Hong Kong, Oct. 09, 2025 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced that its class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”) will commence trading under the new ticker symbol “AXG” on The Nasdaq Stock Market LLC (“Nasdaq”), effective at the market open on Friday, October 10, 2025. Until that date, the Company’s ...

Company Overview - Solowin Holdings (NASDAQ: SWIN) is a global financial services firm that operates in both traditional finance and the Web3 industry, established in 2016 [4] - The company has created a full-spectrum ecosystem that connects traditional finance with decentralized finance, leveraging its licensed subsidiaries in Hong Kong [4] - Solowin offers compliant traditional finance solutions, real-world asset tokenization, and global digital payment solutions through its enterprise-grade platform [4] Industry Insights - Asia is emerging as a significant player in global crypto-finance, with Hong Kong re-establishing itself as a regulated bridge between traditional markets and digital assets [2] - There is increasing institutional demand for compliant Bitcoin exposure, as evidenced by sovereign wealth funds increasing their Bitcoin holdings and fintech firms in Hong Kong raising over $1.5 billion for crypto infrastructure and stablecoin initiatives [2][3] - Next-generation platforms like Solowin Holdings are well-positioned to capitalize on the transition in the market due to their integration of licensed digital asset infrastructure and quantitative trading strategies [3]

Core Insights - AlloyX Limited has joined the Circle Alliance Program, enhancing its integration within Circle's USDC ecosystem and advancing its mission to provide compliant and scalable stablecoin infrastructure globally [1][2]. Group 1: Strategic Partnership - The partnership with Circle grants AlloyX direct access to Circle's infrastructure, developer APIs, and collaboration frameworks, enabling faster deployment and adoption of its stablecoin infrastructure and real-world asset tokenization solutions [2]. - As a member of the Circle Alliance Program, AlloyX will engage in joint go-to-market initiatives and contribute to global policy discussions on stablecoin regulation and adoption [4]. Group 2: Product Offering - AlloyX provides a full-stack stablecoin infrastructure platform that includes embedded wallet services and seamless integration across multiple blockchains and payment channels [3]. - Core services offered by AlloyX encompass stablecoin custody, spending, payments, settlement, investment, foreign exchange, and tokenization, aimed at driving the future of digital assets [3]. Group 3: Company Vision - The company is focused on making stablecoins and tokenized assets accessible, secure, and intuitive for users worldwide, aligning its developments with global standards of trust, transparency, and compliance [4]. - AlloyX aims to become Asia's largest stablecoin service provider, offering secure fiat-to-stablecoin solutions and multi-chain infrastructure for various financial services [5]. Group 4: Parent Company Overview - Solowin Holdings, the parent company of AlloyX, operates in both traditional and Web3 industries, delivering a full-spectrum ecosystem that bridges traditional and decentralized finance [6]. - The company leverages its licensed subsidiaries to provide compliant traditional finance, real-world asset tokenization, and global digital payment solutions, positioning itself as a key player in reshaping global finance [6].

Company Overview - Solowin Holdings (NASDAQ: SWIN) is a global financial services firm that operates in both traditional finance and the Web3 industry, founded in 2016 [5] - The company has established a full-spectrum ecosystem that bridges traditional and decentralized finance, leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries [5] Industry Insights - Hong Kong is emerging as a regulated gateway linking traditional finance with digital assets, with institutional demand for compliant Bitcoin exposure increasing [3][4] - Sovereign wealth funds are raising their Bitcoin allocations, and fintech firms in Hong Kong have raised over $1.5 billion to support crypto infrastructure and stablecoin frameworks [3] Strategic Positioning - Solowin Holdings combines licensed crypto infrastructure with quantitative strategies and access to Asia's high-net-worth investors, positioning itself to capitalize on the structural shift in the financial landscape [4] - The company offers compliant, algorithmically driven exposure to Bitcoin and aims to meet the growing institutional demand for regulated platforms [4]

Core Insights - AlloyX Group, a Hong Kong-based fintech company, has entered into a definitive merger agreement with Nasdaq-listed Solowin Holdings, aiming to create a new financial ecosystem centered on stablecoins and enhance the integration of traditional finance with digital assets [2][4]. Company Overview - AlloyX specializes in cross-border payments and institutional-grade asset tokenization through stablecoin infrastructure, positioning itself as a leader in the fintech space [2][5]. - The company has garnered recognition from prominent global investment institutions, with participation from top investors such as Fenbushi Capital and Longling Capital in its latest financing round, indicating strong confidence in its growth prospects [3]. Market Context - The global market size of the stablecoin ecosystem has reached hundreds of billions of dollars, highlighting the significant potential for growth in this sector [4]. - AlloyX aims to become the world's leading and Asia's largest stablecoin service provider, reflecting its ambitious growth strategy [5]. Strategic Vision - The merger is expected to leverage the strengths of both AlloyX and Solowin, focusing on compliance and technology-driven approaches to innovate in stablecoin payment infrastructure and real-world asset (RWA) tokenization [4]. - Both companies are committed to building a compliant stablecoin-powered financial super platform, with all shareholders agreeing to a 12-month lock-up period to demonstrate their confidence in the long-term vision [4].

