SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its AX Coin stablecoin subsidiary has signed a non-binding memorandum of understanding with INFINIOS to develop regulated wallet infrastructure and digital payment solutions aimed at accelerating stablecoin adoption across the Gulf region. The collaboration is expected to integrate AX Coin into INFINIOS’ payments infrastructure, enabling compliant custodial and non-custodial wallet solutions, multi-currency virtual accounts, fiat on/off ramps, and real-time cross-border settlement capabilities for institutional clients.
The move underscores growing institutional interest in stablecoins as a tool for efficient cross-border payments, particularly in the Gulf region where digital transformation initiatives are underway. By partnering with INFINIOS, AX Coin seeks to provide a compliant infrastructure that addresses regulatory requirements while offering the speed and cost benefits of blockchain-based transactions. The non-binding nature of the MOU indicates that the companies are still in early discussions, but the potential integration could position AX Coin as a key player in the region’s evolving digital payments landscape.
SOLOWIN HOLDINGS, established in 2016, operates a regulated dual-token digital economy super platform that combines blockchain and artificial intelligence technologies. Its mission, “Mobilizing Tokens 24/7,” drives its two core business pillars: Digital Asset Tokens and AI Tokens. The company’s 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. Through its integrated ecosystem, which includes AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.
The partnership with INFINIOS could provide AX Coin with access to a broader institutional client base, offering services that bridge traditional finance and digital assets. For the Gulf region, which includes countries like the United Arab Emirates and Saudi Arabia that are actively pursuing fintech innovation, a compliant stablecoin infrastructure could facilitate faster and cheaper remittances and trade settlements. This aligns with regional goals to reduce reliance on cash and enhance financial inclusion.
Investors and industry observers will be watching for further details on the partnership, including the timeline for development and any regulatory approvals needed. The success of this initiative could set a precedent for stablecoin adoption in regulated markets outside of the Gulf region as well. For more information about SOLOWIN HOLDINGS, visit the Company’s website at https://www.alloyx.com or its Investor Relations webpage at https://ir.alloyx.com.
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