July 02, 2025
By Our Correspondent
Following the acquisition of Canadian cryptocurrency supplier Banxa, OSL Group’s stock surged 10%, hitting levels not seen in nearly four years.
OSL’s commitment to expanding its global presence and enhancing its digital asset capabilities is demonstrated by the acquisition of Banxa. OSL is putting itself at the forefront of the growing institutional interest in stablecoin applications, especially for cross-border payments, with plans to provide stablecoins under Hong Kong’s new licensing system beginning August 1.
Paul Chan, the financial secretary for Hong Kong, highlighted the function of stablecoins in enabling these exchanges in the face of global unrest. By obtaining an exchange license in Australia and making significant acquisitions in Europe, Japan, and soon Indonesia, OSL is redefining itself.
With the goal of converting conventional assets into digital tokens through their Real-World-Assets endeavor, the company also intends to seek crypto licenses in three additional areas.
The aggressive growth and acquisition strategy of OSL may have a big impact on the world’s cryptocurrency marketplaces. With big businesses like Ant Group and JD.com joining the stablecoin market in Hong Kong, investors may find new growth opportunities by presenting stablecoins as necessary for cross-border transactions.
Global finance may undergo revolutionary changes as OSL and giants like Ant Group move toward stablecoins and digital asset issuance. Hong Kong’s progressive licensing regulations may encourage a broader adoption of digital tokenization, which would have a significant effect on global commerce and economic policies.
