Solowin Holdings and Singapore Gulf Bank Partner on Stablecoin Infrastructure

Solowin Holdings (NASDAQ: AXG) has taken a significant step toward bridging the digital asset ecosystems of Asia and the Middle East. The company announced that its subsidiary, AX Coin Bahrain, has signed a non-binding memorandum of understanding (MoU) with Singapore Gulf Bank (SGB). This collaboration aims to develop robust stablecoin infrastructure, enhance cross-border payments, and launch digital asset initiatives that cater to corporate and institutional clients across both regions. The agreement outlines plans to integrate AX Coin’s compliant stablecoin platform with SGB’s banking and payment networks, focusing on creating cross-border settlement solutions, digital asset treasury frameworks, and institutional-grade payment rails.

Solowin Holdings, established in 2016, is a regulated fintech company that combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. Its core business pillars include Digital Asset Tokens and AI Tokens, with offerings spanning stablecoin issuance and payments, asset tokenization, securities trading, asset management, and AI-powered services such as cloud infrastructure, Know-Your-Agent verification, and token router. The company’s integrated ecosystem includes brands like AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, empowering global institutions and investors to capitalize on the dual-token economy. This partnership with Singapore Gulf Bank marks a pivotal move to expand its footprint in the Middle East and Asia.

For investors seeking the latest updates, news and updates relating to AXG are available in the company’s newsroom at https://ibn.fm/AXG. The full press release can also be accessed at https://ibn.fm/9KHZT. This development underscores the growing importance of regulated stablecoin infrastructure and cross-border payment solutions in the evolving digital asset landscape.