- **Solowin Holdings** (formerly NASDAQ: SWIN) commenced trading under the new ticker symbol **"AXG"** on The Nasdaq Stock Market LLC, effective **October 10, 2025**.  **[1959224_0001213900-25-098402_ea0261075-6k_solowin.htm:0]** **[1959224_0001213900-25-098402_ea026107501ex99-1_solowin.htm:0]** 
- The new ticker symbolizes the company's strategic transformation, which is now centered on the **Web3 business** following the acquisition of **AlloyX Limited** in **September 2025**.  **[1959224_0001213900-25-098402_ea026107501ex99-1_solowin.htm:0]** 
- This strategic shift includes the development of **AX Coin** (a stablecoin infrastructure) and the launch of **Ferion**, an independently developed real-world asset (RWA) platform.  **[1959224_0001213900-25-098402_ea026107501ex99-1_solowin.htm:0]** 
- AlloyX plans to launch **AX Venture**, a **USD 100 million ecosystem fund** dedicated to advancing stablecoin infrastructure, tokenization technology, and RWA liquidity.  **[1959224_0001213900-25-098402_ea026107501ex99-1_solowin.htm:1]**

Solowin Holdings Announces New Ticker Symbol AXG and Strategic Web3 Focus

- **SOLOWIN HOLDINGS** completed the acquisition of **AlloyX Limited** for **$350 million** on **September 3, 2025**.  **[1959224_0001213900-25-083693_ea0254863-6k_solowin.htm:0]** **[1959224_0001213900-25-083693_ea025486301ex99-1_solowin.htm:0]** 
- The acquisition integrates **AlloyX's** stablecoin infrastructure and team into **Solowin's** financial ecosystem, aiming to activate its global stablecoin strategy and accelerate expansion into high-growth markets.  **[1959224_0001213900-25-083693_ea025486301ex99-1_solowin.htm:0]** 
- The transaction includes a **12-month lock-up commitment** for **AlloyX's** selling shareholders and performance-based incentives for **Peter Lok**, CEO of **Solowin**, tied to **AlloyX's** enterprise valuation milestones of **$600 million** and **$1 billion** within 24 months of closing.  **[1959224_0001213900-25-083693_ea025486301ex99-1_solowin.htm:1]**

Solowin Holdings (SWIN)