SOLOWIN HOLDINGS
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SOLOWIN HOLDINGS Announces up to US$100M Financing Agreement with Streeterville Capital to Support Global Digital Asset Strategy
Globenewswire· 2026-02-12 00:40
Core Viewpoint - SOLOWIN HOLDINGS (Nasdaq: AXG) has entered into a securities purchase agreement with Streeterville Capital, LLC for up to US$100 million in financing, aimed at supporting the expansion of its stablecoin and asset tokenization businesses, as well as advancing R&D in AI and blockchain security technologies [1][2][3] Group 1: Financing Details - The agreement allows for the issuance and sale of pre-paid purchases totaling up to US$100 million, with an initial purchase of approximately US$5.415 million already completed [1] - Additional pre-paid purchases can occur upon mutual consent between the parties involved [1] Group 2: Company Strategy and Market Position - AXG is recognized as a leading integrated digital asset service platform, emphasizing its robust operational system and sustainable growth potential [2] - The financing reflects market confidence in AXG's long-term value and development prospects, particularly in the global stablecoin ecosystem and asset tokenization [2][3] Group 3: Leadership Insights - The CEO of AXG highlighted that the collaboration with Streeterville provides solid capital support and demonstrates market recognition of the company's compliance capabilities and stablecoin strategy [3] - The CEO also emphasized the potential of the global stablecoin market, where compliance and infrastructure are seen as core competitive advantages [3] Group 4: Company Overview - SOLOWIN HOLDINGS focuses on digital currency payments and asset tokenization, aiming to bridge traditional and decentralized finance [4] - The company operates through a multi-jurisdictional, vertically integrated platform that includes global stablecoin payments and tokenization services [4]
SOLOWIN HOLDINGS Announces up to US$100M Financing Agreement with Streeterville Capital to Support Global Digital Asset Strategy
Globenewswire· 2026-02-12 00:40
Core Viewpoint - SOLOWIN HOLDINGS (Nasdaq: AXG) has entered into a securities purchase agreement with Streeterville Capital, LLC for up to US$100 million in financing, aimed at expanding its stablecoin and asset tokenization businesses, advancing R&D in AI and blockchain security, and funding global market expansion [1][2][3] Group 1: Financing Details - The agreement allows for the issuance and sale of pre-paid purchases totaling up to US$100 million, with an initial purchase of approximately US$5.415 million already completed [1] - Additional pre-paid purchases can occur upon mutual consent between the parties involved [1] Group 2: Company Strategy and Market Position - AXG is recognized as a leading integrated digital asset service platform, emphasizing its robust operational system and sustainable growth potential [2] - The financing reflects market confidence in AXG's long-term value and development prospects, particularly in the global stablecoin ecosystem and asset tokenization [2][3] Group 3: Leadership Insights - The CEO of AXG highlighted that the collaboration with Streeterville provides solid capital support and demonstrates market recognition of the company's compliance capabilities and stablecoin strategy [3] - The CEO also emphasized the potential of the global stablecoin market, where compliance and infrastructure are seen as core competitive advantages [3] Group 4: Company Overview - SOLOWIN HOLDINGS focuses on digital currency payments and asset tokenization, aiming to bridge traditional and decentralized finance [4] - The company operates through a multi-jurisdictional, vertically integrated platform that includes global stablecoin payments and tokenization services [4]
SOLOWIN HOLDINGS Collaborates with Alibaba Taobao Shangou and Hangzhou Bossen to Advance Inclusive Carbon Reduction via Blockchain
Globenewswire· 2026-02-06 21:30
Hong Kong, Feb. 06, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced a partnership with Taobao Shangou,a subsidiary of Alibaba Group and Hangzhou Bossen, to implement an innovative model integrating “high-quality carbon assets + consumer platform incentives + on-chain carbon credit circulation.” This initiative establishes a replicable pathway for scaling carbon assets applications a ...
