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GlobeNewswire·

AXG Accelerates Expansion into Digital Asset Markets in Korea and Japan

  • SOLOWIN HOLDINGS (NASDAQ: AXG) announced expansion into Korea and Japan to enhance its global digital asset business layout.
  • In Korea, the company is pursuing key business licenses via partnerships while strengthening localized infrastructure for stablecoin and digital asset services.
  • The company is leveraging its Ferion platform to improve technical support, compliance control, and service adaptation in the Korean market.
  • In Japan, affiliated entities AX Coin Japan and AlloyX Japan are advancing operations to meet strict Financial Services Agency (FSA) regulatory requirements.
  • Dr. Thomas Zhu, CEO of subsidiary AlloyX Group, stated the move aims to build a compliance-focused bridge between traditional finance and blockchain innovation.
  • SOLOWIN HOLDINGS is a financial technology firm focused on digital currency payments, asset tokenization, and bridging traditional with decentralized finance.
  • The company operates a multi-jurisdictional platform utilizing subsidiaries like Solomon JFZ (Asia) Holdings Limited, AlloyX Group, and AX Coin.
  • Forward-looking statements in the announcement are subject to risks related to market conditions and regulatory environments as detailed in SEC filings.