Solowin Holdings (NASDAQ: AXG) is advancing its strategy to create a regulated, AI-native financial infrastructure platform that spans digital assets, high-performance AI computing, and quantum-enhanced financial modeling. The company provided an update on its progress, highlighting recent milestones that position it at the intersection of several transformative technologies.
Among the key developments, AXG has secured a full stablecoin issuance license through AX Coin Bahrain B.S.C. (c) from the Central Bank of Bahrain, along with Sharia-compliant stablecoin certification. This regulatory approval allows the company to issue stablecoins in a fully compliant manner, potentially expanding its reach in the growing digital asset market.
Additionally, the company launched AXG Digital, which is targeting more than 100 MW of operational AI and high-performance computing (HPC) capacity by 2028. The development pipeline exceeds 1 GW of potential capacity, indicating significant scale and ambition in the AI infrastructure space. This move aligns with the increasing demand for computing power to support AI applications.
AXG is also expanding its AI technology stack through KOVAR and its AGENPAY initiative for intelligent, agent-driven payments. In September, indirect wholly owned subsidiary AlloyX (Hong Kong) Limited entered into a non-binding Memorandum of Understanding (MOU) with EvolveQ Limited to explore the integration of quantum computing, AI, and HPC for financial and digital-asset applications. This includes next-generation AI wealth-management infrastructure and quantum-powered cross-asset and portfolio optimization.
These initiatives are part of AXG’s broader effort to create an integrated ecosystem connecting regulated finance, digital assets, payments, tokenization, wealth management, and institutional financial services. The company aims to empower global institutions and investors to capitalize on the rapid growth of the dual-token economy.
Solowin Holdings, established in 2016, operates under the mission “Mobilizing Tokens 24/7” and combines blockchain and artificial intelligence technologies to run 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. Its integrated ecosystem includes brands such as AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR.
For more information, visit the Company’s website at https://www.alloyx.com or Investor Relations webpage at https://ir.alloyx.com. The full press release can be viewed at https://ibn.fm/46THX.
The latest news and updates relating to AXG are available in the company’s newsroom at https://ibn.fm/AXG.
