Singapore Gulf Bank

Instant stablecoin conversion is now live on SGB. For businesses that need to pay in crypto. Convert USD to USDC across five chains including ETH, SOL, BASE, ARB and AVAX directly from your SGB account. On @solana: 1:1 conversion. No gas fees. No banking fees. No mint fees. Join the network: go.sgb.com/3OotuKk

SOLOWIN HOLDINGS (AXG)’s AX Coin Signs MOU with Singapore Gulf Bank to Advance Stablecoin and Digital Asset Cooperation MANAMA, Bahrain – May 5, 2026 – SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”) today announced that AX Coin Limited (“AX Coin”), the Company’s stablecoin issuance entity and a key subsidiary, has signed a non-binding Memorandum of Understanding (the “MOU”) with Singapore Gulf Bank (“SGB”) to deepen cooperation on stablecoin infrastructure, cross-border payments, and digital asset initiatives. The MOU was formalized at SGB’s headquarters in the Bahrain World Trade Center by Mr. Xavier George, CEO of AX Coin and Managing Director of Alloyx Group, and Mr. Frederic Boissieras, Director of SGB’s Financial Institutions Group. This strategic partnership marks a major milestone in the expansion of regulated stablecoin applications across the high-growth markets of Asia and the Middle East. Under the MOU, both parties agree to collaborate on integrating AX Coin’s compliant stablecoin infrastructure with SGB’s banking and payment networks. Key areas of cooperation include exploring stablecoin-based cross-border settlement solutions, joint development of treasury management frameworks for digital assets, and the co-creation of institutional-grade payment rails to serve corporate and institutional clients. Mr. Xavier George, CEO of AX Coin and Managing Director of AlloyX Group stated: “This MOU with Singapore Gulf Bank represents a pivotal milestone in our mission to build a global, compliant stablecoin ecosystem. By combining AX Coin’s institutional grade stablecoin infrastructure and tokenization expertise with Singapore Gulf Bank’s strong banking infrastructure, we are well-positioned to deliver next-generation digital payment solutions that meet institutional standards across multiple jurisdictions.” The partnership underscores both parties’ shared commitment to fostering innovation within a secure, compliant, and transparent regulatory framework.

Infini now runs on SGB’s banking infrastructure, strengthening its rails and expanding global reach. Faster, safer access for @0xinfini users worldwide.

When stablecoins move in real time across borders and chains, institutions can focus on business rather than banking. Hold, settle, mint and redeem all within SGB. Join the network: go.sgb.com/3OOHQ6Y

@osldotcom @FireblocksHQ @coinbase Thanks for sharing!

Why your stablecoin strategy needs a regulated home: ✦ Regulated custody - Never compromise between speed and safety. ✦ Unified settlement - Clearing stablecoins and fiat within a single workflow. ✦ Institutional scale - Infrastructure built for the high-volume demands of the digital economy. Join SGB Net and settle instantly with our ecosystem of stablecoin issuers and liquidity providers: go.sgb.com/4ttPMt7

Congratulations to @OCBCBank on being the first bank in Singapore to launch Southeast Asia’s first tokenised physical gold fund on a public blockchain. This is a milestone for the adoption of real asset tokenisation in the region. businesstimes.com.sg/companies-mark…

🇸🇬 NEW: Singapore Gulf Bank launches a stablecoin mint and redeem service enabling 1:1 USD-USDC conversion on Solana.

@solana @Hex_Trust 🤝

16 days till Accelerate USA. The network cleared a trillion last quarter, tokenized assets unlocked as collateral, and Solana tokens landed in front of hundreds of millions on X. Here’s what happened over the week: 📰 Headline News - XRP went live on Solana via @Hex_Trust and @LayerZero_Core - @kamino's PRIME Market surpassed $600M, becoming the largest RWA market in DeFi - @totalistrading became the first YC startup to receive its $500K funding entirely in USDC settled on Solana - @x debuted Cashtags with Solana tokens powered by @saydialect, @helius, @JupiterExchange, and @birdeye_data 📰 Launches - @SGB_app instituted zero fee 1:1 USD to USDC minting and conversion using Solana as the settlement rail - @SolsticeFi integrated @global_dollar's USDG across its entire yield stack - @crossmint revealed upcoming @Mastercard integration for AI agents via lobstercash on Solana - @doublezero shipped Edge beta, delivering institutional-grade low-latency Solana shred market data - @jup_lend unlocked @xStocksFi’s SPYx, QQQx, NVDAx, and TSLAx as collateral with up to 3.8x leverage - RPC 2.0 went live, built with @triton_one, @Helius, @JupiterExchange, @anza_xyz, and @SolanaFndn - @metaplex released Agent Tokens, facilitating agentic capital markets - @byreal_io introduced RealClaw AI agent designed for passive yield generation - @dflow unveiled Agent CLI for automated spot, equity, and prediction market execution - @hylo_so premiered a new trading interface featuring liquidation resistant leverage - @Titan_Exchange opened the DART API in public beta - @atxp_ai moved to x402 and MPP on Solana, topping the agentic commerce leaderboards - @craftsdev initiated the first raise with @refihub, a real-world energy project - @elementaldefi announced V2, introducing isolated vaults - @OVHcloud partnered with Solana, @SuperteamPOL, and @DegenHouse_ to provide dedicated cloud infrastructure for ecosystem builders - @printr V2: Proof of Belief went live on Solana - @HusherExchange rolled out instant private crypto transfers on Solana - @clawpumptech deployed Eternal Agents, autonomous AI with DeFi - @blankdotbuild launched Blank, a post-launch operating platform for tokens - @JurassicFi opened waitlist for its dinosaur fossils tokenization platform - @ClipStake_X exited beta having generated 2B+ views and distributing $400K - @alphafcxyz rebranded Alfreton Town FC's home ground to Solana Stadium - @hackerhouses scheduled a London Special Edition for November 1-12 📰 Milestones - Solana economic activity surpassed $1T in Q1 2026 for the first time - @helium network daily users surpassed 3.4M - @PreStocks volume surpassed $750M - @humafinance's PST hits $156M in supply and 116K depositors - @phygitals surpassed $180M volume on Solana If you enjoyed this week’s newsletter, please share it with an RT. Artwork by @Groowut 🔥

@FirstDigitalHQ Here's to streamlining FDUSD operations 🤝

Stablecoin settlement should not wait on legacy banking. @FirstDigitalHQ uses SGB to reduce friction across FDUSD fiat flows, so minting and redemptions can run with more speed, clarity, and control. What this enables: • Faster internal transfers via SGB Net • Lower operational costs • Strong oversight and aligned compliance processes A cleaner banking layer for stablecoin infrastructure. Learn more: go.sgb.com/4vu9eYm

SGB now connects to @BNYglobal's correspondent banking network and fixed income brokerage platform. • A stronger USD backbone, with 24/7 settlement • Direct access to U.S. Treasuries • Your funds, with more reach Read more: go.sgb.com/4sUoCeF

SGB handles currency exchange for you. Speak with our team: go.sgb.com/4m3cuWe

@zerocap_fx 🤝

Zerocap has partnered with @SGB_app to bring real-time USD settlement to institutional crypto. Through SGB Net — same-day certainty during Asia hours, no dependency on US banking hours, no overnight limbo. Full story: zerocap.com/insights/artic…