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OliveX Holdings Limited

OliveX Holdings Limited, incorporated in 2018 as OliveX Holdings Limited (ACN 631 675 986), was founded to create a fitness metaverse on the blockchain.

OliveX Holdings Limited

OliveX Holdings Limited, incorporated in 2018 as OliveX Holdings Limited (ACN 631 675 986), was founded to create a fitness metaverse on the blockchain. The company is led by Chris Whiteman and Yat Siu, who operate from offices in Hong Kong, London, and Sydney. The wealth origin for OliveX is not publicly disclosed. OliveX develops and incubates gamified fitness experiences across multiple platforms. The company's core products include Dustland Runner, a proof-of-workout audio running game; Dustland Rider, a cycling game integrated with the Sol Cycle engine; and Marvel Move, a superhero-themed walking and running app. These experiences are tied to the DOSE Token, an ERC-20 utility token that rewards users for completing workouts. OliveX also operates Six to Start, a London-based independent game developer best known for Zombies, Run!. Other business units include KARA Mirror, a hardware/software AI fitness solution; Lympo Squat, a gamified squat challenge app; and 22 Pushup, a pushup challenge app. The company has partnered with fitness brands such as Myzone and Stages. OliveX also holds a 12x12 LAND parcel inside the Sandbox metaverse to incubate partner brand communities. Its acquisition of Volution, a UK-based gym data software firm serving over 256 gyms, expanded its B2B offerings. The firm's total assets under management are not disclosed. The executive team includes Chris Whiteman and Yat Siu, though their titles are not specified on the website. OliveX maintains offices in Hong Kong (headquarters), London, and Sydney. The company's structured vehicles include the DOSE Token ecosystem and the Sandbox LAND parcel. A recent operational event: August 2022: OliveX announced the acquisition of Volution, a UK-based gym data software provider (per the firm, August 2022). Philanthropic or separate advisory structures have not been publicly detailed. OliveX’s structural differentiator lies in its blockchain-native integration, where physical exercise directly generates in-game rewards and NFT assets. This model positions the firm at the intersection of digital health, gaming, and crypto, distinct from traditional health-and-fitness companies or pure-play game studios. The company also serves as a metaverse incubator for fitness brands, a dual-sided approach that blends consumer-facing apps with B2B partnerships.

Website
olivex.ai

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Hong Kong

City

Hong Kong

Corporate office

Hong Kong, Hong Kong

Additional offices

London, England · Sydney, Australia

Principals

Chris Whiteman

Team Member

Yat Siu

Team Member

Sector focus

Digital HealthMedia & EntertainmentAI/MLFinTech

Frequently asked questions

Who runs investment decisions at OliveX Holdings Limited?

The executive team includes Chris Whiteman and Yat Siu, though their formal roles and investment-making authority are not publicly detailed. The firm's website lists them as 'Team' members without specific titles.

How does OliveX source proprietary deal flow?

OliveX's deal flow is driven by its in-house studio Six to Start and partnerships with fitness brands like Myzone and Stages. The company also incubates brands through its Sandbox LAND parcel. Its acquisition of Volution expanded its B2B software reach (per the firm, August 2022).

Is OliveX structured as a single family office or does it operate more like a venture firm?

OliveX is a public company limited by shares, incorporated under Australian law (ACN 631 675 986). It does not classify itself as a family office. It operates as a digital health and fitness company with multiple business units and a blockchain token ecosystem.

Does OliveX participate in fund commitments or only direct deals?

OliveX primarily invests in direct product development and acquisitions within the fitness and gaming space. The company's known deal activity includes the acquisition of Volution and the development of internal apps such as KARA Mirror and Zombies, Run!.

What investment stages does OliveX typically target?

OliveX focuses on early-stage and growth-stage opportunities within the digital health, fitness gaming, and blockchain sectors. Its acquisitions include established businesses such as Six to Start (founded 2007) and Volution, which serves 256+ gyms.

Which sectors does OliveX explicitly avoid?

OliveX has not publicly stated any explicit avoidance sectors. Its focus remains on fitness gamification, blockchain tokens, and metaverse experiences, with no disclosed activity outside of health and gaming.

How is OliveX related to its parent or related vehicles?

OliveX Holdings Limited is a standalone entity incorporated in Australia. Its business units operate under the same corporate umbrella. The firm does not publicly highlight a separate parent company or related investment vehicles.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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