Solowin Holdings Partners with CITIC for Saudi Arabia Digital Infrastructure Development.

Solowin Holdings, a leading financial services firm, has entered a Memorandum of Understanding with CITIC Contracting Company to co-develop next-generation digital infrastructure in Saudi Arabia. The collaboration aims to bridge the gap between the private real estate market and investor demand for diversified yield-generating alternatives. Solowin's technology-driven platform will be integrated with CITIC's real estate investment expertise to address the growing demand for real-world asset tokenization in the Middle East market.

Solowin Holdings, a leading financial services firm, has entered a Memorandum of Understanding (MOU) with CITIC Contracting Company to co-develop next-generation digital infrastructure in Saudi Arabia. The collaboration aims to bridge the gap between the private real estate market and investor demand for diversified yield-generating alternatives. Solowin's technology-driven platform will be integrated with CITIC's real estate investment expertise to address the growing demand for real-world asset (RWA) tokenization in the Middle East market.

The three-year MOU, announced on August 20, 2025, will initially focus on data science, commercial real estate, and logistics parks [2]. This partnership aligns with Saudi Vision 2030’s digital transformation goals, as noted by Peter Lok, CEO of Solowin. By combining CITIC’s on-ground execution capabilities with Solowin’s regulated stablecoin infrastructure, the collaboration creates a blueprint for modernizing traditional assets [1].

CITIC Contracting Company, a subsidiary of China CITIC Group, has been ranked among the top 250 global contractors by Engineering News-Record for several years [1]. The detailed investment terms of the MOU will be formalized in subsequent binding agreements. This collaboration follows Solowin’s recent initiatives in Web3 finance, which include a series of strategic initiatives and financial developments [1].

Solowin Holdings, founded in 2016, operates through Hong Kong Securities and Futures Commission licensed subsidiaries with digital asset capabilities. The company provides services across traditional finance and real-world asset tokenization. According to InvestingPro analysis, the stock currently trades above its Fair Value, with additional insights available through InvestingPro’s comprehensive financial health scoring system [1].

References:
[1] https://www.investing.com/news/company-news/solowin-holdings-signs-mou-with-citic-for-saudi-digital-infrastructure-93CH-4202154
[2] https://www.globenewswire.com/news-release/2025/08/20/3136348/0/en/SOLOWIN-Enters-Saudi-Market-to-Drive-Web3-and-Data-Science-Through-CITIC-Partnership.html