Solowin Holdings launches its Dubai Operations Center and seeks a Category 3C asset management license from DIFC.
Quiver AI Summary
Solowin Holdings, a financial services firm focused on both traditional and digital assets, has officially launched its Dubai Operations Center and is applying for a Category 3C asset management license from the Dubai International Financial Centre (DIFC). This expansion aims to capitalize on the firm's recent collaboration with CITIC Construction to enhance financial technology infrastructure in Saudi Arabia. By establishing a presence in DIFC, which offers regulatory advantages aligned with Hong Kong's Securities and Futures Commission, Solowin plans to facilitate capital connectivity between the Middle East and Asia. The initial services will cater to institutional clients interested in Sharia-compliant products, and the company expects the license approval process to be completed within three months. CEO Peter Lok emphasized the significance of this development in strengthening Solowin's global compliance network and furthering its mission to create a "digital financial silk road."
Potential Positives
- Announcement of the launch of the Dubai Operations Center, positioning Solowin as a strategic player in the Middle East financial services market.
- Commencement of the application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), which is expected to streamline operations and enhance regulatory compliance.
- Signing of a memorandum of understanding (MOU) with a prominent UAE enterprise to swiftly access local financial services markets, leveraging existing client networks for growth.
- The initial focus on providing Sharia-compliant products to institutional clients indicates a strategic alignment with regional market demands, enhancing potential revenue streams.
Potential Negatives
- The press release heavily emphasizes the company's expansion into the Middle East, which may suggest a lack of strong performance or growth opportunities in its existing markets.
- The announcement of the application for a Category 3C asset management license could imply that the company is still in the process of establishing regulatory compliance in a new region, potentially delaying operational effectiveness.
- The inclusion of a forward-looking statement disclaimer emphasizes potential risks and uncertainties that could affect financial results, which could concern investors regarding the company's future performance.
FAQ
What is the purpose of Solowin's Dubai Operations Center?
Solowin's Dubai Operations Center aims to enhance its presence in the Middle East and facilitate asset management services.
Why did Solowin choose the Dubai International Financial Centre?
Solowin selected DIFC due to its regulatory advantage and mutual recognition framework with Hong Kong's Securities and Futures Commission.
What type of clients will Solowin target in Dubai?
Solowin will primarily target institutional clients seeking Sharia-compliant financial products and services.
How does Solowin's expansion benefit regional investors?
This expansion offers regional investors access to compliant digital asset management and innovative tokenized products.
What was the recent partnership Solowin announced?
Solowin announced a strategic collaboration with CITIC Construction to develop financial technology infrastructure in Saudi Arabia.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SWIN Hedge Fund Activity
We have seen 6 institutional investors add shares of $SWIN stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 69,263 shares (+inf%) to their portfolio in Q2 2025, for an estimated $220,948
- RENAISSANCE TECHNOLOGIES LLC added 54,700 shares (+244.2%) to their portfolio in Q2 2025, for an estimated $174,493
- GEODE CAPITAL MANAGEMENT, LLC added 47,737 shares (+inf%) to their portfolio in Q2 2025, for an estimated $152,281
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 32,231 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $51,247
- HRT FINANCIAL LP added 23,722 shares (+inf%) to their portfolio in Q2 2025, for an estimated $75,673
- UBS GROUP AG removed 12,924 shares (-90.9%) from their portfolio in Q2 2025, for an estimated $41,227
- XTX TOPCO LTD removed 11,567 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $36,898
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HONG KONG, Aug. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), one of the world’s most advanced financial centers and the leading financial hub for the Middle East. This move follows Solowin’s recently disclosed strategic collaboration with CITIC Construction on August 20, 2025, to develop financial technology infrastructure in Saudi Arabia, further underscoring the Company’s accelerating expansion across the Middle East region of compliant financial services.
Solowin has signed a memorandum of understanding (MOU) with a prominent UAE local enterprise, aiming to rapidly penetrate the local financial services market by leveraging established client networks. The Company selected DIFC as its Middle Eastern hub, primarily due to its regulatory advantage of mutual recognition framework with Hong Kong’s Securities and Futures Commission (SFC). Leveraging Solowin’s existing global regulatory licenses, the DIFC approval process is expected to be substantially streamlined with chance to be completed within three months. This expansion is set to strengthen capital and asset connectivity between the Middle East and Asia, offering regional investors access to compliant digital asset management and tokenized products.
“The Dubai Operations Center is a pivotal addition to Solowin’s global compliance network,” said Peter Lok, CEO of Solowin. “By integrating Saudi-based infrastructure resources, we are fully committed to contribute a cross-regional ‘digital financial silk road’.”
The initial services will target institutional clients seeking Sharia-compliant products, offering structured products supported by real-world assets (RWA) and computing power.
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (NASDAQ: SWIN) is a leading global financial services firm operating in both traditional and Web3 industry. Founded in 2016, it has delivered a unique, full-spectrum ecosystem that bridges traditional and decentralized finance. Leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, the Company operates a robust Web3 Infrastructure division. Through its self-developed, vertically integrated, enterprise-grade platform, Solowin delivers compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions—solidifying its role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem.
For more information, visit the Company’s website at https://solowin.io or investor relations webpage at https://ir.solowin.io .
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. 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 www.sec.gov .
For investor and media inquiries please contact:
SOLOWIN HOLDINGS
Investor Relations Department
Email:
[email protected]
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
[email protected]
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
Phone: +1-512-354-7000
[email protected]