Odaily Planet Daily reports that 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 partner 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. (Globenewswire)
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