AXG News & Events

Solowin and SC Ventures formalized their partnership with the signing of a non-binding MoU at the inaugural Global Web 4.0 - AI and Digital Assets Innovation conference in Hong Kong Cyberport. Under this partnership, AXG and SC Ventures will jointly incubate Agenpay, an AI-powered payments initiative aimed at advancing innovation in intelligent payment systems. The collaboration will focus on developing core API retrieval capabilities and payment routing infrastructure, alongside integration of ecosystem proof-of-concepts.

Revenue increased nearly tenfold year over year to between $27M-$29M for the fiscal year ended March 31, 2026. Net loss was in the range of ($11M)-($13M), reflecting continued investment in technology, compliance, and global business expansion. Lok Ling Ngai, Chief Executive Officer and Chairman of Solowin, stated: "Fiscal 2026 marks a transformative year for SOLOWIN. Achieving tenfold revenue growth represents more than a financial milestone, it validates the strength of our dual-token strategy and underscores the accelerating global demand for compliant, institutional-grade digital asset infrastructure. We are uniquely positioned at the convergence of three structural shifts reshaping our industry: the advancement of regulatory frameworks, the rapid adoption of tokenization, and the integration of AI with blockchain technologies. Guided by our mission 'Mobilizing Tokens 24/7,' we are building a secure, efficient, and fully regulated digital financial ecosystem. Over the past year, we have significantly strengthened and expanded our stablecoin and payment infrastructure, scaled our asset tokenization capabilities, and enhanced our AI-powered services. Together, these efforts reinforce and deepen our licensed platform advantages across Hong Kong, Bahrain, and other key global markets."

Solowin (AXG) announced a partnership with Taobao Shangou, a subsidiary of Alibaba Group (BABA) and Hangzhou Bossen, to implement an innovative model integrating "high-quality carbon assets + consumer platform incentives + on-chain carbon credit circulation." This initiative establishes a replicable pathway for scaling carbon assets applications and advancing inclusive carbon reduction. Within the partnership framework, Hangzhou Bossen supplies high-quality carbon assets to Alibaba Group's food delivery platform, Taobao Shangou, where carbon benefits are embedded into the platform's incentive system. Through AXG's Ferion system, these benefits are then allocated to Taobao Shangou users as rewards based on their carbon reduction behaviors, such as opting for green delivery or making low-carbon product choices, thereby encouraging consumers to participate in emission reduction through everyday consumption.

Solowin announced that it is advancing expansion into two major East Asian markets-Korea and Japan, as a part of its ongoing strategy to further enhance its global digital asset business layout and regional market penetration. This initiative aims to fully explore growth opportunities in the region's compliant digital asset sector. Dr. Thomas Zhu, Co-Founder and Chief Executive Officer of AlloyX Group, a subsidiary of AXG, commented: "Our expansion into Korea and Japan represents both a crucial step in executing our globalization strategy, and a core move in our systematic effort to build a regional, compliance-focused bridge between traditional finance and blockchain innovation. This marks a new phase of AXG's global development strategy, characterized by rapid execution and in-depth cultivation. Moving forward, we will continue to leverage our compliance advantages and technical capabilities to unlock the vast potential of the East Asian digital asset markets."