About AX Coin
AX Coin is the first stablecoin issuer licensed by the Central Bank of Bahrain.
The issuer
AX Coin is the stablecoin issuance entity and a key subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.
License
AX Coin Bahrain B.S.C Closed is licensed by the Central Bank of Bahrain as a Stablecoin Issuer.
What we issue
AXUSD is our stablecoin pegged to the United States dollar. AXBHD is the first stablecoin pegged to the Bahraini dinar. Both will launch on Ethereum, with additional public networks added over time. Token supply is publicly verifiable on-chain and reconciled daily against reserves.
Reserves
Every token issued is backed 1:1 by reserves held in regulated and reputable Banks.