Financial Service company SOLOWIN announced an acquisition of stablecoin provider AlloyX for $350 million.

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[Financial Service Company SOLOWIN Announces $350 Million Acquisition of Stablecoin Provider AlloyX] Financial service company SOLOWIN HOLDINGS has officially completed its $350 million acquisition of stablecoin infrastructure provider AlloyX Limited (hereinafter referred to as "AlloyX"). This strategic transaction marks the full integration of AlloyX's cutting-edge technology and experienced team into SOLOWIN's compliant financial ecosystem, laying the groundwork for the company to launch its global stablecoin strategy and accelerate expansion into high-growth markets such as the UAE, ASEAN, and Africa.

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