Mr. Ling Ngai Lok, Chairman of Solowin Holdings, Joins Neurai as Board Advisor

Mr. Ling Ngai Lok, Chairman of Solowin Holdings, Joins Neurai as Board Advisor

Singapore – July 3, 2024 —

Neurai is excited to announce the appointment of Mr. Ling Ngai Lok, Chairman of Solowin Holdings, as a Board Advisor. With a distinguished career in finance, fund management, and capital markets, Mr. Lok’s expertise will be instrumental as Neurai continues to push the boundaries of financial technology.

Mr. Lok has expressed strong confidence in Neurai’s financial AI model, which is utilized by COPX AI. COPX is run by a DAO and they are the first finance community that uses Neurai’s AI tech. He believes that Neurai’s advanced AI technology will play a pivotal role in bridging traditional finance with digital assets, transforming the financial landscape. 

“I am very delighted that COPX DAO is deploying our AI model for their community. COPX has shown remarkable innovation in combining artificial intelligence with blockchain technology by using Neurai’s AI model, creating a robust platform where traditional financial systems meet modern cryptographic security and efficiency. We look forward to how COPX AI advances fintech development, providing their community with smarter, more efficient, and secure financial services,” said Mr. Lok.

As Chairman of Solowin Holdings, a versatile securities brokerage and investment banking company based in Hong Kong SAR, Mr. Lok has been instrumental in overseeing the operations of various funds, including the Grow World LPF and Solomon Capital Fund SPC. His expertise in finance, fund management, and capital markets has significantly contributed to the growth of Solomon in terms of capital.

Mr. Lok views artificial intelligence as a game-changer for the financial sector. He believes AI has the power to completely transform traditional finance by making decision-making faster and more efficient, cutting down operational costs, improving risk management, sparking financial innovation, and enhancing the overall user experience.

AI can quickly process and analyze huge amounts of data, helping financial institutions and investors make better and quicker decisions. Automated trading and smart customer service powered by AI can significantly reduce costs for financial institutions, boosting their efficiency. AI technology can also keep an eye on market risks in real-time, providing early warnings so that financial institutions can take timely action.

“We welcome Ling Ngai to the company and joining us as our board advisor. His experience will bring valuable input for the company.” said Mr Anndy Lian, Chairman of Neurai. Anndy also added that he had discussions with Mr Lok and both of them believe that the use of AI will lead to the creation of new financial products and services, driving innovation in the industry. Personalized financial services and intelligent customer service systems will greatly enhance the user experience, leading to higher user retention and satisfaction. 

“Solowin Holdings (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, recently announced that the Company, through its subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon”), strengthened its partnership with OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (863.HK) – Hong Kong’s only publicly listed company fully dedicated to digital assets. This partnership aims to facilitate the in-kind subscription and redemption processes essential for the successful deployment and management of Hong Kong’s first spot virtual asset exchange-traded funds (“ETFs”).”

Solomon is also among the first batch of SFC-approved participating dealers for this innovative in-kind subscription and redemption for spot virtual asset ETFs in Hong Kong. As a participating dealer, Solomon will facilitate the in-kind transactions, enabling investors to subscribe to or redeem ETF shares directly with the underlying digital assets, thereby significantly enhancing both the liquidity and accessibility of digital asset investments.

About Neurai

Neurai is an AI technology company based in Singapore, focusing on AI applications within the fintech sector. The company is dedicated to enhancing the efficiency and security of financial operations through AI-driven solutions.

Contact Info:
Name: Joann Park, PR Lead
Email: Send Email
Organization: Neurai Pte Ltd
Website: https://neurai.cc

Release ID: 89134442

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