SOLOWIN HOLDINGS Appoints Key Executives to Drive AI and HPC Infrastructure Strategy in Texas and Beyond

SOLOWIN HOLDINGS (NASDAQ: AXG) announced that its U.S. subsidiary, AXG Digital Holdings, has appointed Andrew Vickery as CEO and director and Carsten Bressel as vice president of strategic and business development. The appointments are aimed at advancing the company's artificial intelligence and high-performance computing infrastructure strategy, according to a press release.

Vickery brings more than two decades of experience across technology, power, and infrastructure, including six years at JPMorganChase, where he was involved in more than $20 billion in power generation and related infrastructure financings. Bressel has a background in private equity, venture investing, strategic transactions, and the development and capitalization of AI infrastructure projects in the United States and Europe.

The appointments come as AXG Digital accelerates an AI infrastructure expansion targeting more than 100 megawatts of operational HPC capacity by 2028, with a development pipeline representing more than 1 gigawatt of potential capacity across Europe, the United States, and sub-Arctic markets. Subject to funding availability for identified projects, AXG Digital is focused on developing and acquiring AI-ready infrastructure in markets where access to power, connectivity, and capital can provide structural advantages. The strategy builds on the company's existing AI software and ecosystem foundation, including KOVAR AI, KOVAR Cloud, KOVAR Router, and KOVAR KYA.

For Texas, this news signals potential economic impact as the state continues to emerge as a hub for AI and high-performance computing. The demand for AI infrastructure is surging, and Texas offers competitive advantages in power availability, connectivity, and capital access. If AXG Digital's expansion includes Texas projects, it could spur job creation, attract further investment, and strengthen the state's technology ecosystem. The company's focus on power generation and infrastructure financing aligns with Texas's energy expertise, potentially creating synergies between the tech and energy sectors.

SOLOWIN HOLDINGS (Nasdaq: AXG) is a global regulated fintech company established in 2016. It combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. Guided by the mission "Mobilizing Tokens 24/7," AXG operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router. Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.

The strategic appointments and ambitious expansion plans underscore the growing intersection of AI, energy, and finance. For readers in Texas, this development highlights the state's potential to attract cutting-edge infrastructure projects that require significant power and capital. As AI continues to transform industries, Texas businesses and workers may benefit from increased investment and innovation. The move also reflects broader trends in the global economy, where AI infrastructure is becoming a critical asset class. For more information, visit the company's website at https://www.alloyx.com or its Investor Relations page at https://ir.alloyx.com.