AlloyX and Bahrain FinTech Bay Announce Strategic Partnership to Accelerate Stablecoin Innovation

AlloyX (AXG) announced a strategic partnership with Bahrain FinTech Bay on February 15, 2026, to accelerate development and adoption of regulated stablecoin applications in Bahrain and the GCC.

Rhea-AI Summary

AlloyX (AXG) announced a strategic partnership with Bahrain FinTech Bay on February 15, 2026, to accelerate development and adoption of regulated stablecoin applications in Bahrain and the GCC.

The collaboration will engage Bahrain FinTech Bay’s innovation ecosystem and payments and technology partners while AlloyX advances plans to seek regulatory approval and prepare for a market launch of its stablecoin.

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-2.49% session move Open Argus

Details

News Market Reaction – AXG

The recorded move for AXG in the trading session of this news was -2.49%.

Data tracked by StockTitan Argus. Session date unavailable.

Market Context

This announcement adds another step in AXG’s strategy to build a regulated stablecoin ecosystem, lin...

Analysis

This announcement adds another step in AXG’s strategy to build a regulated stablecoin ecosystem, linking AlloyX with Bahrain FinTech Bay’s innovation network. It follows recent in‑principle license approval in Bahrain, regional expansion into Korea and Japan, and partnerships in carbon and green asset tokenization. Investors may track progress toward full regulatory approval, the actual launch of the stablecoin, and how these collaborations translate into usage and revenue over time.

Historical Context

5 past events · Latest: Feb 11

5 events

1. Feb 11

   Financing agreement

   24h Move

   +3.7%

   Up to $100M Streeterville financing to support digital asset and stablecoin strategy.

2. Feb 06

   Carbon partnership

   24h Move

   -2.5%

   Partnership with Taobao Shangou and Bossen for blockchain-based carbon reduction pilot.

3. Feb 05

   Regional expansion

   24h Move

   +11.8%

   Expansion of compliant digital asset business into Korea and Japan using Ferion platform.

4. Jan 28

   License approval

   24h Move

   -0.2%

   AX Coin gains in‑principle stablecoin license approval from Central Bank of Bahrain.

5. Jan 23

   Green tokenization deal

   24h Move

   -3.3%

   AlloyX partners with Quantum and Time Group for green asset tokenization in Malaysia.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

stablecoin, regulatory approval

2 terms

stablecoin financial

"to drive innovation and accelerate the adoption of regulated stablecoin applications"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

regulatory approval regulatory

"ongoing plans toward gaining regulatory approval and subsequent market launch of Stablecoin"

Regulatory approval is the official permission given by government agencies or authorities that allows a product, service, or business activity to be legally operated or sold. It is important to investors because receiving approval often indicates that a product has been reviewed for safety and compliance, which can influence its success and the company’s prospects in the market. Without this approval, launching or selling certain products may be restricted or prohibited.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MANAMA, Bahrain, Feb. 15, 2026 (GLOBE NEWSWIRE) -- AlloyX Limited (the “Company” or “AlloyX”) today announced a strategic partnership with Bahrain FinTech Bay to drive innovation and accelerate the adoption of regulated stablecoin applications, further strengthening Bahrain’s position as a regional hub for digital finance.

Xavier George, Managing Director of AlloyX (left) and Bader Sater, Chief Executive Officer of Bahrain Fintech Bay (right)

Under the collaboration, AlloyX will work with Bahrain FinTech Bay’s innovation ecosystem to explore and collaborate on next generation stablecoin application scenarios, along with leading global and regional payments and technology partners. The partnership coincides with AlloyX’s ongoing plans toward gaining regulatory approval and subsequent market launch of Stablecoin.

Dr. Thomas Zhu, Co-Founder and CEO of AlloyX, said: “This partnership with Bahrain FinTech Bay aligns closely with our vision for the future of digital finance. We are committed to building compliant and scalable stablecoin solutions in Bahrain, driving tangible benefits for the GCC region and its global counterparts.”

Xavier George, Managing Director of AlloyX, added:
“As we accelerate our leadership position in the region, this strategic collaboration lays a strong foundation for future innovations to come. We appreciate the amazing support from the Bahrain FinTech Bay leadership team as we progress toward the launch of our stablecoin.”

Group Photo of representatives of Bahrain Fintech Bay and AlloyX Limited

About AlloyX Limited:
A subsidiary of Solowin Holdings (Nasdaq: AXG), AlloyX Limited serves as a bridge between traditional finance and the digital assets ecosystem as a global integrated financial services institution. The Company operates across stablecoin payments, tokenization service, digital brokerage, and on-chain financial infrastructure. By integrating traditional brokerage and banking systems with blockchain technology, AlloyX delivers secure, efficient, and auditable digital financial solutions for institutions. Backed by leading international investors, we are building the next generation digital financial infrastructure empowering the global transition toward a regulated digital economy.

For more information, visit the Company’s website at https://www.alloyx.com or please visit: www.alloyx.com.

About Bahrain FinTech Bay (BFB):
Founded in 2018, Bahrain FinTech Bay (BFB) is the Kingdom’s leading ecosystem builder, dedicated to advancing innovation and collaboration across financial services. It incubates impactful and scalable fintech initiatives through innovation labs, acceleration programs, curated activities, and educational opportunities.

As an ecosystem builder, BFB plays a pivotal role in driving the growth and maturity of Bahrain’s fintech ecosystem by fostering connectivity between government bodies, financial institutions, corporates, consultancy firms, universities, associations, venture capital firms, and fintech startups. Through its ecosystem-building initiatives, BFB continues to support the Kingdom’s vision to position Bahrain as a regional hub for fintech innovation and digital transformation.

Bahrain FinTech Bay is a subsidiary of The BENEFIT Company.

For more information, please visit BFB’s website: www.bahrainfintechbay.com.

Contact
Charlotte Qi
info@alloyx.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/56fa73fe-0c21-4cd8-81dd-7fea4779f0a2
https://www.globenewswire.com/NewsRoom/AttachmentNg/7a155719-62b5-44af-a64c-55964c2aa12a

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AlloyX (AXG) announce with Bahrain FinTech Bay on February 15, 2026?

AlloyX announced a strategic partnership to accelerate regulated stablecoin innovation and adoption in Bahrain and the GCC. According to the company, the collaboration will leverage Bahrain FinTech Bay’s ecosystem and global payments partners to explore next‑generation stablecoin application scenarios.

How does the AlloyX and Bahrain FinTech Bay partnership affect AXG’s regulatory plans?

The partnership supports AlloyX’s ongoing efforts toward obtaining regulatory approval and preparing for a stablecoin market launch. According to the company, working with Bahrain FinTech Bay aims to align product development with local regulatory expectations and industry partners.

What specific activities will AlloyX (AXG) pursue with Bahrain FinTech Bay under the partnership?

AlloyX will explore and collaborate on next‑generation stablecoin application scenarios with payments and technology partners. According to the company, activities include ecosystem collaboration, pilot exploration, and engagement with regional and global payments firms to test use cases.

When does AlloyX expect to launch its stablecoin after partnering with Bahrain FinTech Bay?

AlloyX has ongoing plans toward regulatory approval and a subsequent market launch but provided no firm launch date. According to the company, the partnership is intended to accelerate progress while regulatory discussions and approvals remain underway.

What is the strategic importance of Bahrain for AlloyX (AXG) mentioned on February 15, 2026?

Bahrain is positioned as a regional hub for digital finance and a regulatory environment for compliant stablecoin solutions. According to the company, the partnership with Bahrain FinTech Bay aims to strengthen Bahrain’s role and support GCC market adoption.