Solowin Holdings

SOLOWIN HOLDINGS has signed a financial and technological services agreement with ATTRUS US LLC to develop an ecosystem encompassing liquidity services, cross-border payment networks, and stablecoin fiat on/off-ramp services in Latin America, with an initial strategic focus on Mexico and Brazil. Under the agreement, SOLOWIN's indirect wholly-owned subsidiary Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure, and dual-token digital economic ecosystem with ATTRUS's established local financial networks and fiat settlement channels across the region. The collaboration aims to reduce frictional costs and processing latencies for cross-border trade and capital settlement, jointly establish a seamless fiat-to-stablecoin exchange channel tailored for the Latin American market, and explore the integration of intelligent technologies and blockchain to provide next-generation digital financial infrastructure for sectors including embedded finance, cross-border e-commerce, and Web3 businesses. SOLOWIN HOLDINGS expects to roll out cross-border and stablecoin on/off-ramp services for global and local clients in Latin America in the near future, building upon its steady progress in the Asia-Pacific and Middle East markets.

AX Coin Bahrain, a subsidiary of SOLOWIN HOLDINGS, has signed a non-binding Memorandum of Understanding with Bank of Bahrain and Kuwait to explore the development of regulated stablecoin infrastructure for institutional payments, treasury operations, and cross-border settlement. The collaboration will assess use cases across institutional payments, remittances, and cross-border settlement, combining BBK's banking expertise with AX Coin's licensed digital asset infrastructure. The partnership aims to create secure, compliant, and scalable financial solutions for banks, financial institutions, fintechs, and corporate clients. SOLOWIN HOLDINGS, listed on Nasdaq under the ticker AXG, operates a dual-token digital economy platform spanning stablecoin issuance, asset tokenization, and AI-powered services.