Material Event (Form 8-K)

Item 8.01 Other Events

ARAX Holdings Corp. ("ARAX" or the "Company") provides the following update regarding ongoing infrastructure deployment and ecosystem expansion activities across its Core Settlement Network.

Expansion of Ping Exchange Market Infrastructure

The Company is currently deploying a significant update to its Ping Exchange platform. The update expands the platform beyond digital asset trading to include additional market infrastructure designed to support:

These enhancements are intended to extend Ping Exchange from a digital asset trading venue into a broader multi-asset market infrastructure environment.

In connection with this development, the Company has initiated the process of tokenizing shares of ARAX Holdings Corp., which are expected to be the first digitized equity instruments introduced on the Ping Exchange platform, subject to applicable regulatory and technical requirements.

The Company is also actively engaged in tokenization initiatives within the precious metals sector, focused on digitizing select commodity assets for potential integration into its market infrastructure.

Wall Money Hybrid Self-Custodial Banking Platform

ARAX is preparing for a phased release of its Wall Money platform, which is designed as a hybrid self-custodial banking environment.

The platform integrates:

Wall Money is intended to function as an access layer to the Company's broader settlement infrastructure, enabling interaction between fiat accounts, digital assets, and programmable payment services.

Integration of BaaP Connectors and Settlement Network

The Company continues to deploy connectors built on its Blockchain-as-a-Platform ("BaaP") infrastructure. These connectors link identity, market, payment, and settlement components across the Core ecosystem.

Upon completion of current deployment stages, the Company expects the network to operate as a fully integrated settlement architecture supporting the transfer of value across multiple asset classes rather than operating solely as a currency trading system.

Management Commentary

Michael Loubser, Chief Executive Officer of ARAX Holdings Corp., stated:

"The future of financial infrastructure is not defined by faster payments alone, but by the convergence of data settlement and value settlement. When identity, execution, and ownership move together, friction disappears and entirely new economic models become possible."