Solowin Holdings subsidiary reaches $100mln transaction volume milestone in Hong Kong.

Monday, Aug 11, 2025 8:07 am ET1min read

Solowin Holdings, a leading financial services firm, announced that its subsidiary Solomon has processed $100 million in transactions since launching its operational coin-in and coin-out services. This milestone follows Solomon's licensing achievements from the Hong Kong Securities and Futures Commission, enabling regulated coin-in/coin-out functionality and securely connecting fiat and digital asset ecosystems. Solowin's strategic expansion aims to bridge traditional finance and decentralized finance.

Solowin Holdings, a leading financial services firm, has announced that its subsidiary Solomon has processed $100 million in transactions since launching its operational coin-in and coin-out services. This milestone follows Solomon's licensing achievements from the Hong Kong Securities and Futures Commission (SFC), enabling regulated coin-in/coin-out functionality and securely connecting fiat and digital asset ecosystems [1].

The achievement underscores the strategic significance of Solomon's recent licensing from the SFC, positioning the company in Hong Kong's growing virtual asset market. The licensing allows Solomon to provide regulated coin-in/coin-out services, bridging the gap between traditional and decentralized finance [1].

Solowin's platform features robust security measures, including multi-layer custody technology, comprehensive AML/KYC compliance, and strict operational oversight. These measures address key regulatory concerns and ensure the secure handling of client assets [1]. Solomon's platform is designed to fully comply with the SFC's rigorous requirements, including adopting secure, multi-layer custody technology with a significant majority of client assets held in cold storage, integrating robust RegTech solutions for customer due diligence, transaction screening, and Travel Rule adherence, and ensuring segregation of client funds and real-time monitoring tools [1].

Solowin's strategic expansion aims to capitalize on its position within Hong Kong's rapidly developing regulatory framework for virtual assets. The company plans to leverage its first-mover advantage in SFC-licensed services, deepen partnerships with global stablecoin issuers to enhance real-time, cross-border payment solutions, and explore the launch of institutional staking products and other regulated, on-chain yield-generating strategies to meet institutional demand for compliant digital asset returns [1].

Peter Lok, CEO of Solowin, commented, "Hong Kong is rapidly emerging as Asia’s hub for compliant virtual assets, and Solomon’s regulatory advantages position us to provide institutional investors with secure, efficient digital asset on-ramps. Moving forward, we will continue expanding into real-world asset (RWA) tokenization and institutional-grade decentralized finance (DeFi) solutions to drive convergence between traditional finance and blockchain technology" [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/11/3130846/0/en/SOLOWIN-Expands-Virtual-Asset-Services-with-Key-License-and-Reports-Significant-Transactional-Volume-Growth.html

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