Deep Tide TechFlow News, February 12 — According to Globenewswire, Nasdaq-listed fintech company SOLOWIN HOLDINGS announced that it has reached a securities purchase agreement with Streeterville Capital to secure $100 million in financing. SOLOWIN will issue and sell pre-paid shares for Streeterville Capital to purchase. The first pre-paid share transaction of approximately $5.415 million has been completed. The company plans to use these funds to support its stablecoin and asset tokenization businesses. SOLOWIN previously disclosed that it will collaborate with Antalpha to launch a Bitcoin quantitative fund with a scale of up to $100 million, utilizing data-driven algorithmic trading strategies to invest in Bitcoin.
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SOLOWIN reaches securities purchase agreement to raise $100 million to support stablecoin and asset tokenization business
Deep Tide TechFlow News, February 12 — According to Globenewswire, Nasdaq-listed fintech company SOLOWIN HOLDINGS announced that it has reached a securities purchase agreement with Streeterville Capital to secure $100 million in financing. SOLOWIN will issue and sell pre-paid shares for Streeterville Capital to purchase. The first pre-paid share transaction of approximately $5.415 million has been completed. The company plans to use these funds to support its stablecoin and asset tokenization businesses. SOLOWIN previously disclosed that it will collaborate with Antalpha to launch a Bitcoin quantitative fund with a scale of up to $100 million, utilizing data-driven algorithmic trading strategies to invest in Bitcoin.