AX Coin, a Subsidiary of Solowin Holdings (AXG), partners with ARP Digital on institutional liquidity and settlement
ARP Digital and AX Coin, the first CBB-licensed stablecoin issuer, will connect regulated stablecoin issuance with OTC liquidity and GCC settlement rails.
MANAMA, Bahrain / DUBAI, UAE - AX COIN BAHRAIN B.S.C. Closed (“AX Coin”), the regulated stablecoin issuer of Solowin Holdings (Nasdaq: AXG), and ARP Digital, a regulated digital capital infrastructure platform, today announced a strategic global collaboration to connect regulated stablecoin infrastructure with institutional OTC liquidity, payment and settlement rails across the GCC and international markets.
As the first licensed stablecoin issuer regulated by the Central Bank of Bahrain (CBB) and the world's first Sharia-compliant stablecoin, AX Coin brings a fully regulated issuance and reserve infrastructure to the partnership. ARP Digital contributes its institutional OTC desk, on- and off-ramp conversion capabilities, and international corridor settlement rails. Together, the collaboration aims to bring AX Coin on-chain, enable greater interoperability with other stablecoin ecosystems, and deliver faster, more efficient, and compliant cross-border value movement for corporates, financial institutions, payment fintechs, and payment service providers.
The partnership will initially focus on Bahrain and the UAE, with plans to expand across additional markets and continents. Together, AX Coin and ARP Digital will support corporates, financial institutions, payment fintechs, PSPs and other institutional participants seeking faster, more efficient and compliant ways to move and settle value across borders.
Xavier George, Managing Director of AXG and CEO of AX Coin, said: “This collaboration brings together two critical pieces of the stablecoin ecosystem — regulated digital money and real-world payment and liquidity infrastructure. Our objective is to make AX Coin usable across the flows that corporates and payment fintechs already depend on, while enabling faster, more transparent and more cost-efficient cross-border settlement.”
Abdulla Kanoo, Co-Founder & Co-CEO of ARP Digital, commented: “ARP Digital was built to connect global digital capital with the financial rails of the GCC. Working with AX Coin allows us to combine our institutional liquidity and settlement capabilities with regulated stablecoin infrastructure and create practical use cases for businesses and payment providers. Together, we can help accelerate the adoption of stablecoins as a more efficient way to move value globally.”
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (Nasdaq: AXG) is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.
Guided by the mission “Mobilizing Tokens 24/7”, the Company operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.
Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, AGENTX, and KOVAR, 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 us on LinkedIn at AXG (Solowin Holdings).
About AX Coin
AX Coin Bahrain BSC Closed (AX Coin), a key subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), has secured a Stablecoin Issuer license from the Central Bank of Bahrain. As the world's first Sharia-compliant stablecoin, AX Coin aims to build a global digital currency infrastructure to serve the $6 trillion Islamic finance market.
About ARP Digital
ARP Digital is a regulated digital capital infrastructure platform headquartered in Bahrain. The firm operates an integrated suite of institutional services, including an OTC liquidity desk, international corridor settlement rails, on- and off-ramp conversion infrastructure, and regulated wealth management services. ARP Digital Bahrain is licensed as a Category 3 Capital Markets – Crypto Assets Service Provider by the Central Bank of Bahrain (CBB), and ARP Digital FZCO has secured a Broker-Dealer licence from Dubai’s Virtual Assets Regulatory Authority (VARA). The firm was founded by Abdulla Kanoo, CEO (ARP Digital Bahrain), and Abdulaziz Kanoo, CEO (ARP Digital FZCO) – fifth-generation members of the GCC's 135-year-old Kanoo Group. ARP Digital serves institutional investors, exchange houses, global payment companies, and high-net-worth individuals across the Gulf Cooperation Council and international markets.
To learn more about ARP Digital, visit: https://arpdigital.io/
