HONG KONG SAR - Media OutReach Newswire^[1] - 17 July 2024 - SOLOWIN HOLDINGS ("SOLOWIN" or the "Company") (Nasdaq: SWIN), a securities brokerage offering comprehensive financial services to investors worldwide, announced the launch of Solomon VA+, an institutional-grade all-in-one smart trading app through its subsidiary, Solomon JFZ (Asia) Holdings Limited ("Solomon").

Ms. Lily Liu, CFO of Solowin (Left 2), Mr. Yang Zhao, Deputy CEO of Finloop (Left 3), Mr. Thomas Tam, CEO of Solowin (Left 4), Mr. Skeet Luo, Executive President of Hundsun Ayers (Left 5)

Solomon is the first licensed broker dealer in Hong Kong combining traditional, virtual assets trading and wealth management services into one app, marking a significant industry development. Innovatively, upgraded from the former one-stop electronic platform, Solomon Win, Solomon VA+ offers integrated financial services infrastructure designed to meet the evolving needs of next-generation and high-net-worth investors. Its launch coincides with increased institutional adoption of virtual assets in Hong Kong.

Key features of Solomon VA+ include:

• Advanced Virtual Asset Trading: Cost-effective services for various virtual assets, including spot ETFs, with in-kind/cash subscription and redemption options, 24/7 trading, and real-time market data.
• Bespoke Asset Management: Access to curated top-performing funds of international fund houses, and personalized investment advice.
• Diverse Trading Options: One account to invest in international stocks, virtual assets, funds, bonds, options, warrants, ETFs, and more. Access multi-market trading in the US, Hong Kong, and Mainland China markets, as well as HK dark pool and US pre-market/after-hours trading.
• Real-time Market Intelligence: Advanced portfolio analytics, risk assessment tools, asset allocation strategies, powered with institutional-grade market data, in-depth analytics, and expert insights for informed decisions.
• Robust Security Infrastructure: Market-leading encryption, ongoing KYC monitoring, multi-factor authentication, and advanced threat detection systems.

With virtual assets uplifted licenses from the Securities and Futures Commission (SFC) of Hong Kong, covering Type 1 (Dealing in securities), Type 4 (Advising on securities) and Type 9 (Asset management), Solomon offers a full spectrum of services for traditional and virtual assets to retail and professional investors. This accomplishment was followed by Solomon becoming one of the first three dealers participating in Hong Kong's spot Bitcoin and Ethereum ETFs, solidifying itself as a market leader. Notably, Solomon ranks first in client holdings in spot Bitcoin and Ethereum ETFs^[1]. These achievements underscore the company's strategic vision and leadership. Forward Looking Statement Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.

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The issuer is solely responsible for the content of this announcement.