News Archives - ChineseWire

TuesdayJun 09, 2026 9:50 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Signs MOU to Develop Edge AI Compute Network in Western Canada

FingerMotion (NASDAQ: FNGR) announced a memorandum of understanding with BlueFlare Energy Solutions to jointly develop a distributed network of micro-scale edge AI inference compute sites across Alberta, British Columbia and Saskatchewan. The collaboration is centered on behind-the-meter natural gas-powered infrastructure and BlueFlare’s proprietary BALA(TM) load-following technology, which is designed to balance AI inference workloads with bitcoin mining operations to optimize energy utilization and site economics. FingerMotion said the first proposed project, known as PR1, would combine existing bitcoin mining infrastructure with a planned 500-kilowatt containerized AI inference data center in Alberta. The company said the site is intended to serve…

WednesdayJun 03, 2026 9:10 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Subsidiary Receives Bahrain Stablecoin Issuer License

SOLOWIN HOLDINGS (NASDAQ: AXG) announced that AX Coin Bahrain B.S.C. (c), its stablecoin issuance subsidiary, has received approval from the Central Bank of Bahrain to conduct stablecoin issuer activities. The company said AX Coin is the first entity licensed under the regulator's stablecoin framework, positioning it among a select group of stablecoin issuers operating under sovereign central bank oversight. SOLOWIN HOLDINGS (Nasdaq: AXG) said the approval provides a regulated foundation for expanding stablecoin-based financial infrastructure and supports the integration of digital assets into payments and settlement systems. Company executives said the license will enable AX Coin to scale compliant stablecoin…

WednesdayMay 27, 2026 9:10 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Signs MOU With Bahrain Payments Hub to Explore Stablecoin Applications

SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its stablecoin issuance subsidiary, AX Coin Bahrain B.S.C. (C), has signed a non-binding memorandum of understanding with The Benefit Company B.S.C. (C), Bahrain’s national electronic financial transactions hub, to explore potential applications for stablecoin technology within the kingdom’s payments ecosystem. The collaboration will assess how stablecoin capabilities could potentially integrate with BENEFIT’s existing national payments infrastructure, subject to regulatory and technical feasibility, as part of a broader evaluation of emerging digital asset infrastructure in Bahrain. AX Coin has received in-principle approval from the Central Bank of Bahrain, with the initiative intended to support continued exploration…

FridayMay 15, 2026 9:50 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Subsidiary AX Coin Partners With INFINIOS on Stablecoin Payment InfrastructureChineseNewsBreaks –

SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its AX Coin stablecoin subsidiary has signed a non-binding memorandum of understanding with INFINIOS to develop regulated wallet infrastructure and digital payment solutions aimed at accelerating stablecoin adoption across the Gulf region. The collaboration is expected to integrate AX Coin into INFINIOS’ payments infrastructure, enabling compliant custodial and non-custodial wallet solutions, multi-currency virtual accounts, fiat on/off ramps, and real-time cross-border settlement capabilities for institutional clients. To view the full press release, visit https://ibn.fm/Hpyle About SOLOWIN HOLDINGS SOLOWIN HOLDINGS (Nasdaq: AXG) is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and…

WednesdayApr 22, 2026 1:36 pm

ChineseNewsBreaks – Solowin Holdings (NASDAQ: AXG) Reports Preliminary Fiscal 2026 Results With Revenue Surging Nearly Tenfold

Solowin Holdings (NASDAQ: AXG) reported preliminary, unaudited results for the fiscal year ended March 31, 2026, highlighting revenue growth to between $27 million and $29 million, nearly ten times higher year over year, driven by expansion in digital asset tokenization, stablecoin infrastructure, and AI-powered services. The company reported a net loss of $11 million to $13 million amid continued investment in technology and global expansion, while cash and cash equivalents rose to between $14 million and $16 million, supported by $18 million to $20 million in financing inflows, as it advances its strategy centered on compliant, institutional-grade digital financial infrastructure. To view the…

