07:59 AM EDT, 09/09/2025 (MT Newswires) -- Reitar Logtech ( RITR ) said Tuesday it has reached a non-binding agreement with Solowin ( SWIN ) under which Solowin's ( SWIN ) US dollar-denominated Solomon Capital Fund SPC-Solomon Capital SP9 would invest up to $150 million in Reitar's logistics automation facilities, automated cold storage, and related assets.
The strategic partnership includes collaboration on logistics asset tokenization and stablecoin products, including the development of a Hong Kong dollar-backed stablecoin RHKD for logistics payments and supply chain financial services.
The partnership will leverage AlloyX's technology platform and adopt institutional-grade blockchain infrastructure with regulatory compliance.
The parties also plan to form a special investment fund in Qatar to focus on logistics digital infrastructure projects in the Middle East and support Reitar's expansion into Southeast Asian and Middle Eastern markets.