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Solowin Holdings and SC Ventures Sign MoU to Develop AI-Powered Payments Platform AGENPAY

Solowin Holdings (NASDAQ: AXG) and SC Ventures have signed a non-binding memorandum of understanding to jointly incubate AGENPAY, an AI-powered payments platform aimed at improving efficiency, risk management, and reducing transaction costs through intelligent payment systems.

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Solowin Holdings and SC Ventures Sign MoU to Develop AI-Powered Payments Platform AGENPAY

Solowin Holdings (NASDAQ: AXG) and SC Ventures have formalized a partnership through a non-binding memorandum of understanding (MoU) signed at the Global Web 4.0 – AI and Digital Assets Innovation conference in Hong Kong Cyberport. The collaboration outlines plans to jointly incubate AGENPAY, an AI-powered payments initiative focused on advancing intelligent payment systems. The partnership will center on developing API retrieval capabilities, payment routing infrastructure, and ecosystem integrations, combining AXG’s AI and blockchain expertise with SC Ventures’ global network to build a next-generation platform.

AGENPAY aims to improve efficiency, enhance risk management, reduce transaction costs, and support the evolution of agent-driven financial infrastructure. This initiative leverages Solowin Holdings’ dual-token digital economy super platform, which operates fully compliant with regulations. Solowin Holdings, established in 2016, combines blockchain and artificial intelligence technologies under its mission “Mobilizing Tokens 24/7.” The company focuses on tokenization and operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

SC Ventures, the innovation and ventures arm of Standard Chartered, brings its global network and expertise to the partnership. The MoU signifies a strategic step toward developing intelligent payment systems that could reshape financial transactions. By integrating advanced AI capabilities with blockchain technology, AGENPAY aims to create more efficient and secure payment routing, potentially lowering costs for businesses and consumers alike.

The implications of this announcement are significant for the fintech industry. The development of AI-powered payment platforms could lead to faster, more reliable transactions with enhanced risk management. This partnership highlights the growing trend of combining AI with blockchain to create innovative financial solutions. For investors, Solowin Holdings’ collaboration with SC Ventures may signal increased credibility and potential for growth in the AI and digital assets space.

Solowin Holdings is listed on NASDAQ under the ticker AXG. For more information, visit the company’s website at https://www.alloyx.com or its investor relations webpage at https://ir.alloyx.com. The full press release is available at https://ibn.fm/KQcPs.

Burstable Editorial Team

Burstable Editorial Team

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