Solowin Holdings (NASDAQ: AXG) announced on Sept. 2, 2026 that its subsidiary AlloyX (Hong Kong) Limited signed a non-binding memorandum of understanding with EvolveQ Limited. The agreement establishes a framework to explore collaboration between artificial intelligence infrastructure and quantum computing for financial applications.

The partnership focuses on two primary technology pillars. First, the companies aim to leverage AXG Digital’s infrastructure to develop an AI wealth management platform featuring millisecond-level intelligent routing. This initiative builds upon the AGENPAY project and KOVAR KYA for agent-driven payments and identity compliance.

Second, the collaboration targets quantum-powered portfolio optimization. EvolveQ plans to coordinate quantum, high-performance computing, and AI resources to translate financial constraints into executable trading strategies. The MOU lays groundwork for joint innovation across emerging use cases.

Strategic Framework

The agreement outlines specific technical integrations intended to enhance institutional finance capabilities. Key components include:

• AI Infrastructure: Development of a unified API for wealth management using KOVAR AI, Cloud, and Router technologies.
• Quantum Orchestration: Deployment of FinQ-based models for cross-asset optimization by coordinating heterogeneous hardware resources.
• Compliance & Payments: Expansion of agent-driven payment systems and risk intelligence through integrated identity verification protocols.

Frank Chen, Head of Integration at AXG Digital, stated the integration marks a milestone for global finance by combining intelligent routing with quantum-inspired models. Dr. Lumos Yue, Chief Technology Officer of EvolveQ, noted the partnership enables moving quantum applications from proof-of-concept toward scalable commercial deployment.

What the Numbers Show

The source contains no financial figures, revenue data, or deal values. The announcement is purely strategic, outlining a framework for future technological collaboration without disclosing immediate capital commitments or expected revenue impacts.

Solowin Holdings (NASDAQ: AXG) has outlined a strategic expansion of its artificial intelligence infrastructure business through its US division, AXG Digital, targeting more than 100 MW of operational high-performance computing (HPC) capacity by 2028.

The Utah-based unit serves as the company’s dedicated AI infrastructure arm. It focuses on scaling high-performance data center capacity to address global demand for AI computing power.

Business Expansion

Solowin Holdings, a financial technology firm bridging traditional and digital assets, established AXG Digital to enter the AI infrastructure sector. The division is headquartered in Utah, USA.

The company stated that AXG Digital will focus on meeting surging global demand for AI computing power by expanding data center capabilities.

Strategic Roadmap and Capacity Targets

Building on its software ecosystem, AXG Digital is constructing a geographically diversified AI infrastructure platform. The company has identified a development pipeline representing more than 1 GW potential capacity across Europe, the United States, and sub-Arctic markets.

Within this broader pipeline, AXG Digital is currently targeting more than 100 MW of capacity to become operational by 2028. These projects are at varying stages of development, commercialization, and financing.

The platform strategy combines access to advantaged power, modular and scalable data-center infrastructure, and institutional capital. The aim is to accelerate the deployment of AI-ready compute capacity for hyperscalers, enterprises, cloud providers, and AI developers.

Ecosystem Development

The infrastructure expansion complements recent software and service launches by Solowin Holdings:

• February 2026: Launched KOVAR AI, an enterprise LLM gateway providing centralized access to AI computing power for corporate clients.
• March 2026: Introduced KOVAR Cloud and KOVARouter, offering unified API access to global AI models with intelligent routing for performance and cost optimization. This includes KOVAR KYA, a decentralized identity compliance engine for auditable on-chain activities.
• April 2026: Signed a memorandum of understanding with SC Ventures (Standard Chartered’s innovation arm) to co-develop AGENPAY, focusing on intelligent payment routing and agent-driven payments.