v3.26.1
Right to Receive Cryptocurrencies, Net
 12 Months Ended
Mar. 31, 2026
Right to Receive Cryptocurrencies, Net [Abstract]  
RIGHT TO RECEIVE CRYPTOCURRENCIES, NET

6. RIGHT TO RECEIVE CRYPTOCURRENCIES, NET

 

As of March 31, 2026 and 2025, the Company’s right to receive cryptocurrencies consists of the following:

 

    As of March 31,  
    2026     2025  
    $’000     $’000  
Cryptocurrencies investments     3,850       -  
Cryptocurrencies held at brokerage accounts     164       -  
      4,014       -  
Less: allowance for credit losses     (74 )     -  
Total     3,940       -  

 

The following table presents the movement of right to receive cryptocurrencies for the year ended March 31, 2026 and 2025:

 

    As of March 31,  
    2026     2025  
    $’000     $’000  
Beginning balance     -       -  
Additions     4,014       -  
Ending balance     4,014       -  

 

The movement of the allowance for expected credit losses for right to receive cryptocurrencies was as follows: 

 

    For the years ended March 31,  
    2026     2025     2024  
    $’000     $’000     $’000  
Beginning balance     -       -       -  
Additions     74       -       -  
Reversal     -       -       -  
Write-offs     -       -       -  
Exchange realignment     -       -       -  
Ending balance     74       -       -