AXG Accelerates Expansion into Digital Asset Markets in Korea and Japan

Hong Kong, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that it is advancing expansion into two major East Asian markets—Korea and Japan, as a part of its ongoing strategy to further enhance its global digital asset business layout and regional market penetration. This initiative aims to fully explore growth opportunities in the region’s compliant digital asset sector.

In Korea, AXG is actively pursuing key business licenses through a cooperative partnership model. Simultaneously, leveraging the core technical strengths of its Ferion platform, the Company is comprehensively strengthening its localized operational infrastructure across multiple dimensions, including technical support, compliance control, and service adaptation. These efforts are expected to solidify the foundation for the subsequent launch of stablecoin and diversified digital asset services tailored to the Korean market.

Concurrently, through affiliated AX Coin Japan and AlloyX Japan, the Company continues to deepen its presence in Japan. Drawing on AXG’s mature experience and standardized solutions in digital financial infrastructure, both platforms are steadily advancing their construction and operations, with a strong focus on meeting the stringent regulatory requirements of Japan’s Financial Services Agency (FSA).

Dr. Thomas Zhu, Co-Founder and Chief Executive Officer of AlloyX Group, a subsidiary of AXG, commented: “Our expansion into Korea and Japan represents both a crucial step in executing our globalization strategy, and a core move in our systematic effort to build a regional, compliance-focused bridge between traditional finance and blockchain innovation. This marks a new phase of AXG’s global development strategy, characterized by rapid execution and in-depth cultivation. Moving forward, we will continue to leverage our compliance advantages and technical capabilities to unlock the vast potential of the East Asian digital asset markets.”

About SOLOWIN HOLDINGS

SOLOWIN HOLDINGS (Nasdaq: AXG) is a global leading financial technology firm focused on digital currency payments and asset tokenization. Founded in 2016, it has dedicated to bridging traditional and decentralized finance by building a secure, efficient and compliant financial infrastructure that provides integrated digital asset solutions for global investors and institutions. Leveraging its Hong Kong Securities and Futures Commission (SFC)-licensed subsidiary Solomon JFZ (Asia) Holdings Limited, along with other key subsidiaries such as AlloyX Group and AX Coin, the Company has developed a multi-jurisdictional, vertically integrated, enterprise-grade new financial platform encompassing global stablecoin payments, corporate treasury and private wealth management and tokenization as a service. Backed by leading international institutional investors, the Company manages compliant and transparent digital assets that are closely connected to the real economy. The Company is committed to establishing itself as a leading global digital asset financial platform, driving the seamless convergence of traditional finance and the digital assets ecosystem.

For more information, visit the Company’s website at  or investor relations webpage at .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission (the “SEC”) including the "Risk Factors" section of the Company's most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC, which are available for review at .

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