AXG Accelerates Expansion into Digital Asset Markets in Korea and Japan
Globenewswire· 2026-02-05 12:30
Core Viewpoint - SOLOWIN HOLDINGS (Nasdaq: AXG) is expanding into Korea and Japan to enhance its global digital asset business and explore growth opportunities in the compliant digital asset sector in East Asia [1][4] Group 1: Expansion Strategy - The company is pursuing key business licenses in Korea through a cooperative partnership model while strengthening its localized operational infrastructure [2] - In Japan, AXG is deepening its presence through its subsidiaries AX Coin Japan and AlloyX Japan, focusing on meeting regulatory requirements set by Japan's Financial Services Agency (FSA) [3] Group 2: Technical and Compliance Focus - AXG is leveraging its Ferion platform's technical strengths to enhance compliance control and service adaptation in Korea, aiming to launch stablecoin and diversified digital asset services [2] - The company emphasizes building a compliance-focused bridge between traditional finance and blockchain innovation as part of its globalization strategy [4] Group 3: Company Overview - SOLOWIN HOLDINGS is a leading financial technology firm focused on digital currency payments and asset tokenization, founded in 2016 [5] - The company operates a multi-jurisdictional, vertically integrated financial platform that includes global stablecoin payments and tokenization services, backed by international institutional investors [5]
SOLOWIN HOLDINGS’s AX Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of Bahrain
Globenewswire· 2026-01-28 13:57
Core Insights - SOLOWIN HOLDINGS has received an In-Principle Approval letter for a stablecoin license from the Central Bank of Bahrain for its subsidiary AX Coin, pending final regulatory approval [1][2] Company Overview - SOLOWIN HOLDINGS (NASDAQ: AXG) is a leading financial technology firm established in 2016, focusing on bridging traditional and decentralized finance through secure and compliant financial infrastructure [2] - The company operates through its subsidiaries, including AlloyX Group and AX Coin, and offers integrated digital asset solutions for global investors and institutions [2] - The firm is backed by prominent international institutional investors and aims to manage compliant and transparent digital assets closely linked to the real economy [2] Strategic Goals - The company aims to launch a compliant stablecoin within the regulatory framework and expand AlloyX Group's stablecoin ecosystem across the Middle East and Africa (MEA) region and beyond [2]
SOLOWIN HOLDINGS's AX Coin Becomes the First Stablecoin Issuer Granted In-Principle License Approval from the Central Bank of Bahrain
Globenewswire· 2026-01-28 13:57
Core Insights - SOLOWIN HOLDINGS has received an In-Principle Approval letter for a stablecoin license from the Central Bank of Bahrain for its subsidiary AX Coin, pending final regulatory approval [1][2] Company Overview - SOLOWIN HOLDINGS (NASDAQ: AXG) is a leading financial technology firm established in 2016, focusing on bridging traditional and decentralized finance through secure and compliant financial infrastructure [2] - The company operates through its subsidiaries, including AlloyX Group and AX Coin, and offers integrated digital asset solutions for global investors and institutions [2] - The firm is backed by prominent international institutional investors and aims to manage compliant and transparent digital assets that are closely linked to the real economy [2] Strategic Goals - The company aims to launch a compliant stablecoin within the regulatory framework and expand AlloyX Group's stablecoin ecosystem across the Middle East and Africa (MEA) region and beyond [2]
SOLOWIN HOLDINGS Collaborates with Quantum and Time Group to Advance Malaysia’s New Energy Sector and Promote Compliant Green Asset Tokenization
Globenewswire· 2026-01-23 13:00
Core Viewpoint - SOLOWIN HOLDINGS (NASDAQ: AXG) has announced a strategic partnership with Quantum and Time Group (QTG) to focus on the tokenization of revenue rights from QTG's new energy projects in Malaysia, aiming to integrate green assets with digital finance and support the energy transition in the ASEAN region [1][2][4] Company Overview - SOLOWIN HOLDINGS is a financial technology firm specializing in bridging traditional and digital assets, with a focus on digital currency payments and asset tokenization [8] - The company operates through its subsidiary AlloyX, which is involved in the partnership with QTG [1][8] Partnership Details - The collaboration will leverage Malaysia's regulatory framework for asset tokenization to develop a benchmark project that combines green assets with digital finance [2][4] - QTG's strengths include ownership of tangible assets and stable cash flows from its solar and green power projects, which align with Malaysia's goal of achieving 70% renewable energy generation by 2050 [3][4] Market Context - The partnership coincides with a critical phase in Malaysia's real-world asset market, driven by regulatory clarity and compliance priorities [4] - The initiative aims to transform sustainable green energy assets into transparent digital financial products, providing liquidity and regulatory compliance for global investors [4] Strategic Goals - The collaboration seeks to attract long-term, sustainable capital to support the energy transition and development of a low-carbon economy in the ASEAN region [5] - AXG aims to establish a benchmark for collaboration between Chinese and Malaysian enterprises in green finance and the digital economy [5]
SOLOWIN HOLDINGS Collaborates with Quantum and Time Group to Advance Malaysia's New Energy Sector and Promote Compliant Green Asset Tokenization
Globenewswire· 2026-01-23 13:00
Core Viewpoint - SOLOWIN HOLDINGS (NASDAQ: AXG) has announced a strategic partnership with Quantum and Time Group (QTG) to focus on the tokenization of revenue rights from QTG's new energy projects in Malaysia, aiming to integrate green assets with digital finance and support the energy transition in the ASEAN region [1][2][4]. Company Overview - SOLOWIN HOLDINGS is a financial technology firm specializing in digital currency payments and asset tokenization, aiming to bridge traditional and decentralized finance [8]. - The company operates through its subsidiary AlloyX, which is involved in the partnership with QTG [1][8]. Partnership Details - The collaboration will leverage Malaysia's regulatory framework for asset tokenization to develop a benchmark project that combines green assets with digital finance [2][4]. - QTG is recognized for its ownership of tangible assets and stable cash flows, particularly in solar and green power projects, aligning with Malaysia's goal of achieving 70% renewable energy generation by 2050 [3][4]. Market Context - The partnership coincides with a growing focus on regulatory clarity in Malaysia's real-world asset market, aiming to transform sustainable green energy assets into compliant digital financial products [4]. - This initiative is expected to create a regulated pathway for global investors to engage in ASEAN's green economy, channeling sustainable capital into Malaysia's new energy projects [4]. Strategic Goals - The collaboration aims to enhance operational efficiency and investor trust through the use of smart contracts and on-chain transparency [3][4]. - The partnership is positioned as a significant step in exploring compliant structures for the digitalization of economic rights from renewable energy projects, with a focus on attracting long-term capital for energy transition [5].
