Blockchain Registration Transaction Record

Solowin Holdings Acquires Gello Finance for Canadian MSB License, Expands into North America

Solowin Holdings (AXG) acquires Gello Finance to obtain a Canadian MSB license, enabling regulated forex, crypto, and payment services in North America as part of its global fintech expansion.

This acquisition represents a significant development in the convergence of traditional finance and digital assets. For investors and financial institutions, Solowin's entry into North America with a regulated MSB license creates new, compliant avenues for accessing foreign exchange, cross-border payments, and virtual currency services. It signals growing institutional acceptance of digital assets within established regulatory frameworks, potentially increasing market stability and trust. For the broader fintech ecosystem, this move accelerates competition and innovation in payment processing and asset tokenization, offering more integrated solutions for global commerce. As regulatory clarity improves in key markets like Canada, such expansions pave the way for safer, more efficient digital financial services that could lower costs and increase accessibility for businesses and consumers alike.