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SOLOWIN HOLDINGS Announces Intent to Acquire U.S. Licensed Bank to Accelerate Global Financial Expansion
SolowinSolowin(US:SWIN) Globenewswireยท2025-09-02 20:30

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].