Curated News
By: NewsRamp Editorial Staff
August 11, 2025
Solowin's Subsidiary Hits $100M in Transactions with Licensed Crypto Services
TLDR
- Solowin's subsidiary Solomon achieves a $100M transaction milestone, offering a competitive edge in regulated fiat-to-digital asset services in Hong Kong.
- Solomon's platform adheres to Hong Kong's strict compliance standards, ensuring secure asset custody, AML/KYC, and market integrity with cold storage solutions.
- Solowin's expansion into digital asset services fosters financial innovation, enhancing global investment opportunities and supporting the next generation of investors.
- Discover how Solowin is pioneering the integration of traditional and virtual asset trading with its Solomon VA+ app in Hong Kong.
Impact - Why it Matters
This news highlights the growing acceptance and regulation of virtual assets in major financial hubs like Hong Kong, signaling a significant shift towards integrating digital assets into mainstream finance. For investors and financial service providers, Solowin's achievements and future plans represent emerging opportunities in the digital asset space, including stablecoins, DeFi, and asset tokenization, which could redefine investment strategies and financial services globally.
Summary
Solowin (NASDAQ: SWIN), a leading financial services firm, has achieved a significant milestone with its subsidiary Solomon JFZ (Asia) Holdings Limited processing $100 million in total transaction volume since launching licensed coin-in and coin-out services in Hong Kong. This achievement underscores Solomon's compliance with Hong Kong's stringent regulatory standards, including asset custody, AML/KYC, and market integrity requirements. Solowin is poised to expand its services, including partnerships with global stablecoin issuers and exploration into institutional staking products, real-world asset tokenization, and institutional-grade DeFi solutions. For more details, visit the full press release.
Solowin Holdings offers a comprehensive suite of financial services, bridging traditional and virtual assets for high-net-worth and institutional investors worldwide. Its subsidiary, Solomon, is among Hong Kong's first regulated virtual asset service providers, offering an advanced platform, Solomon VA+, that integrates traditional and virtual asset trading with wealth management services. Discover more at Solowin's website.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Solowin's Subsidiary Hits $100M in Transactions with Licensed Crypto Services
