Solowin finalizes 350 million USD AlloyX acquisition to boost stablecoin infrastructure in emerging markets

Solowin Holdings finalized a 350 million USD all-stock deal to acquire AlloyX, integrating its stablecoin application and tokenization technology into emerging markets. The deal imposes a 12-month lock-up on AlloyX’s founding team.

Solowin Chairman Peter Lok said the move supports vision, as the market, led by USDC and USDT, reaches a 280 billion USD capitalization.

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