Solowin Holdings Partners With CITIC to Develop Digital Infrastructure in Saudi Arabia
TL;DR
Solowin's partnership with CITIC offers investors a competitive edge through access to yield-generating digital infrastructure projects in Saudi Arabia's growing market.
The three-year agreement integrates Solowin's technology platform with CITIC's real estate expertise to develop data science and logistics parks using asset tokenization methods.
This collaboration bridges private real estate with investor demand, fostering economic development and modern infrastructure growth across the Middle East region.
Solowin and CITIC are co-developing digital infrastructure in Saudi Arabia, showcasing how traditional finance merges with Web3 through real-world asset tokenization.
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Solowin Holdings (NASDAQ: SWIN), a financial services firm focused on traditional and digital assets, announced that its US dollar-denominated fund Solomon Capital SP has signed a memorandum of understanding with CITIC Contracting Company to co-develop digital infrastructure projects in Saudi Arabia. The three-year agreement will target data science, commercial real estate and logistics parks, aiming to bridge private real estate with investor demand for yield-generating alternatives.
The collaboration integrates Solowin's technology-driven platform with CITIC's real estate expertise to address rising demand for real-world asset tokenization across the Middle East. This partnership represents a significant step in the region's digital transformation efforts, particularly in Saudi Arabia where Vision 2030 initiatives are driving infrastructure modernization and economic diversification.
Solowin operates a robust Web3 Infrastructure Division through its Hong Kong Securities and Futures Commission licensed subsidiaries with full digital asset capabilities. The company delivers compliance traditional finance, real-world asset tokenization, and global digital payment solutions through its self-developed, vertically integrated, enterprise-grade platform. Additional information about the company is available at https://ibn.fm/SWIN.
The digital infrastructure development in Saudi Arabia comes at a time when Middle Eastern markets are experiencing rapid growth in demand for tokenized real-world assets. This partnership positions both companies to capitalize on the region's expanding digital economy while providing investors with new opportunities in yield-generating alternatives through tokenization technology.
The memorandum of understanding signifies a strategic alignment between traditional financial services and emerging digital asset technologies, potentially setting a precedent for similar collaborations in other emerging markets. The focus on data science, commercial real estate and logistics parks addresses critical infrastructure needs while creating investment opportunities in sectors fundamental to economic development.
Curated from InvestorBrandNetwork (IBN)