FridayApr 10, 2026 9:00 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Invests In Libeara To Expand RWA Tokenization Reach

SOLOWIN HOLDINGS (NASDAQ: AXG), a financial technology company focused on bridging traditional and digital assets, announced that its venture arm, AlloyX Ventures Limited, participated in the latest funding round for Libeara Pte. Ltd., operator of a regulated real-world asset tokenization platform. The investment is intended to deepen ecosystem synergies and support broader tokenization initiatives across Asia and globally, building on prior collaboration between AlloyX Limited and Libeara on RYT, a tokenized money market fund developed on AXG’s AI-driven tokenization service platform, “FERION.” To view the full press release, visit https://ibn.fm/6hbpX About SOLOWIN HOLDINGS SOLOWIN HOLDINGS is a leading global regulated…

MondayMar 02, 2026 11:20 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Stockholders Elect Directors and Approve Key Proposals at Annual Meeting

FingerMotion (NASDAQ: FNGR), a mobile services, data and technology company, announced the results of its annual meeting of stockholders held Feb. 26, 2026. Stockholders elected Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Eng Ho Ng, Tuck Seng Low and Yang Yeat Choe to the Company’s Board of Directors, appointed CT International LLP as its independent registered public accounting firm and approved executive compensation. Following the meeting, the Board re-appointed Martin J. Shen as President and Chief Executive Officer and Yew Hon Lee as Chief Financial Officer, Secretary and Treasurer. To view the full press release, visit https://ibn.fm/lGSfx About FingerMotion,…

TuesdayFeb 17, 2026 9:00 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Subsidiary Announces Strategic Partnership With Bahrain FinTech Bay to Advance Regulated Stablecoin Applications

SOLOWIN HOLDINGS (NASDAQ: AXG) subsidiary AlloyX Limited announced a strategic partnership with Bahrain FinTech Bay to drive innovation and accelerate adoption of regulated stablecoin applications, further strengthening Bahrain’s position as a regional hub for digital finance. Under the collaboration, AlloyX will work within Bahrain FinTech Bay’s innovation ecosystem alongside global and regional payments and technology partners to explore next-generation stablecoin application scenarios, as it advances plans toward regulatory approval and the subsequent market launch of its stablecoin. Leadership said the partnership aligns with its vision to build compliant and scalable stablecoin solutions in Bahrain, delivering benefits for the GCC region and…

ThursdayFeb 12, 2026 9:45 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Secures Up to $100 Million Financing Agreement with Streeterville Capital

SOLOWIN HOLDINGS (NASDAQ: AXG) announced it has entered into a securities purchase agreement with Streeterville Capital, LLC for up to $100 million in financing through the issuance of one or more pre-paid purchases for AXG class A ordinary shares. The company completed an initial pre-paid purchase of approximately $5.415 million before discounts and expenses, with additional purchases subject to mutual consent. Proceeds are expected to support expansion of AXG’s stablecoin and asset tokenization businesses, advance research and development in artificial intelligence and blockchain security technologies, and fund global market expansion, with further transaction details disclosed in its Form 6-K and…

ThursdayFeb 05, 2026 10:00 am

ChineseNewsBreaks – SOLOWIN HOLDINGS (NASDAQ: AXG) Advances Expansion Into Korea and Japan to Strengthen East Asian Digital Asset Footprint

SOLOWIN HOLDINGS (NASDAQ: AXG) announced it is advancing expansion into Korea and Japan as part of its strategy to enhance global digital asset operations and regional market penetration, targeting growth in compliant digital asset markets across East Asia. In Korea, the company is pursuing key business licenses through cooperative partnerships while strengthening localized technical, compliance, and service infrastructure to support future stablecoin and digital asset offerings, while in Japan it continues to advance operations through affiliated AX Coin Japan and AlloyX Japan, focusing on meeting the regulatory requirements of the Financial Services Agency as it builds out standardized digital financial…

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