SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its indirect wholly owned subsidiary, Gello Finance Ltd., has signed a financial and technology services agreement with ATTRUS US LLC to jointly develop liquidity services, cross-border payment networks and stablecoin fiat on/off-ramp capabilities across Latin America, initially targeting Mexico and Brazil. Under the agreement, Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure and dual-token digital ecosystem with ATTRUS’s established local financial networks and fiat settlement channels.
The collaboration aims to reduce friction in cross-border payments, develop stablecoin conversion services for regional users and businesses, and advance digital financial infrastructure for sectors including embedded finance, cross-border e-commerce and Web3. This agreement supports SOLOWIN's global expansion strategy following progress in the Asia-Pacific and Middle East regions, with technical integration and product deployment already underway for future Latin American service launches.
The partnership is significant as it leverages SOLOWIN's advanced blockchain and AI technologies combined with ATTRUS's local expertise to address key challenges in Latin American financial systems, such as high remittance costs and limited access to digital financial services. By targeting Mexico and Brazil, two of the largest economies in the region, the initiative could enhance financial inclusion and streamline cross-border transactions for businesses and individuals.
For more details, view the full press release at https://ibn.fm/prEL2.
About SOLOWIN HOLDINGS: SOLOWIN HOLDINGS (Nasdaq: AXG) is a leading global regulated fintech company established in 2016, combining blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. 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, visit the Company’s website at https://www.alloyx.com or Investor Relations webpage at https://ir.alloyx.com.
