SOLOWIN HOLDINGS (NASDAQ: AXG) announced on [date] that its U.S. subsidiary, AXG Digital Holdings, has appointed Andrew Vickery as chief executive officer and director, and Carsten Bressel as vice president of strategic and business development. The move is aimed at advancing the company’s artificial intelligence and high-performance computing (HPC) infrastructure strategy, according to a press release.
Vickery brings more than two decades of experience across technology, power, and infrastructure, including six years at JPMorganChase, where he participated in over $20 billion in power generation and related infrastructure financings. Bressel has a background in private equity, venture investing, strategic transactions, and the development and capitalization of AI infrastructure projects in the United States and Europe.
The appointments come as AXG Digital accelerates an AI infrastructure expansion targeting more than 100 megawatts of operational HPC capacity by 2028, with a development pipeline representing more than 1 gigawatt of potential capacity across Europe, the United States, and sub-Arctic markets. Subject to funding availability for identified projects, AXG Digital is focused on developing and acquiring AI-ready infrastructure in markets where access to power, connectivity, and capital can provide structural advantages. The strategy builds on the company’s existing AI software and ecosystem foundation, including KOVAR AI, KOVAR Cloud, KOVAR Router, and KOVAR KYA.
The leadership additions are critical for AXG as it seeks to capitalize on the booming demand for AI computing power. Vickery’s extensive experience in power generation financing is particularly relevant, given that access to reliable and affordable energy is a major bottleneck for HPC data centers. His track record at JPMorganChase, where he helped structure over $20 billion in power-related financings, positions him to navigate the complex capital and regulatory landscape of large-scale infrastructure projects. Bressel’s expertise in private equity and venture investing, combined with his direct experience in AI infrastructure development, will aid in sourcing and executing strategic transactions and securing funding.
The company’s ambitious target of 100 MW of operational capacity by 2028 and a pipeline exceeding 1 GW underscores the scale of its ambitions. For context, 1 GW of HPC capacity could power hundreds of thousands of homes and represents a significant portion of the rapidly growing AI data center market. By focusing on markets with structural advantages in power, connectivity, and capital, AXG aims to differentiate itself in a competitive landscape where speed to deployment and cost efficiency are paramount.
Moreover, the integration with AXG’s existing AI software offerings—such as KOVAR AI, KOVAR Cloud, KOVAR Router, and KOVAR KYA—suggests a holistic approach that combines hardware infrastructure with software and ecosystem services. This could create a flywheel effect, attracting more customers and partners to its platform. For investors, these appointments signal a serious commitment to executing on the AI infrastructure vision, potentially unlocking new revenue streams and enhancing AXG’s competitive positioning in the dual-token digital economy.
SOLOWIN HOLDINGS, established in 2016, operates a fully compliant dual-token digital economy super platform, combining blockchain and AI technologies. Its core business pillars include Digital Asset Tokens and AI Tokens, with offerings spanning stablecoin issuance, asset tokenization, securities trading, and AI-powered services. For more information, visit the company’s website at https://www.alloyx.com or its investor relations page at https://ir.alloyx.com.