Company Overview - Solowin Holdings has successfully closed a $350 million acquisition of AlloyX Limited, a leading stablecoin infrastructure provider, enhancing its capabilities in the financial services sector [1] - The company aims to integrate AlloyX's technology and team into its financial ecosystem, focusing on a global stablecoin strategy and expansion into high-growth markets such as the UAE, ASEAN, and Africa [1][4] Industry Insights - The global stablecoin market cap has reached approximately $283 billion as of August 2025, with a year-to-date trading volume exceeding $20.2 trillion, indicating significant growth in this sector [2] - Stablecoins are increasingly recognized as essential infrastructure for global payments, cross-border remittances, and institutional treasury management, moving beyond their initial niche status [2] Strategic Features of the Acquisition - The acquisition includes a 12-month lock-up period for AlloyX's shareholders, demonstrating their commitment to the long-term vision of the combined entity [3][6] - A tiered incentive structure is in place, linking additional payments to AlloyX's valuation milestones, which serves as a public roadmap for value enhancement [6]

Core Viewpoint - Solowin Holdings is negotiating the acquisition of a U.S.-licensed financial institution, which is expected to significantly enhance its global expansion strategy and service offerings [1][3]. Group 1: Acquisition Details - The acquisition is structured as a "clean-charter," removing all legacy assets and liabilities, allowing Solowin to operate a fully regulated banking platform [2]. - Securing a U.S. banking license will enable Solowin to provide a comprehensive suite of international banking services, including deposit-taking, lending, and payment processing [2]. Group 2: Strategic Importance - The acquisition is viewed as a game-changer for Solowin, providing strategic flexibility to innovate and scale fiat-based services [3]. - The move is part of Solowin's global compliance strategy and aims to lay a foundational pillar for the future of digital finance [3]. Group 3: Company Overview - Solowin Holdings, founded in 2016, operates in both traditional and Web3 industries, creating a full-spectrum ecosystem that bridges traditional and decentralized finance [4]. - The company leverages its licensed subsidiaries to deliver compliant traditional finance, real-world asset tokenization, and global digital payment solutions [4]. Group 4: Business Enhancements - The acquisition is expected to enhance Solowin's global payment infrastructure, improving fiat on/off-ramps and correspondent banking relationships [7]. - It will facilitate the issuance and servicing of tokenized real-world assets, providing secure access to U.S. dollar-denominated investments for global investors [7]. - The company aims to strengthen its institutional-grade offerings through a regulated platform for custody and wealth management across global assets [7].

Core Insights - Solowin Holdings has integrated Chainlink's data services into its Real Yield Token (RYT), enhancing its tokenized money market fund with institutional-grade verification [1][2][3] - The integration utilizes Chainlink Proof of Reserve and NAVLink to provide real-time on-chain verification, ensuring transparency and compliance in the digital asset ecosystem [2][4] - This strategic move positions Solowin as a leader in bridging traditional finance and Web3, addressing the need for verifiable transparency in the tokenized asset market [4][5] Company Overview - Solowin Holdings is a global financial services firm that operates in both traditional finance and Web3, established in 2016 [6] - The company has a full-spectrum ecosystem that includes real-world asset tokenization and global digital payment solutions, supported by its Hong Kong Securities and Futures Commission licensed subsidiaries [6] - Solowin aims to reshape global finance by providing compliant and transparent digital asset solutions, solidifying its role in the evolving financial landscape [6]

Core Insights - Solowin Holdings has made a strategic investment in MetaEra, now rebranded as ME, a prominent Web 3 industry news platform focused on brand growth strategies [1][3] - The Pre-Series A funding round was co-led by Fenbushi Inc. and Hashkey Capital, with participation from Solowin and other institutional investors [1] Company Overview - Solowin Holdings (NASDAQ: SWIN) is a leading global financial services firm that operates in both traditional and Web 3 industries, established in 2016 [4] - The company has developed a full-spectrum ecosystem that bridges traditional finance and decentralized finance, leveraging its licensed subsidiaries for digital asset capabilities [4] ME's Business Model - ME operates three core business divisions: media services (ME Media), event planning (ME Event), and AI-driven data services (ME AI) [2] - The newly launched platform CoinFound offers innovative solutions such as real-world asset pricing data, on-chain analytics, and AI-generated research reports [2] Strategic Alignment - The investment in ME aligns with Solowin's focus on building a digital finance ecosystem, enhancing transparency and professionalization in Web 3 financial information [3] - Proceeds from the funding round will be allocated to AI technology development and global market expansion for ME [3]

Core Insights - Solowin Holdings has officially launched its Dubai Operations Center and is applying for a Category 3C asset management license from the Dubai International Financial Centre (DIFC) [1][2] - The company has entered a strategic collaboration with CITIC Construction to develop financial technology infrastructure in Saudi Arabia, indicating its commitment to expanding compliant financial services in the Middle East [1][2] - Solowin has signed a memorandum of understanding (MOU) with a local UAE enterprise to enhance its penetration into the local financial services market [2] Company Expansion - The Dubai Operations Center is positioned as a key component of Solowin's global compliance network, aiming to integrate Saudi-based infrastructure resources [3] - The initial services will focus on institutional clients seeking Sharia-compliant products, including structured products supported by real-world assets (RWA) [3] - The selection of DIFC as the Middle Eastern hub is due to its regulatory advantages, particularly the mutual recognition framework with Hong Kong's Securities and Futures Commission (SFC) [2] Strategic Positioning - Solowin aims to strengthen capital and asset connectivity between the Middle East and Asia, providing regional investors with access to compliant digital asset management and tokenized products [2] - The company operates a full-spectrum ecosystem that bridges traditional and decentralized finance, leveraging its existing global regulatory licenses [4] - Solowin's services include compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions, reinforcing its role in reshaping global finance [4]