SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its indirect wholly owned subsidiary, Gello Finance Ltd., has signed a financial and technology services agreement with ATTRUS US LLC to jointly develop liquidity services, cross-border payment networks and stablecoin fiat on/off-ramp capabilities across Latin America, initially targeting Mexico and Brazil. The collaboration aims to reduce friction in cross-border payments and advance digital financial infrastructure for sectors including embedded finance, cross-border e-commerce and Web3.
Under the agreement, Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure and dual-token digital ecosystem with ATTRUS’s established local financial networks and fiat settlement channels. This integration is expected to enable stablecoin conversion services for regional users and businesses, providing a bridge between digital assets and traditional fiat currencies.
The partnership marks a strategic expansion for SOLOWIN HOLDINGS following its progress in the Asia-Pacific and Middle East regions. Technical integration and product deployment are already underway for future Latin American service launches. By leveraging ATTRUS’s local expertise, SOLOWIN aims to tap into the growing demand for digital payment solutions in Latin America, where cross-border transactions often face inefficiencies.
The implications of this announcement are significant for the region. Businesses and consumers in Mexico and Brazil could benefit from faster, cheaper, and more reliable cross-border payments. The development of stablecoin conversion services may also facilitate greater access to digital financial tools, potentially fostering financial inclusion. For the broader fintech industry, this collaboration underscores the increasing convergence of blockchain technology and traditional financial systems, signaling a shift toward more integrated digital economies.
SOLOWIN HOLDINGS (Nasdaq: AXG) is a global regulated fintech company established in 2016 that combines blockchain and artificial intelligence technologies to operate a 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. The company’s integrated ecosystem includes AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR.
For more information about the full press release, visit https://ibn.fm/prEL2. Additional details about SOLOWIN HOLDINGS can be found at https://www.alloyx.com or its Investor Relations webpage at https://ir.alloyx.com.
