AX Coin Bahrain B.S.C. (c) ("AX Coin"), the stablecoin issuer under SOLOWIN HOLDINGS (NASDAQ: AXG), today announced the signing of a non-binding Memorandum of Understanding ("MOU") with Infinios Financial Services B.S.C. (c) ("INFINIOS"), a leading fintech company in the Gulf Cooperation Council. The collaboration focuses on developing regulated wallet infrastructure and digital payment solutions to advance the adoption of stablecoins.