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SOLOWIN Invests in Leading Web 3 Media Outlet ME Group
Globenewswireยท 2025-08-26 12:30
Core Insights - Solowin Holdings has made a strategic investment in MetaEra, now rebranded as ME, a prominent Web 3 industry news platform focused on brand growth strategies [1][3] - The Pre-Series A funding round was co-led by Fenbushi Inc. and Hashkey Capital, with participation from Solowin and other institutional investors [1] Company Overview - Solowin Holdings (NASDAQ: SWIN) is a leading global financial services firm that operates in both traditional and Web 3 industries, established in 2016 [4] - The company has developed a full-spectrum ecosystem that bridges traditional finance and decentralized finance, leveraging its licensed subsidiaries for digital asset capabilities [4] ME's Business Model - ME operates three core business divisions: media services (ME Media), event planning (ME Event), and AI-driven data services (ME AI) [2] - The newly launched platform CoinFound offers innovative solutions such as real-world asset pricing data, on-chain analytics, and AI-generated research reports [2] Strategic Alignment - The investment in ME aligns with Solowin's focus on building a digital finance ecosystem, enhancing transparency and professionalization in Web 3 financial information [3] - Proceeds from the funding round will be allocated to AI technology development and global market expansion for ME [3]