SOLOWIN Subsidiary Receives First Stablecoin Issuer License from Central Bank of Bahrain

SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its stablecoin issuance subsidiary, AX Coin Bahrain B.S.C. (c), has received approval from the Central Bank of Bahrain to conduct stablecoin issuer activities. The company stated that AX Coin is the first entity licensed under the regulator's stablecoin framework, positioning it among a select group of stablecoin issuers operating under sovereign central bank oversight.

The approval provides a regulated foundation for expanding stablecoin-based financial infrastructure and supports the integration of digital assets into payments and settlement systems. Company executives said the license will enable AX Coin to scale compliant stablecoin operations globally while supporting institutional adoption and programmable digital payment ecosystems.

SOLOWIN HOLDINGS, established in 2016, is a global regulated fintech company that combines blockchain and artificial intelligence technologies. The company operates a fully compliant dual-token digital economy super platform with two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, the company empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy. The news was covered by CryptoCurrencyWire, a specialized communications platform focusing on blockchain and cryptocurrency, which is part of the Dynamic Brand Portfolio @IBN.

For more information about SOLOWIN HOLDINGS, visit the Company's website at https://www.alloyx.com or the Investor Relations webpage at https://ir.alloyx.com.