SOLOWIN HOLDINGS $(AXG)$, a financial technology firm specializing in bridging traditional and digital assets, plans to acquire Gello Finance Ltd. through its subsidiary AlloyX (Hong Kong) Limited. This move is aimed at obtaining a Canadian Money Services Business $(MSB)$ license, which will allow AXG to offer a range of financial services in North America, including foreign exchange, cross-border remittances, virtual currency services, and payment processing. Dr. Thomas Zhu, Director of AXG and CEO of AlloyX, stated that the acquisition will provide the company with the necessary infrastructure to facilitate seamless fiat and cryptocurrency conversions for North American clients, marking a significant step in its global expansion strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solowin Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9624539) on January 13, 2026, and is solely responsible for the information contained therein.