AlloyX merges with Solowin Holdings at $350M valuation

AlloyX Group reached a definitive merger agreement with Nasdaq-listed Solowin Holdings (SWIN). This merger will fully leverage the strengths of both parties in traditional finance and the Web3 ecosystem, jointly building a new financial ecosystem centered on stablecoins and driving deep integration between traditional finance and digital assets. Prior to this merger, AlloyX had already gained recognition from several leading global investment institutions. Top investors such as Fenbushi Capital, Longling Capital, Kiln, Arbitrum Foundation, and Offchain Labs all participated in AlloyX’s latest financing round, underscoring the industry’s strong confidence in AlloyX’s development prospects.