Solowin Holdings (NASDAQ: AXG) announced its subsidiary AX Coin Bahrain has signed a non-binding memorandum of understanding 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 aims to leverage the strengths of both entities to advance digital financial services in key markets.
Solowin Holdings is a global regulated fintech company established in 2016, combining 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.
Through its integrated ecosystem, including AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy. The collaboration with Singapore Gulf Bank is expected to enhance cross-border payment efficiency and provide institutional-grade digital asset solutions.
To view the full press release, visit https://ibn.fm/9KHZT. For more information about Solowin Holdings, visit the company’s website at https://www.alloyx.com or 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.
