Solowin Holdings acquired AlloyX for $350M and integrated it into its Hong Kong-based digital asset ecosystem.
2 reports, 2 independent
Updated Sep 1
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Solowin Holdings acquired AlloyX for $350M and integrated it into its Hong Kong-based digital asset ecosystem.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.MOU signed between Solowin/AlloyX to co-develop financial models using AI and Quantum tech.1 source
The acquisition of AlloyX is a specific step in Solowin's strategy to build a regulated digital asset bridge in Hong Kong.1 source
Keep exploring
The entities involved
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Hong Kong
city and special administrative region of China
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Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
Coverage
Newest first; wire copies grouped- manilatimes.net
- CoinDeskSolowin Closes $350M AlloyX Deal to Expand Stablecoin Infrastructure in Emerging Markets Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million