MANAMA, Bahrain — SOLOWIN HOLDINGS (Nasdaq: AXG), a financial technology company bridging traditional and digital assets, announced that its subsidiary AX Coin Bahrain B.S.C. has been officially licensed by the Central Bank of Bahrain (CBB) to issue stablecoins. This is the first license granted under the CBB's stablecoin regulatory framework, positioning AX Coin among a select group of globally regulated issuers under sovereign central bank oversight.
Milestone for Digital Asset Regulation
The approval represents a significant step for the regulated digital asset industry. Bahrain reinforces its status as a leading hub for digital asset innovation by hosting the first stablecoin issuer licensed by its central bank. AX Coin's license allows it to operate within a compliant framework, enabling institutional-grade adoption of stablecoins for payments and settlement.
Leadership Perspectives
Dr. Thomas Zhu, Co-Founder of AXG and Chairman of AX Coin, stated: "This CBB approval is a defining milestone for AX Coin that validates our ability to scale compliant digital financial infrastructure globally. With this regulated foundation, we are positioned to integrate stablecoins into real-world systems, enabling institutional-grade adoption across payments and settlement."
Xavier George, CEO of AX Coin, added: "This CBB approval is a huge win for AX Coin and for global stablecoin infrastructure, enabling trusted, programmable settlement across institutions and markets. By keeping compliance at its core, this license allows us to scale globally and build the future of agentic digital payment ecosystems."
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (Nasdaq: AXG) is a global regulated fintech company established in 2016. It combines blockchain and artificial intelligence technologies to operate a compliant dual-token digital economy super platform. The company's mission is "Mobilizing Tokens 24/7," and it operates two core business pillars: Digital Asset Tokens and AI Tokens. Offerings include stablecoin issuance and payments, asset tokenization, securities trading, asset management, and AI-powered services such as cloud infrastructure, Know-Your-Agent verification, and token routing.
Through its integrated ecosystem—including AX COIN, AX ONE, FERION, SOLOMON, AGENTX, and AXGI—AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy. For more information, visit www.alloyx.com and follow the company on LinkedIn at AXG (Solowin Holdings).
Forward-Looking Statements
Certain statements in this announcement are forward-looking within the meaning of the U.S. securities laws. These statements involve known and unknown risks and uncertainties based on current expectations. The company undertakes no obligation to update these statements. Factors that could cause actual results to differ include market conditions and other risks discussed in the company's filings with the SEC.
For investor and media inquiries, contact SOLOWIN HOLDINGS Investor Relations at ir@solowin.io or Ascent Investor Relations LLC at investors@ascent-ir.com.
