Hong Kong, October 31, 2025 – SOLOWIN HOLDINGS (Solomon JFZ (Asia) Holdings Limited) announced today that it has been honored with the "Financial Services Industry – FinTech and Digital Finance Technology" award in the Hong Kong Special Administrative Region's "New Quality Productive Forces Enterprise Awards 2025." The award is jointly organized by authoritative institutions including the Greater Bay Area Family Office Association and the Hong Kong International Blockchain Finance Association, aiming to recognize benchmark enterprises that drive industrial upgrading through technological innovation. The awards ceremony was grandly held on October 31, 2025, at the JW Marriott Hotel Hong Kong. Mr. Joseph Chan, Deputy Secretary for Financial Services and the Treasury, and Mr. Andy Ho, Deputy Secretary for Constitutional and Mainland Affairs, presided as Guests of Honour. Ms. Sara Wong, Director of SOLOWIN HOLDINGS, was invited to attend and receive the award.

Breakthroughs in the Digital Asset Sector: Strategic Merger and Compliant Ecosystem Development

As the parent company of SOLOWIN Securities, SOLOWIN Group AlloyX (NASDAQ: AXG) has achieved significant progress in the digital asset space in recent years. In September 2025, SOLOWIN Group AlloyX entered into a merger agreement with Hong Kong-based stablecoin infrastructure provider, AlloyX Group. The two parties will integrate traditional financial resources with Web3 technologies to jointly build a financial ecosystem centered around compliant stablecoins, promoting the tokenization of real-world assets (RWA) and innovation in cross-border payments.

Concurrently, SOLOWIN Group AlloyX is actively expanding institutional cooperation, deepening its presence in areas such as virtual asset trading and tokenized asset distribution, thereby strengthening its capabilities in compliant digital financial services. Furthermore, SOLOWIN Securities has completed the upgrade of its Hong Kong Securities and Futures Commission (SFC) Type 1, Type 4, and Type 9 licenses, obtaining approval to provide virtual asset-related services, further solidifying its leading position in the field of compliant digital asset services.

Fulfilling the Mission: Building a Bridge Between Traditional and Decentralized Finance

SOLOWIN Group AlloyX, with its core mission of "Building the Future of Finance," is committed to breaking down the barriers between traditional finance and decentralized finance (DeFi). Through its self-developed, all-in-one digital platform, Solomon VA+, which integrates artificial intelligence and blockchain technology, the company provides comprehensive services covering securities, virtual assets, and wealth management.

Outlook: Accelerating the Empowerment of the Financial Industry through New Quality Productivity

This award represents full affirmation of SOLOWIN Securities' efforts in technological innovation, green development, and contributions to industry standards. Moving forward, the company will continue to deepen its Web3 technology research and development, expand innovative scenarios such as asset tokenization and cross-border payments, and inject momentum into the development of new quality productivity in Hong Kong and the Greater Bay Area.

About SOLOWIN Group AlloyX

SOLOWIN Group AlloyX (NASDAQ: AXG) is a financial technology company focused on global stablecoin payments and asset tokenization. It is dedicated to integrating traditional brokerage and bank payment services with blockchain technology, providing secure and efficient solutions for stablecoin payments, investments, and asset tokenization. Supported by several renowned investment institutions, the company aims to become a globally leading digital financial platform.