Solowin has officially closed its $350 million acquisition of AlloyX, a stablecoin infrastructure provider known for its enterprise-grade technology and global payment capabilities. The deal marks a significant step forward in Solowin’s ambition to build a unified financial ecosystem centered on stablecoins, integrating AlloyX’s platform into its regulated financial services network. With this move, Solowin is positioning itself to rapidly expand into emerging markets, including the UAE, ASEAN, and Africa.
Two structural elements of the transaction underscore its long-term strategic intent. First, all selling shareholders of AlloyX—including its founding team and key strategic investors—have agreed to a 12-month lock-up period. This commitment ensures continuity of leadership and technical expertise, aligning the interests of both companies as they pursue shared growth objectives. Second, the deal includes performance-based incentives tied to AlloyX’s future valuation.
If AlloyX reaches a $600 million valuation within two years, then Solowin CEO Peter Lok will receive a $5 million bonus, with an additional $5 million awarded if the valuation hits $1 billion. These milestones serve as a public roadmap for value creation and signal confidence in the combined entity’s potential.
The acquisition comes at a time when stablecoins are gaining traction as foundational infrastructure for global finance. With a market capitalization nearing $283 billion and annual trading volumes exceeding $20 trillion, stablecoins are increasingly used for payments, remittances, and institutional treasury operations. Regulatory clarity is improving worldwide, creating a more secure environment for innovation and adoption.
Solowin plans to integrate AlloyX’s core technologies—including its stablecoin application platform, real-world asset tokenization tools, and 24/7 global payment network—into its existing suite of services. These features will be supported by Solowin’s licensed subsidiaries and compliance infrastructure, enabling the company to offer a seamless bridge between traditional finance and decentralized systems.
Founded in 2016, Solowin operates across both traditional and Web3 sectors, delivering vertically integrated financial solutions through its proprietary platform. With the AlloyX acquisition now complete, Solowin is poised to become a leading player in the compliant stablecoin finance space, offering innovative tools for institutions and consumers alike.
KEY QUOTES:
“With the closing of this acquisition, Solowin’s vision for a new financial ecosystem centered on stablecoins is now taking shape. AlloyX’s core capabilities—including its enterprise-grade compliant stablecoin application platform, Real-World Asset (RWA) tokenization technology, and 7×24 global payment network—will be deeply integrated with Solowin’s network of financial service and compliance licenses to build a unified stablecoin financial ecosystem.”
“The voluntary 12-month lock-up by all shareholders sends a clear message: the AlloyX team isn’t cashing out; they are doubling down on our shared long-term vision. We are fully committed to becoming an industry leader in the compliant stablecoin finance sector.”
Solowin CEO Peter Lok
