Core Summary - SOLOWIN Holdings, a leading financial services firm, has made a strategic investment in AlloyX Limited, an Asia-based stablecoin infrastructure firm, through its subsidiary Solomon JFZ (Asia) Holdings Limited [1] - AlloyX secured a US$10 million Pre-A funding round with participation from SOLOWIN and other notable partners, including Arbitrum Foundation and Offchain Labs [2] - The investment aligns with SOLOWIN's commitment to fostering innovation in the global financial infrastructure sector, particularly in the stablecoin payments ecosystem [3] Investment Details - AlloyX plans to use the funding to expand its operations in high-growth regions such as the UAE, ASEAN, and Africa [2] - The investment highlights the growing importance of stablecoins in global finance, as evidenced by recent developments like Stripe's $1.1 billion acquisition of Bridge and BVNK's $50 million Series B funding round valued at $750 million [3] Company Overview: AlloyX - AlloyX is building next-generation payments infrastructure that bridges traditional banking with blockchain technology [4] - The platform enables businesses to send and receive stablecoin payments, facilitate currency exchanges, and integrate crypto payments while maintaining regulatory compliance [4] - AlloyX leverages institutional-grade custodial wallets, multi-chain security, and tokenization technology to empower businesses to tokenize real-world assets and operate across diverse financial ecosystems [4] - With licenses spanning virtual assets, payments, and trusts, AlloyX serves institutional and retail clients in over 70 countries [4] Company Overview: SOLOWIN Holdings - SOLOWIN Holdings is a Hong Kong-based financial services firm offering a comprehensive one-stop solution for high-net-worth and institutional investors worldwide [5] - The company provides services across traditional and virtual assets, including investment banking, wealth management, asset management, and Web3 solutions [5] - SOLOWIN's subsidiary, Solomon JFZ (Asia) Holdings Limited, is one of Hong Kong's first regulated virtual asset service providers, offering the Solomon VA+ app, which integrates traditional and virtual asset trading with wealth management services [5]

Company Overview - SOLOWIN HOLDINGS (NASDAQ: SWIN) is a Hong Kong-based financial services firm offering comprehensive solutions for high-net-worth and institutional investors, including investment banking, wealth management, asset management, and Web3 solutions [5] - The company's subsidiary, Solomon JFZ (Asia) Holdings Limited, is one of Hong Kong's first regulated virtual asset service providers, operating the Solomon VA+ platform, which integrates traditional and virtual asset trading with wealth management services [5] Strategic Investment - SOLOWIN announced a strategic investment in AlloyX Limited, an Asia-based stablecoin infrastructure firm, through its subsidiary Solomon JFZ (Asia) Holdings Limited [1] - AlloyX secured a US$10 million Pre-A funding round, supported by SOLOWIN and other partners including Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS [2] - The funds will be used by AlloyX to expand operations in the UAE, ASEAN, and Africa, targeting high-growth regions [2] Industry Context - The investment aligns with SOLOWIN's commitment to fostering innovation in the global financial infrastructure sector, particularly in the stablecoin payments ecosystem [3] - Recent developments in the stablecoin payments space include Stripe's acquisition of Bridge for $1.1 billion and BVNK's $50 million Series B funding round valued at $750 million, highlighting the transformative potential of stablecoins in global finance [3] AlloyX Overview - AlloyX is building next-generation payments infrastructure, bridging traditional banking with blockchain technology [4] - The platform enables businesses to send and receive stablecoin payments, facilitate currency exchanges, and integrate crypto payments while maintaining regulatory compliance [4] - AlloyX leverages institutional-grade custodial wallets, multi-chain security, and tokenization technology to empower businesses to tokenize real-world assets and operate across diverse financial ecosystems [4] - With licenses spanning virtual assets, payments, and trusts, AlloyX serves institutional and retail clients in over 70 countries [4]

Hong Kong, Dec. 26, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ:SWIN) ("SOLOWIN" or the "Company"), a leading financial services firm providing high-net-worth and institutional investors with solutions across traditional and virtual assets, has joined China AMC (HK), HSBC, Hang Seng Bank, OSL exchanges, and Fosun Wealth Holdings to submit a sandbox trial to the Hong Kong Monetary Authority (HKMA) under Project Ensemble Sandbox. The Company has become one of the first-phase testers of the sandbox launc ...

Hong Kong, Dec. 26, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a leading financial services firm providing high-net-worth and institutional investors with solutions across traditional and virtual assets, has joined China AMC (HK), HSBC, Hang Seng Bank, OSL exchanges, and Fosun Wealth Holdings to submit a sandbox trial to the Hong Kong Monetary Authority (HKMA) under Project Ensemble Sandbox. The Company has become one of the first-phase testers of the sandbox laun ...

HONG KONG, Oct. 23, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors globally, today announced the release of a new research report from Diamond Equity Research, an issuer sponsored equity research firm focused on small capitalization companies, covering the Company’s ordinary shares. The Company has worked with Diamond Equity Research to perform independent resear ...

HONG KONG, June 17, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ:SWIN) ("SOLOWIN" or "the Company"), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors globally, today announced that Solomon JFZ (Asia) Holdings Limited ("Solomon"), its operating subsidiary, has become the largest holder of customer assets in the ChinaAMC Bitcoin ETF (HKEX: 9042), ChinaAMC Ethereum ETF (HKEX: 9046), and Harvest Bitcoin Spot ETF (HKEX: 3439). In addition, Solomon is ...

HONG KONG, May 28, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ:SWIN) ("Solowin" or "the Company"), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors globally, today announced a strategic partnership with MaiCapital Limited ("MaiCapital"), a leading virtual assets investment manager in Hong Kong, to expand virtual asset allocation opportunities. Under the terms of the strategic partnership, Solowin agreed to acquire 199,210 ordinary shares repres ...

HONG KONG, April 26, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ:SWIN) ("SOLOWIN" or the "Company"), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, today announced that the Company, through its subsidiary, Solomon JFZ (Asia) Holdings Limited ("Solomon"), strengthened the partnership with OSL Digital Securities ("OSL"), the digital asset platform of OSL Group (863.HK) – Hong Kong's only publicly listed company fully dedicated to digital asset ...

HONG KONG, April 16, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ:SWIN) ("SOLOWIN" or the "Company"), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, today announced that Solomon JFZ (Asia) Holdings Limited, its operating subsidiary, has been selected as one of the three participating dealers for Harvest Global's spot Bitcoin and Ethereum ETF in Hong Kong. Harvest Global was one of the just three ETF providers to receive conditional approval f ...

Exhibit 99.1 SOLOWIN HOLDINGS Reports Unaudited Financial Results for The First Six Months of Fiscal Year 2024 Revenue Up 126.4% Year-Over-Year Hong Kong, Mar. 18, 2024 /PRNewswire/ -- SOLOWIN HOLDINGS ("SOLOWIN" or the "Company", or "we") (Nasdaq: SWIN), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, today announced its unaudited financial results for the first six months of fiscal year 2024 ended September 30, 2023. Mr. Shing Tak Tam, Chief Exec ...