Solowin Holdings (NASDAQ: AXG) announced that its subsidiary, AX Coin Bahrain, has signed a non-binding memorandum of understanding (MOU) with Singapore Gulf Bank (SGB) to collaborate on stablecoin infrastructure, cross-border payments, and digital asset initiatives across Asia and the Middle East. The agreement outlines plans to integrate AX Coin’s compliant stablecoin platform with SGB’s banking and payment networks, including development of cross-border settlement solutions, digital asset treasury frameworks, and institutional-grade payment rails for corporate and institutional clients.
This partnership marks a strategic move to bridge digital asset ecosystems in two key regions. By combining AX Coin’s regulated stablecoin platform with SGB’s banking infrastructure, the collaboration aims to enhance efficiency and accessibility in cross-border transactions. The initiative could potentially reduce transaction costs and settlement times for businesses operating across Asia and the Middle East, regions with growing demand for digital payment solutions.
Solowin Holdings, established in 2016, is a global regulated fintech company that combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. The company focuses on tokenization and operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.
For more information on the full press release, visit https://ibn.fm/9KHZT. To learn more about Solowin Holdings, visit the company’s website at https://www.alloyx.com or its Investor Relations webpage at https://ir.alloyx.com. The latest news and updates relating to AXG are available in the company’s newsroom at https://ibn.fm/AXG.
