SOLOWIN HOLDINGS Announces New Trading Symbol “AXG”

Core Viewpoint - Solowin Holdings is undergoing a significant transformation by focusing on Web3 business through the acquisition of AlloyX Limited and the development of AX Coin, which positions the company at the forefront of asset tokenization and global digital payments [1][3]. Company Developments - The company's Class A ordinary shares will begin trading under the new ticker symbol "AXG" on Nasdaq effective October 10, 2025, reflecting its strategic shift [1]. - Solowin's subsidiary, Solomon JFZ (Asia) Holding Limited, has obtained upgraded crypto licenses from the Hong Kong Securities & Futures Commission and is actively participating in the spot BTC/ETH ETFs market [2]. - The acquisition of AlloyX in September 2025 combines Solowin's traditional finance strengths with AlloyX's technological innovations, creating a compliant ecosystem that bridges traditional finance and the crypto economy [6]. Strategic Initiatives - The company plans to launch a USD 100 million ecosystem fund, AX Venture, aimed at accelerating innovation in the digital asset landscape, focusing on stablecoin infrastructure and tokenization technology [3]. - AX Coin is being developed as a next-generation payment instrument to enhance cross-border payment efficiency and promote a compliant ecosystem [6]. - The launch of the Ferion RWA platform provides end-to-end digital asset solutions, including tokenization and compliance management [6]. Leadership Insights - The CEO of Solowin emphasized that the new ticker "AXG" embodies the company's vision and strategic direction, aiming to capture opportunities in the evolving digital finance landscape [3][4].