08:22 AM EDT, 08/20/2025 (MT Newswires) -- Solowin Holdings ( SWIN ) said Wednesday that its US$-denominated fund, Solomon Capital, has signed a memorandum of understanding with CITIC Contracting to co-develop digital infrastructure in Saudi Arabia.

The collaboration aims to bring together Solowin's ( SWIN ) technology-driven platform with CITIC's real estate investment expertise to address the demand for real-world asset tokenization across the Middle East market, Solowin ( SWIN ) said.

Shares of Solowin ( SWIN ) were up 3% in recent Wednesday premarket activity.