AXG News & Events

Solowin Holdings announced that AX Coin Bahrain, the company's stablecoin issuance entity and a key subsidiary, has signed a non-binding memorandum of understanding with The Benefit Company. "This strategic MOU with BENEFIT represents a defining step in shaping the future of payments in the region. By combining a national payments backbone with stablecoin-powered infrastructure, we are creating a platform that can seamlessly connect local economies to global financial networks," said Xavier George, managing director of AlloyX Limited and CEO of AX Coin

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."