Amazing AI plc (AQSE: AAI) has scrapped plans to spin off its Mauritius-based subsidiary, just a week after the proposal was announced.
The fintech and digital asset firm cited shareholder feedback and tightening global regulation around crypto treasuries as key reasons. The spin-off was intended to separate Amazing AI Services Ltd, but the move faced investor concerns.
Despite cancelling the spin-off, AAI reaffirmed its commitment to holding digital assets under its treasury strategy, in line with the Aquis Exchange’s crypto policy.
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AAI’s U-turn signals responsiveness to investors and a pragmatic stance in a tougher regulatory climate for crypto-linked firms.
While scrapping the spin-off may reduce near-term restructuring risk, holding digital assets still carries volatility and regulatory uncertainty. Retail investors should watch how AAI balances innovation with compliance and whether it can deliver growth without overexposing itself to crypto market swings.