SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its indirect wholly owned subsidiary, Gello Finance Ltd., has signed a financial and technology services agreement with ATTRUS US LLC to jointly develop liquidity services, cross-border payment networks and stablecoin fiat on/off-ramp capabilities across Latin America, initially targeting Mexico and Brazil. Under the agreement, Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure and dual-token digital ecosystem with ATTRUS's established local financial networks and fiat settlement channels.
SOLOWIN Holdings said the collaboration will focus on reducing friction in cross-border payments, developing stablecoin conversion services for regional users and businesses and advancing digital financial infrastructure for sectors including embedded finance, cross-border e-commerce and Web3. The company said the agreement supports its global expansion strategy following progress in the Asia-Pacific and Middle East regions, with technical integration and product deployment already underway for future Latin American service launches.
This partnership marks a significant step for SOLOWIN HOLDINGS as it continues to expand its regulated fintech services globally. By leveraging Gello Finance's technology and ATTRUS's local networks, the initiative aims to streamline digital payments in Latin America, a region with growing demand for efficient cross-border transactions and stablecoin adoption. The implications are broad: businesses and consumers in Mexico and Brazil could benefit from faster, cheaper payment solutions, while the partnership reinforces SOLOWIN's position in the digital economy.
For more details, view the full press release here.
SOLOWIN HOLDINGS (Nasdaq: AXG) is a leading global regulated fintech company established in 2016, combining blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services. For more information, visit the Company's website at https://www.alloyx.com or the Investor Relations webpage at https://ir.alloyx.com.
