Techub News: Nasdaq-listed company SOLOWIN HOLDINGS has reached a securities purchase agreement with Streeterville Capital to secure up to $100 million in funding. The company will issue and sell pre-paid shares for purchase by Streeterville Capital, with the first pre-paid share transaction of approximately $5.415 million already completed. The funds will be used to support its stablecoin and asset tokenization businesses. Previously, SOLOWIN disclosed a partnership with Antalpha to launch a Bitcoin quantitative fund with a scale of up to $100 million, utilizing data-driven algorithmic trading strategies to invest in Bitcoin.
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Techub News: Nasdaq-listed company SOLOWIN HOLDINGS has reached a securities purchase agreement with Streeterville Capital to secure up to $100 million in funding. The company will issue and sell pre-paid shares for purchase by Streeterville Capital, with the first pre-paid share transaction of approximately $5.415 million already completed. The funds will be used to support its stablecoin and asset tokenization businesses. Previously, SOLOWIN disclosed a partnership with Antalpha to launch a Bitcoin quantitative fund with a scale of up to $100 million, utilizing data-driven algorithmic trading strategies to invest in Bitcoin.