SOLOWIN Completes $350 Million Acquisition of AlloyX, Fortifying Long-Term Vision with 12-Month Lock-Up

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]