v3.26.1
Related Party Balances and Transactions (Tables)
 12 Months Ended
Mar. 31, 2026
Related Party Balances and Transactions [Abstract]  
Schedule of Related Parties’ Relationships

Related parties’ relationships are as follows:

 

Name   Relationship
Bingzhong Wang   Director and Chief Executive Officer of the Company
Ming Ni   Former Chief Operating Officer and shareholder
Pengyuan Fan   Director and Chief Financial Officer of the Company
     
MetaSphere Limited (formerly known as Xisha Hu)   Entity wholly owned by Xisha Hu, who is the spouse of, Mr. Bingzhong Wang
Xiaosi Zhang   Chief Operating Officer

Northstar Technologies

   Non-controlling interest of Metalpha before November 30, 2023, and minority shareholder of the Company after October 1, 2023
Polaris Investment Management PTE Limited   Related company of Northstar Technologies
Antpool Technologies Limited   Shareholder of Northstar Technologies
LSQ Investment Fund SPC – Next Generation Fund I SP   Bingzhong Wang act as director of the Company while LSQ Capital Limited as Sub-Investment Manager
Schedule of Related Parties’ Transactions

Related parties’ balance are consisted of the following:

 

    For the years ended
March 31,		  
    2026     2025  
    US$     US$  
a. Digital assets payables            
Northstar Technologies     32,073,388       —  
MetaSphere Limited     6,582,276       10,602,787  
Ming Ni     —       87,270  
Pengyuan Fan     21,224       12,757  
Xiaosi Zhang     44,870       —  
Total     38,721,758       10,702,814  
                 
b. Payable to customer                
Northstar Technologies     8,606       10,483  
Folius Venture LLC     —       76  
MetaSphere Limited     1,266,109       671,405  
Pengyuan Fan     39,607       787  
LSQ Investment Fund SPC – Next Generation Fund I SP     —       30  
Ming Ni     36       8,807  
Xiaosi Zhang     96,965       —  
Total     1,411,323       691,588  
                 
c. Other payables                
Polaris Investment Management PTE Limited     —       460,075  
Northstar Technologies     —       40  
Xiaosi Zhang     17,156       —  
Total    

17,156

      

460,115

  

 

Related parties’ transactions are consisted of the following:

 

   

For the years ended
March 31,

  
    2026     2025     2024  
    US$     US$     US$  
Derivative products entered with Northstar Technologies     223,088,722       88,965,528       139,393,093  
Derivative products expired to Northstar Technologies     (182,147,262 )     (88,965,528 )     (154,095,287 )
Derivative products entered with MetaSphere Limited     15,241,192       31,714,755       20,234,318  
Derivative products expired to MetaSphere Limited     (19,092,880 )     (22,167,525 )     (19,313,245 )
Derivative products entered with Ming Ni     98,819       2,631,497       1,381,552  
Derivative products expired to Ming Ni     (204,512 )     (2,541,024 )     (119,535 )
Derivative products entered with Pengyuan Fan     56,532       13,000       —  
Derivative products expired to Pengyuan Fan     (37,098 )     (288 )     —  
Derivative products entered with Xiaosi Zhang     296,558       —       —  
Derivative products expired to Xiaosi Zhang     (194,337 )     —       —  
Derivative products entered with Folius Venture LLC     —       1,029,928       29,811,264  
Derivative products expired to Folius Venture LLC     —       (1,029,928 )     (24,565,494 )

  

Note:

 

(a) All amounts are due on demand, non-interest bearing and unsecured.
Schedule of Remuneration to Senior Management

Remuneration to senior management for the years ended March 31, 2026, 2025 and 2024 were:

 

    For the years ended
March  31,		  
    2026     2025     2024  
    US$     US$     US$  
Salaries and other short term employee benefits     5,495,847       952,874       552,113  
Payments to defined contribution pension schemes     6,523       4,626       4,600  
Total     5,502,370       957,500       556,713