AlloyX, Bahrain FinTech Bay Partner on Stablecoin Innovation
AlloyX Limited announced a strategic partnership with Bahrain FinTech Bay to drive innovation and accelerate the adoption of regulated stablecoin applications, further strengthening Bahrain’s position as a regional hub for digital finance.
Xavier George, Managing Director of AlloyX (left) and Bader Sater, Chief Executive Officer of Bahrain Fintech Bay (right)
Under the collaboration, AlloyX will work with Bahrain FinTech Bay’s innovation ecosystem to explore and collaborate on next generation stablecoin application scenarios, along with leading global and regional payments and technology partners. The partnership coincides with AlloyX’s ongoing plans toward gaining regulatory approval and subsequent market launch of Stablecoin.
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Dr. Thomas Zhu, Co-Founder and CEO of AlloyX, said: “This partnership with Bahrain FinTech Bay aligns closely with our vision for the future of digital finance. We are committed to building compliant and scalable stablecoin solutions in Bahrain, driving tangible benefits for the GCC region and its global counterparts.”
Xavier George, Managing Director of AlloyX, added:
“As we accelerate our leadership position in the region, this strategic collaboration lays a strong foundation for future innovations to come. We appreciate the amazing support from the Bahrain FinTech Bay leadership team as we progress toward the launch of our stablecoin.”
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A subsidiary of Solowin Holdings, AlloyX Limited serves as a bridge between traditional finance and the digital assets ecosystem as a global integrated financial services institution. The Company operates across stablecoin payments, tokenization service, digital brokerage, and on-chain financial infrastructure. By integrating traditional brokerage and banking systems with blockchain technology, AlloyX delivers secure, efficient, and auditable digital financial solutions for institutions. Backed by leading international investors, we are building the next generation digital financial infrastructure empowering the global transition toward a regulated digital economy.
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