Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) said it is in advanced, final-stage discussions regarding a potential strategic business combination with a leading insurance technology company operating across the Asia-Pacific region.
The company also confirmed it continues to advance its previously announced strategy to acquire Bitcoin (BTC), part of a broader effort aimed at strengthening long-term shareholder value.
According to the company, the prospective InsurTech partner is a well-capitalized regional player focused on AI-driven underwriting, digital distribution channels, automated claims processing and scalable insurance operations across several fast-growing Asian markets. The business is described as having a strong innovation track record, consistent revenue growth and institutional-grade operating capabilities.
Under the proposed transaction structure, the Asia-Pacific InsurTech company would use Tian Ruixiang as its long-term public listing vehicle to access U.S. capital markets and support international expansion plans. Existing TIRX shareholders would retain their public market ownership while gaining exposure to the combined InsurTech platform’s potential growth.
“We are in advancedand final-stage discussions with a leading Asia-Pacific InsurTech group for a transformative strategic business combination, in addition to continuing to advance our Bitcoin acquisition strategy,” stated the CEO of the Company.
“These initiatives represent a historic opportunity to unlock exceptional and sustainable value for all shareholders. We will provide updates as appropriate, while emphasizing that no definitive agreement has been reached.”
The company noted that negotiations remain ongoing and no binding agreement has yet been finalized.
About Tian Ruixiang Holdings Ltd
Tian Ruixiang Holdings Ltd is a Nasdaq-listed holding company focused on insurance-related services in China. The company maintains a fully compliant public listing and is pursuing strategic transformation initiatives that include digital asset strategies and business combinations designed to enhance long-term shareholder value.