Solowin Holdings targets 100 MW AI compute capacity by 2028

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights
  • Solowin Holdings targets >100 MW HPC capacity via AXG Digital by 2028
  • Total development pipeline exceeds 1 GW across US, Europe, and sub-Arctic markets
  • Expansion builds on KOVAR AI software launches in Feb-March 2026
  • April 2026 MOU with Standard Chartered’s SC Ventures for AGENPAY payments
powered bylight_fuzz_icon
49321301

*this image is generated using AI for illustrative purposes only.

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.
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Solowin Holdings secure the substantial capital required to finance the transition from its 1 GW pipeline to the 100 MW operational target by 2028?

What specific competitive advantages does AXG Digital's sub-Arctic market strategy offer regarding energy costs and cooling efficiency compared to traditional US data centers?

How might the integration of KOVAR AI and KOVAR Cloud software services create a vertical synergy that differentiates AXG Digital from pure-play infrastructure providers?

like19
dislike

Solowin Holdings partners with ATTRUS to build Latin American cross-border payment and stablecoin infrastructure

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights

Solowin Holdings (NASDAQ: AXG) has partnered with ATTRUS to expand into Latin America, focusing on Mexico and Brazil. The agreement aims to develop cross-border payment networks, stablecoin on/off-ramp services, and digital financial infrastructure. The collaboration leverages Gello Finance's blockchain and AI technology alongside ATTRUS's local networks to reduce costs and latencies.

powered bylight_fuzz_icon
46324715

*this image is generated using AI for illustrative purposes only.

Solowin Holdings (NASDAQ: AXG) has expanded its global footprint through a strategic partnership with ATTRUS, a provider of cross-border payment and liquidity solutions. The company's indirect wholly-owned subsidiary, Gello Finance, signed a financial and technological services agreement with ATTRUS to develop an ecosystem encompassing liquidity services, cross-border payment networks, and stablecoin fiat on/off-ramp services in Latin America. The initial strategic focus will be on Mexico and Brazil, leveraging ATTRUS's established local financial networks and fiat settlement channels.

Under the agreement, Gello Finance will integrate its blockchain technology, AI-driven payment routing infrastructure, and dual-token digital economic ecosystem with ATTRUS's capabilities. The collaboration aims to reduce frictional costs and processing latencies for enterprises and institutions engaged in cross-border trade and capital settlement in major Latin American economies. Key areas include local liquidity and cross-border payments, next-generation stablecoin on/off-ramp services, and digital financial infrastructure development for sectors like embedded finance and Web3 businesses.

Strategic Focus Areas

The partnership targets three primary areas to enhance digital finance adoption in Latin America:

Area Description
Local Liquidity & Payments Leveraging ATTRUS's clearing capabilities to reduce costs and latencies in cross-border trade.
Stablecoin On/Off-Ramp Establishing a fiat-to-stablecoin exchange channel using AXG's token dispatching and compliance framework.
Digital Infrastructure Integrating intelligent technologies and blockchain for embedded finance, e-commerce, and Web3 sectors.

Management Commentary

Mr. James Xia, Managing Director of AlloyX Limited, overseeing the AX One business, emphasized the strategic importance of the partnership. "Latin America represents a vital pillar of AXG’s global expansion strategy. This collaboration will connect local businesses with globalized digital liquidity and advance AXG’s vision of bridging traditional finance and digital asset networks," he stated.

Stephano Maciel, CEO of ATTRUS, highlighted the complementary strengths of the two entities. "By combining our localized channel advantages in key Latin American markets with AXG’s technology and global reach, this alliance will help build a ‘financial superhighway’ connecting Latin America with the global digital economy," Maciel commented.

About the Companies

Solowin Holdings is a global regulated fintech company established in 2016, combining blockchain and artificial intelligence technologies to operate a compliant dual-token digital economy platform. Its offerings include stablecoin issuance, asset tokenization, securities trading, and AI-powered services. ATTRUS is a financial infrastructure platform enabling global businesses to move, manage, and settle money across markets through a single integration, combining local payment rails, banking services, and stablecoin capabilities.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific timeline has been set for the rollout of services in Mexico and Brazil?

How will the partnership navigate the diverse regulatory landscapes across other Latin American markets?

What are the projected cost savings and latency reductions for enterprises using this new infrastructure?

like19
dislike

More News on Solowin Holdings Ltd