Solowin and Antalpha to launch joint Bitcoin quantitative fund

HONG KONG - SOLOWIN HOLDINGS (NASDAQ:SWIN), a $246 million market cap company whose stock has surged over 200% year-to-date, announced Wednesday plans to launch a joint Bitcoin quantitative fund with Singapore-based Antalpha, targeting US$100 million in assets under management. According to InvestingPro analysis, the stock currently appears overvalued based on its Fair Value estimates.

The fund will employ a data-driven, algorithmic trading strategy focused on Bitcoin investments, according to a company press release. Solowin will operate the fund through its regulated subsidiary Solomon JFZ (Asia) Holdings Limited.

Solowin provides financial services across traditional and digital asset markets, offering corporate finance, wealth management, asset management, and Web3 solutions primarily to high-net-worth and institutional investors. The company’s Solomon VA+ platform integrates traditional and virtual asset trading with wealth management.

Partner company Antalpha specializes in financing, technology, and risk management solutions for digital asset institutions. As the primary lending partner of Bitmain, a designer of ASIC chips for Bitcoin mining, Antalpha offers Bitcoin supply chain and margin loans through its Antalpha Prime platform.

Solowin, founded in 2016, operates through subsidiaries licensed by Hong Kong’s Securities and Futures Commission with digital asset capabilities. The company maintains a Web3 Infrastructure Division and delivers traditional finance services, real-world asset tokenization, and digital payment solutions.

The announcement represents the latest development in the growing institutional adoption of algorithmic trading strategies for cryptocurrency investments. InvestingPro subscribers can access additional insights, including 8 more key tips about SWIN’s financial performance and growth prospects.

In other recent news, Solowin Holdings, Ltd. has announced a registered direct offering involving certain individual investors. The company plans to sell approximately 10.6 million Class A Ordinary Shares, each with a par value of $0.0001, to raise around $3.5 million in gross proceeds. This transaction is detailed in a recent SEC filing and is expected to close on May 27, 2025, pending customary closing conditions. The funds from this share sale are earmarked for enhancing Solowin Holdings’ working capital and addressing general corporate needs. This development marks a significant financial maneuver for Solowin Holdings, reflecting its ongoing strategic initiatives.

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