v3.25.2
Financial Risk Management (Tables)
12 Months Ended
Mar. 31, 2025
Financial Risk Management [Abstract]  
Schedule of Non-Trade Receivables which Reflect their Credit Risk and how the Loan Loss Provision

The Company uses two categories for non-trade receivables which reflect their credit risk and how the loan loss provision is determined for each of the categories. In calculating the expected credit loss rates, the Company considers historical loss rates for each category and adjusts for forward looking data.

 

Category   Definition   Loss provision
Performing   Low risk of default and strong capacity to pay   12 month expected losses
         
Non-performing   Significant increase in credit risk   Lifetime expected losses
Schedule of Level in Fair Value Hierarchy

(i) Disclosures of level in fair value hierarchy:

 

   Fair value measurements using     
Description  Level 1   Level 2   Level 3   Total 
   US$   US$   US$   US$ 
As of March 31, 2025                    
Digital assets   221,162,809    
    
    221,162,809 
Listed equity securities   13,538,564    
    
    13,538,564 
Listed futures contracts   1,005    
    
    1,005 
Unlisted equity securities   
    
    240,001    240,001 
Investments in funds   79    
    
    79 
Digital assets payable   
    
    (138,224,157)   (138,224,157)
Digital assets payable – related party   
    
    (10,702,814)   (10,702,814)
Total   234,702,457    
    (148,686,970)   86,015,487 
                     
As of March 31, 2024                    
Digital assets   126,468,184    
    
    126,468,184 
Listed equity securities   1,727,007    
    
    1,727,007 
Listed futures contracts   9,731    
    
    9,731 
Unlisted equity securities   
    
    811,404    811,404 
Investments in funds   40,646,465    
    
    40,646,465 
Digital assets payable   
    
    (71,437,331)   (71,437,331)
Digital assets payable – related party   
    
    (8,926,859)   (8,926,859)
Total   168,851,387    
    (79,552,786)   89,298,601 
Schedule of Contractual Undiscounted Cash Outflows of Non-Derivative Financial Liabilities

The following are the contractual undiscounted cash outflows of non-derivative financial liabilities:

 

   Within
1 year
   Over
1 year
   Total 
   US$   US$   US$ 
As of March 31, 2025            
Non-derivative financial liabilities            
Account and other payables   7,014,157    
    7,014,157 
Lease liabilities   212,689    
    212,689 
    7,226,846    
    7,226,846 
As of March 31, 2024               
Non-derivative financial liabilities               
Accounts and other payables   11,508,989    
    11,508,989 
Lease liabilities   40,245    
    40,245 
    11,549,234    
    11,549,234