AlloyX Partners with Bahrain FinTech Bay to Advance Stablecoin Applications
MANAMA, Bahrain — February 15, 2026 — Leads & Copy — AlloyX Limited has announced a strategic partnership with Bahrain FinTech Bay to foster innovation and accelerate the use of regulated stablecoin applications.
The collaboration aims to reinforce Bahrain’s standing as a regional center for digital finance. As part of the partnership, AlloyX will collaborate with Bahrain FinTech Bay’s innovation ecosystem to investigate and develop next-generation stablecoin application scenarios, alongside global and regional payments and technology partners.
The partnership aligns with AlloyX’s plans to obtain regulatory approval and launch its stablecoin in the market.
Dr. Thomas Zhu, Co-Founder and CEO of AlloyX, said the partnership aligns with the company’s vision for the future of digital finance. He added that AlloyX is committed to building compliant and scalable stablecoin solutions in Bahrain, to drive benefits for the GCC region and its global counterparts.
Xavier George, Managing Director of AlloyX, noted the strategic collaboration lays a foundation for future innovations. He expressed appreciation for the support from the Bahrain FinTech Bay leadership team as the company progresses toward the launch of its stablecoin.
AlloyX Limited, a subsidiary of Solowin Holdings (Nasdaq: AXG), aims to bridge traditional finance and the digital assets ecosystem as an integrated financial services institution. The company’s operations include stablecoin payments, tokenization service, digital brokerage, and on-chain financial infrastructure.
Bahrain FinTech Bay (BFB), established in 2018, is an ecosystem builder that seeks to advance innovation and collaboration across financial services. It incubates fintech initiatives through innovation labs, acceleration programs, activities, and educational opportunities. BFB supports Bahrain’s vision to position itself as a regional hub for fintech innovation and digital transformation. Bahrain FinTech Bay is a subsidiary of The BENEFIT Company.
Source: AlloyX Limited
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