Solowin Holdings (NASDAQ: SWIN) has launched its Dubai Operations Center and initiated the application process for a Category 3C asset management license from the Dubai International Financial Centre. This strategic expansion follows the company's recent collaboration with CITIC Construction in Saudi Arabia and represents a significant step in establishing compliant financial services across the Middle East region.
The company has also signed a memorandum of understanding with a UAE-based enterprise to facilitate market entry through established client networks. The Dubai International Financial Centre was selected for its regulatory advantages, particularly its mutual recognition framework with Hong Kong's Securities and Futures Commission, which could streamline the approval process to as little as three months.
CEO Peter Lok stated that the new operational hub enhances connectivity between Middle Eastern and Asian markets, supporting Solowin's vision for a cross-regional digital financial silk road. The company operates through its Hong Kong Securities and Futures Commission licensed subsidiaries with full digital asset capabilities, maintaining a robust Web3 Infrastructure Division.
Through its vertically integrated, enterprise-grade platform developed in-house, Solowin delivers compliance traditional finance solutions, real-world asset tokenization, and global digital payment services. The company's expansion into Dubai positions it to better serve the evolving demands of the next-generation global economy while bridging traditional and decentralized finance ecosystems.
Additional information about the company's developments is available through its corporate communications at https://ibn.fm/SWIN. The Dubai expansion represents Solowin's continued commitment to reshaping global finance through seamless integration of Web3 and traditional financial systems across international markets.
