening the door to the Web3 digital asset world for our clients."

The partnership is subject to regulatory considerations and commercial viability assessments. AIxCrypto describes itself as a technology company focused on Embodied AI infrastructure and building an ecosystem that integrates AI and blockchain.

Pinnacle Real Estate Group operates in residential and commercial real estate as well as mortgage lending services in California.

In other recent news, AIxCrypto Inc. has announced a significant investment plan, committing $10 million to Faraday Future Intelligent Electric through a stock purchase agreement. This investment will be facilitated by a designated third party, with Faraday Future issuing an equivalent amount of Class A common stock based on the most recent closing price before the transaction finalizes. The transaction is anticipated to close around February 13, 2026, pending customary conditions and stockholder approval. Additionally, AIxCrypto has entered into a non-binding letter of intent with FF EAI-Robotics to explore potential Web3 collaboration opportunities, which could enhance the integration of robotics into their ecosystem.

In another development, AIxCrypto has partnered with the Sei Development Foundation to explore high-performance blockchain infrastructure opportunities, aiming to advance the convergence of AI and blockchain technologies. These strategic moves indicate AIxCrypto's focus on expanding its technological capabilities and investment portfolio. The proposed investment in Faraday Future is also seen as a step toward launching AIxCrypto's tokenized Real World Asset business, potentially using the acquired shares as the foundation for its first tokenized equity product.