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SOLOWIN HOLDINGS Acquires Canadian MSB License, Securing Compliant Access to North American Markets
Hong Kong, Jan. 13, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional
About this update from Solowin Holdings
[{"type":"text","content":"Hong Kong, Jan. 13, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (NASDAQ: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced its intention to acquire Gello Finance Ltd., through its wholly owned subsidiary AlloyX (Hong Kong) Limited (“AlloyX”) to obtain a Canadian Money Services Business (MSB) license. The completion of this movement would grant the Company a fully compliant access to North America markets and represent a key pillar of its global expansion strategy. Registered under the regulatory framework of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the MSB license would authorize AXG to legally conduct a broad range of financial services in the region, including foreign exchange transactions, cross-border remittances, virtual currency services, and payment processing. The license would formally establish AXG’s entry into North America’s regulated mainstream financial and digital asset ecosystems. Dr. Thomas Zhu, Director of AXG and CEO of AlloyX, commented: “Securing this registration will underscore AXG’s commitment to meeting the rigorous compliance standards of major global economies, including Organization for Economic Co-operation and Development (OECD) jurisdictions. This strategic foothold will provide the essential legal infrastructure to facilitate seamless fiat and cryptocurrency conversions for our North American clients. It will significantly enhance our service capabilities and expand our market potential within the global digital finance landscape.” About SOLOWIN HOLDINGS SOLOWIN HOLDINGS (NASDAQ: AXG) is a global leading financial technology firm focused on digital currency payments and asset tokenization. Founded in 2016, it has dedicated to bridging traditional and decentralized finance by building a secure, efficient and compliant financial infrastructure that provides integrated digital asset solutions for global investors and institutions. Leveraging its Hong Kong Securities and Futures Commission (SFC)-licensed subsidiary Solomon JFZ (Asia) Holdings Limited, along with other key subsidiaries such as AlloyX Group and AX Coin, the Company has developed a multi-jurisdictional, vertically integrated, enterprise-grade new financial platform encompassing global stablecoin payments, corporate treasury and priv...