SOLOWIN HOLDINGS (NASDAQ: AXG) Expands into Latin America Through Strategic Partnership with ATTRUS (Formerly Facilitapay)

SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that its indirect wholly-owned subsidiary, Gello Finance Ltd. (“Gello Finance”), has officially signed a financial and technological services agreement with ATTRUS US LLC (“ATTRUS,” formerly known as Facilitapay), a well-known provider of cross-border payment and liquidity solutions. The two entities will collaborate to develop an ecosystem encompassing liquidity services, cross-border payment networks, and stablecoin fiat on/off-ramp services in Latin America, with an initial strategic focus on Mexico and Brazil. Under the strategic agreement, Gello Finance agrees to integrate its blockchain technology, AI-driven payment routing infrastructure, and dual-token digital economic ecosystem with ATTRUS’s established local financial networks and fiat settlement channels across Latin America. Key areas of this collaboration include: Local Latin American Liquidity & Cross-Border Payments: Leveraging ATTRUS’s robust local clearing capabilities to reduce frictional costs and processing latencies for enterprises and institutions engaged in cross-border trade and capital settlement in major Latin American economies, including Mexico and Brazil. Next-Generation Stablecoin On/Off-Ramp Services: The two parties expect to jointly establish a seamless fiat-to-stablecoin exchange channel tailored for the Latin American market. Utilizing AXG’s token dispatching capabilities and compliance framework, the service aims to enable local users and businesses to convert between fiat currencies and digital assets in a more secure and convenient manner. Digital Financial Infrastructure Development: Both parties intend to explore the integration of intelligent technologies and blockchain, to provide comprehensive, next-generation digital financial infrastructure for rapidly growing sectors across the region, including embedded finance, cross-border e-commerce, and Web3 businesses. As one of the world’s fastest-growing regions for digital assets and cross-border trade, Latin America is undergoing a dramatic transition from traditional to digital finance. Mexico’s expanding retail and logistics dividend, Argentina’s critical demand for inflation-hedging solutions and novel payment tools, and Brazil’s position as a fintech leader in South America, collectively create significant opportunities for the real-world adoption of stablecoins and digital payments. The signing of this strategic agreement marks another major leap forward in AXG’s global compliance strategy, building upon its steady progress in the Asia-Pacific and Middle East markets. With joint technical integration and product deployment initiatives now underway, AXG expects to roll out cross-border and stablecoin on/off-ramp services for global and local clients in Latin America in the near future. Management Commentary Mr. James Xia, Managing Director of AlloyX Limited, who oversees the AX One business, stated: “We are absolutely delighted to enter into this milestone strategic partnership with ATTRUS. Latin America represents a vital pillar of AXG’s global expansion strategy. Through this collaboration, we are bringing AXG’s advanced blockchain technology, compliant card issuance, and payment routing network to the region. This partnership will not only connect local businesses with globalized digital liquidity, but also further advance AXG’s vision of bridging traditional finance and digital asset networks.” Stephano Maciel, CEO of ATTRUS, commented: “AXG’s compliance standards, demonstrated by its NASDAQ listing, alongside its d...