* Solowin (AXG) announced a securities purchase agreement with Streeterville Capital, LLC, for up to $100M in financing to bolster its digital asset initiatives.
* An initial tranche of about $5.415M has already closed, with further purchases possible by mutual agreement.
* The proceeds will primarily support expansion of stablecoin operations and asset tokenization businesses, alongside R&D in AI and blockchain security technologies, and broader global market growth.
* The stock price dropped ~1.8% to $3.83 on Thursday during pre-market hours of trading.
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