Solowin Holdings to trade under new ticker symbol "AXG" on Nasdaq.
ByAinvest
Thursday, Oct 9, 2025 8:33 am ET1min read
SWIN--
The new ticker symbol "AXG" signifies Solowin's commitment to building critical infrastructure for asset tokenization and global digital payments. The company's wholly-owned subsidiary, Solomon JFZ (Asia) Holding Limited, has received full upgraded crypto licenses from the Hong Kong Securities & Futures Commission (SFC) and is one of the first participating dealers in Hong Kong’s spot BTC/ETH ETFs. Additionally, Solomon has launched Asia’s first RWA fund and received approval to distribute private tokenized fund products [1].
Solowin's CEO, Peter Lok, commented, "AXG embodies our new vision and strategic direction. The global stablecoin market has already reached issuance volumes in hundreds of billions of dollars, and compliant, infrastructure-driven solutions will be central to the next era of digital finance. Through deliberate strategic initiatives and acquisitions, we are building a bridge between traditional finance and the crypto world, fundamentally reshaping our business structure and capabilities" [1].
AlloyX, a key acquisition, plans to launch a USD 100 million ecosystem fund called AX Venture. This fund will focus on advancing stablecoin infrastructure, tokenization technology, and RWA liquidity. Dr. Thomas Zhu, Co-Founder & CEO of AlloyX, stated, "Our goal is to support projects that create strong synergies with AlloyX while reinforcing the foundation and adoption of programmable money and digital asset super-apps in the emerging Web3 era" [1].
The ticker symbol change does not require any action from existing shareholders, and the company's CUSIP number will remain unchanged. Solowin Holdings continues to operate in both traditional and Web3 industries, leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities.
For more information, visit the Company’s website at https://solowin.io or investor relations webpage at https://ir.solowin.io.
Solowin Holdings will trade under the new ticker symbol "AXG" on Nasdaq, effective October 10, 2025, marking its transformation to a Web3-focused firm. The company acquired AlloyX and developed AX Coin, positioning it at the forefront of asset tokenization and digital payments. The ticker symbol change reflects Solowin's strategic shift towards Web3 business.
Solowin Holdings (NASDAQ: SWIN) has announced that its Class A ordinary shares will commence trading under the new ticker symbol "AXG" on the Nasdaq Stock Market, effective at the market open on October 10, 2025 [1]. The change reflects a significant strategic shift for the company, which is now focused on the Web3 business through the acquisition of AlloyX Limited and the development of AX Coin.The new ticker symbol "AXG" signifies Solowin's commitment to building critical infrastructure for asset tokenization and global digital payments. The company's wholly-owned subsidiary, Solomon JFZ (Asia) Holding Limited, has received full upgraded crypto licenses from the Hong Kong Securities & Futures Commission (SFC) and is one of the first participating dealers in Hong Kong’s spot BTC/ETH ETFs. Additionally, Solomon has launched Asia’s first RWA fund and received approval to distribute private tokenized fund products [1].
Solowin's CEO, Peter Lok, commented, "AXG embodies our new vision and strategic direction. The global stablecoin market has already reached issuance volumes in hundreds of billions of dollars, and compliant, infrastructure-driven solutions will be central to the next era of digital finance. Through deliberate strategic initiatives and acquisitions, we are building a bridge between traditional finance and the crypto world, fundamentally reshaping our business structure and capabilities" [1].
AlloyX, a key acquisition, plans to launch a USD 100 million ecosystem fund called AX Venture. This fund will focus on advancing stablecoin infrastructure, tokenization technology, and RWA liquidity. Dr. Thomas Zhu, Co-Founder & CEO of AlloyX, stated, "Our goal is to support projects that create strong synergies with AlloyX while reinforcing the foundation and adoption of programmable money and digital asset super-apps in the emerging Web3 era" [1].
The ticker symbol change does not require any action from existing shareholders, and the company's CUSIP number will remain unchanged. Solowin Holdings continues to operate in both traditional and Web3 industries, leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities.
For more information, visit the Company’s website at https://solowin.io or investor relations webpage at https://ir.solowin.io.
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