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SOLOWIN Enters Saudi Market to Drive Web3 and Data Science Through CITIC Partnership
SolowinSolowin(US:SWIN) Globenewswireยท2025-08-20 12:00

Core Insights - The strategic collaboration between Solowin Holdings and CITIC Contracting Company aims to enhance investment offerings and develop tokenized real estate opportunities in Saudi Arabia [1][2] - This partnership seeks to connect the private real estate market with investor demand for diversified yield-generating alternatives, leveraging Solowin's technology and CITIC's real estate expertise [2][3] Company Overview - Solowin Holdings is a leading financial services firm that operates in both traditional and digital asset markets, providing a full-spectrum ecosystem that integrates traditional finance with decentralized finance [5] - The company has a robust Web3 Infrastructure division and is licensed by the Hong Kong Securities and Futures Commission, enabling it to offer compliant traditional finance, real-world asset tokenization, and global digital payment solutions [5] Strategic Goals - The collaboration aligns with Saudi Vision 2030, which focuses on digital transformation and economic diversification in Saudi Arabia [3][4] - The partnership will utilize CITIC's execution capabilities alongside Solowin's regulated stablecoin infrastructure to modernize traditional assets [3]