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 the development of cross-border settlement solutions, digital asset treasury frameworks, and institutional-grade payment rails for corporate and institutional clients.
This partnership underscores the growing convergence between traditional banking and digital asset ecosystems. By combining AX Coin’s expertise in stablecoin issuance and compliance with SGB’s established banking infrastructure, the collaboration aims to streamline cross-border transactions and provide secure, efficient payment solutions. The MOU, while non-binding, signals a strategic alignment that could accelerate the adoption of digital assets in regulated financial environments.
For more details, the full press release is available at https://ibn.fm/9KHZT.
Solowin Holdings, established in 2016, is a global regulated fintech company that combines blockchain and artificial intelligence technologies. It operates a fully compliant dual-token digital economy super platform under the mission “Mobilizing Tokens 24/7.” 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, which includes AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, the company empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy. More information is available on 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.
