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. The partnership aims to jointly develop liquidity services, cross-border payment networks, and stablecoin fiat on/off-ramp capabilities across Latin America, initially targeting Mexico and Brazil. This collaboration marks a significant step for SOLOWIN as it expands its global presence beyond the Asia-Pacific and Middle East regions.
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. The focus will be 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.
SOLOWIN Holdings stated that the agreement supports its global expansion strategy, with technical integration and product deployment already underway for future Latin American service launches. The company's dual-token digital economy super platform combines blockchain and artificial intelligence technologies, offering stablecoin issuance and payments, asset tokenization, securities trading, and asset management.
This partnership is important because it addresses the growing demand for efficient cross-border payment solutions in Latin America, where traditional banking infrastructure often poses challenges. By leveraging ATTRUS's local expertise and SOLOWIN's advanced technology, the collaboration aims to provide faster, cheaper, and more accessible financial services to businesses and consumers in the region.
For more information about the agreement, visit https://ibn.fm/prEL2. Additional details about SOLOWIN HOLDINGS can be found on their website at https://www.alloyx.com or their Investor Relations page at https://ir.alloyx.com.