SOLOWIN HOLDINGS Acquires Canadian MSB License, Securing Compliant Access to North American Markets
Globenewswire· 2026-01-13 13:00
Core Viewpoint - SOLOWIN HOLDINGS (NASDAQ: AXG) intends to acquire Gello Finance Ltd. through its subsidiary AlloyX to obtain a Canadian Money Services Business (MSB) license, facilitating its entry into North American markets and supporting its global expansion strategy [1][2]. Group 1: Acquisition and Licensing - The acquisition of Gello Finance Ltd. will enable AXG to secure a Canadian MSB license, allowing the company to conduct various financial services in North America, including foreign exchange transactions and virtual currency services [1][2]. - The MSB license will formally establish AXG's presence in North America's regulated financial and digital asset ecosystems, enhancing its service offerings [2]. Group 2: Strategic Importance - Dr. Thomas Zhu, Director of AXG, emphasized that obtaining the MSB license demonstrates the company's commitment to compliance with global standards, particularly in OECD jurisdictions, and will enhance its capabilities in facilitating fiat and cryptocurrency conversions [3]. - This strategic foothold is expected to significantly expand AXG's market potential within the global digital finance landscape [3]. Group 3: Company Overview - SOLOWIN HOLDINGS is a leading financial technology firm focused on bridging traditional and decentralized finance, providing integrated digital asset solutions for global investors and institutions [4]. - The company operates through various subsidiaries, including AlloyX and Solomon JFZ (Asia) Holdings Limited, and aims to establish itself as a prominent global digital asset financial platform [4].
SOLOWIN HOLDINGS Reports Unaudited Financial Results for First Half of Fiscal Year 2026
Prnewswire· 2026-01-09 21:30
Financial Performance - Revenue increased by 453% year-over-year to $5.84 million for the first half of fiscal year 2026, compared to $1.06 million for the same period last year, driven primarily by digital assets-related services [1][4] - Net loss narrowed by 26% to $4.63 million from $6.26 million in the previous year, indicating improved operational efficiency [1][12] - Loss from operations decreased to $4.64 million from $6.26 million for the same period last year [10] Strategic Initiatives - The company executed a dual strategy of organic growth and strategic acquisitions, entering the Saudi Arabian market through a partnership with CITIC and establishing an operation center in Dubai [3] - A significant milestone was achieved with the $350 million acquisition of AlloyX, enhancing the company's global network of financial services and regulatory licenses [3] User and Asset Growth - Assets under management (AUM) grew to $820 million, with institutional clients increasing by 110% year-over-year to 120 [2] - Active users reached 16,000, reflecting the success of product innovations such as the Real Yield Token (RYT) and Tokenization-as-a-service solutions [2] Revenue Breakdown - Revenue from digital assets-related services surged to $5.18 million, accounting for 88% of total revenue, up from $15,000 in the same period last year [6] - Traditional financial services revenue decreased, with securities brokerage commissions falling to $13,000 from $75,000, attributed to lower trading activity in the U.S. market [5][8] Expense Overview - Total expenses increased to $10.49 million from $7.35 million, primarily due to higher general and administrative expenses and costs associated with virtual assets services [7] - Employee benefits expenses decreased significantly by 62% to $1.67 million, largely due to the absence of share-based compensation costs incurred in the previous year [17] Cash Flow and Financial Condition - Cash and cash equivalents increased to $8.78 million from $3.84 million as of March 31, 2025 [14] - Net cash used in operating activities was $4.44 million, compared to net cash provided of $0.78 million in the same period last year [15]