Solowin Merges with AlloyX to Build Web3-Ready Financial Bridge

Solowin Holdings (NASDAQ: SWIN) has finalized its $350 million acquisition of AlloyX Limited, a fintech firm specializing in cross-border payments and institutional-grade asset tokenization through stablecoin infrastructure. The merger, announced on Sept. 3, 2025, is expected to create a unified platform that integrates traditional finance with the Web3 ecosystem, focusing on stablecoin-driven financial services. The deal includes a 12-month lock-up period for all AlloyX shareholders, including the founding team and strategic investors, which underscores the commitment to long-term growth and stability [1].

AlloyX has previously attracted significant interest from leading global investment institutions, with investors such as Fenbushi Capital, Longling Capital, Kiln, Arbitrum Foundation, and Offchain Labs participating in its most recent financing round. This support highlights the market's confidence in AlloyX's technology and its potential to expand stablecoin infrastructure in emerging markets [1]. Peter Lok, Chairman of Solowin Holdings, emphasized the strategic importance of the deal, noting the global stablecoin ecosystem's scale has now reached hundreds of billions of dollars and expressing confidence in building a leading compliant financial platform [1].

Dr. Thomas Zhu, Co-Founder and CEO of AlloyX, stated that the integration of compliance and technology-driven approaches will redefine digital finance. The merger enables Solowin to offer global users safer, more efficient, and more convenient financial services through stablecoin and RWA tokenization. The combined entity aims to become a key player in the Asia-Pacific region, leveraging Solowin’s existing regulatory framework and AlloyX’s blockchain-based solutions [1]. The deal also features performance-based incentives for Peter Lok, offering additional $5 million if AlloyX reaches $600 million and $1 billion valuations within 24 months of closing [2].

The global stablecoin market has continued to grow, reaching a market cap of $283 billion as of August 2025, with year-to-date trading volume exceeding $20.2 trillion [2]. Solowin's broader strategy includes expanding its presence in key financial hubs, including Dubai and Singapore. The company has already launched its Dubai Operations Center and applied for a Category 3C asset management license from the Dubai International Financial Centre (DIFC). In Singapore, Solowin recently acquired a 19% stake in GPL Remittance Pte. Ltd., a licensed cross-border payment institution [2].

Additionally, Solowin is enhancing its tokenized fund with the integration of Chainlink data services, providing real-time on-chain verification for its Real Yield Token (RYT). This move strengthens institutional trust in Solowin's digital asset offerings and aligns with its goal to bridge traditional finance with Web3 infrastructure. The company also announced an ambitious target to reach $1 billion in assets under management (AUM) for its USD Money Market Real Yield Token by the end of 2025 [2].

The deal with AlloyX is a strategic step in Solowin's broader expansion into emerging markets, particularly in Asia, the Middle East, and beyond. It complements other initiatives, including the company’s recent investment in a U.S. licensed bank, furthering its global financial expansion plans [2]. With the completion of the AlloyX acquisition, Solowin is positioned to capitalize on the growing demand for stablecoin infrastructure and digital asset services, leveraging its partnerships and regulatory expertise to solidify its position in the global financial landscape [1].

Source: [1] AlloyX Merges with Solowin Holdings at $350 Million (https://www.globenewswire.com/news-release/2025/09/03/3143581/0/en/AlloyX-Merges-with-Solowin-Holdings-at-350-Million-Valuation.html) [2] SWIN - Solowin Holdings Stock Price, News & Analysis (https://www.stocktitan.net/news/SWIN/)