Showcasing its Virtual Asset Business
HONG KONG, Feb. 01, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), one of the few Chinese investor-focused and versatile securities brokerage companies based in Hong Kong, debuted in two recent major investment conferences by delivering compelling presentations and engaging in one-on-one meetings with investors at the Sequire Investor Summit, in San Juan, Puerto Ric, from January 23 to 25, 2024, and The Microcap Conference, in Atlantic City, New Jersey from January 30 to February 1, 2024.
During the conferences, the Company highlighted the recent development of its virtual asset business. The Company’s wholly-owned operating subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon JFZ”), obtained approval from the Securities and Futures Commission of Hong Kong, upgrading its Type 1 license to provide virtual asset dealing services to its customers. This successful license uplift allows the Company to expand its business scope to provide both traditional securities dealing services and virtual asset trading services.
Mr. Thomas Tam, the Company’s Chief Executive Officer, commented, “We offer a wide spectrum of products and services across traditional assets to virtual assets. Through our omnibus account arrangement, our clients can now seamlessly trade virtual assets. We believe our future prospects are bright as the global markets, including regions like Hong Kong, the United States, and Singapore, are increasingly open to virtual asset trading. While cryptocurrency proves to be a promising asset class, it’s imperative to guarantee safety for all participants in the trading process. We will be dedicated to delivering secure and regulated virtual asset services to our valued customers.”
About SOLOWIN HOLDINGS
Based in Hong Kong, SOLOWIN HOLDINGS is a versatile securities brokerage company strategically focused on high-net-worth investors worldwide. It offers a wide spectrum of products and services, spanning from traditional assets to virtual assets through its advanced and secure one-stop electronic platform, Solomon Win.
Experiencing robust growth since 2021, SOLOWIN HOLDINGS distinguishes itself through its subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon JFZ”), licensed by the Hong Kong Securities and Future Commission. Solomon JFZ empowers the company to deliver unparalleled one-stop financial solutions to both individual investors and corporate clients. The diversified offerings include Securities Brokerage, Investment Banking, Asset Management, Virtual Assets, and cutting-edge FinTech Services. For more information, visit the company’s website at http://ir.solomonwin.com.hk.
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.
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