AXG Revenue Surges 895% as Stablecoin and Fiat Trading Volume Reaches $1.04 Billion

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AXG Revenue Surges 895% as Stablecoin and Fiat Trading Volume Reaches $1.04 Billion. (2026, September 18). Toronto Star. https://www.thestar.com/globenewswire/axg-revenue-surges-895-as-stablecoin-and-fiat-trading-volume-reaches-1-04-billion/article_99f23ac4-68f5-5ab5-8b72-91fb4e539ca7.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Toronto Star · collected 2026-09-18 · by GlobeNewswire, Inc.

Quick Summary

SOLOWIN HOLDINGS (AXG) reported a significant surge in revenue to $28.05 million for the fiscal year ended March 31, 2026, marking an 895% increase from the previous year. The company's stablecoin and fiat trading volume rose to $1.04 billion, up 395% from earlier figures. Despite this growth, AXG recorded a net loss of $13.29 million for the period.

Written by AI on 2026-09-19, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In September 2026, SOLOWIN HOLDINGS (Nasdaq: AXG) reported a significant surge in revenue to $28.05 million for the fiscal year ending March 31, 2026, marking an 895% increase from the previous year’s $2.82 million. The company's stablecoin and fiat trading volume skyrocketed by 395%, reaching a staggering $1.04 billion, with an additional $830 million in annual activity as AXG expands its institutional digital-finance offerings.

Across its platforms, AXG achieved impressive milestones: client assets under administration grew to $848.8 million, up 347% from the previous year; AX ONE processed $226 million in payment volume; and FERION completed ten tokenization projects valued at $52 million. AI infrastructure contributed approximately $22.2 million (79%) of group revenue, while Digital Asset Tokens brought in around $5.6 million. Despite these achievements, AXG recorded a net loss of $13.29 million for the fiscal year.

Written for “AXG Revenue Surge” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

📰 AXG Revenue Surge

Economy/Business · 1 article(s) covering the same event.

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sentences that state something as happening or true

Uncertain

0 of 6 hedged ("reportedly", "may", "according to")

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not political

takes no side on a contested political question

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64/100

Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.

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Economy/Business

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articles that frame the event the way this one does

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Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

AX ONE AXG GLOBE NEWSWIRE HONG KONG SOLOWIN HOLDINGS

Subjects

AXG ORG · 2× AX ONE ORG · 1× FERION ORG · 1× GLOBE NEWSWIRE ORG · 1× HONG KONG GPE · 1× SOLOWIN HOLDINGS ORG · 1×

Narrative

Client assets under administration increased 347% to $848.8 million, AX ONE processed $226 million in payment volume, and FERION completed 10 tokenization projects representing $52 million in value.

framing: assertive · carried by 1 article(s) · first seen 2026-09-19

🔮 AI infrastructure contributed approximately $22.2 million, or 79% of group revenue, while Digital Asset Tokens contributed approximately $5.6 million.

2026-09-19 · Toronto Star

AXG Revenue Surges 895% as Stablecoin and Fiat Trading Volume Reaches $1.04 Billion · assertive framing

Claims (6 extracted, 0 hedged)

SOLOWIN HOLDINGS (Nasdaq: AXG) reported $28.05 million in revenue for the fiscal year ended March 31, 2026, approximately 895% above $2.82 million a year earlier. asserted

HOLDINGS → report → million

Stablecoin and fiat trading volume increased 395% to $1.04 billion, adding approximately $830 million in annual activity as the company develops its institutional digital-finance business. asserted

company → increase → business

AXG’s operating progress extended across its platforms. asserted

progress → extend → platforms

Client assets under administration increased 347% to $848.8 million, AX ONE processed $226 million in payment volume, and FERION completed 10 tokenization projects representing $52 million in value. asserted

FERION → increase → value

AI infrastructure contributed approximately $22.2 million, or 79% of group revenue, while Digital Asset Tokens contributed approximately $5.6 million. asserted

Tokens → contribute → million

The company recorded a $13.29 million net loss. asserted

company → record → loss

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