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Solowin Enters Strategic Partnership With MaiCapital To Expand Virtual Asset Allocation Opportunities; Solowin Agreed To Acquire 199,210 Ordinary Shares Representing A 2.47% Equity Stake In Ba Fintech Lab

Benzinga ·  May 28 20:04

SOLOWIN HOLDINGS (NASDAQ:SWIN) ("Solowin" or "the Company"), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors globally, today announced a strategic partnership with MaiCapital Limited ("MaiCapital"), a leading virtual assets investment manager in Hong Kong, to expand virtual asset allocation opportunities.

Under the terms of the strategic partnership, Solowin agreed to acquire 199,210 ordinary shares representing a 2.47% equity stake in BA Fintech Lab, an exempted company incorporated under the laws of Cayman Islands that conducts business through its wholly owned subsidiary MaiCapital.

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