OSL

OSL and Solomon Strengthen Partnership to Facilitate Hong Kong’s Innovative Spot Crypto ETFs with In-kind Subscription and Redemption

Retrieved on: 
Friday, April 26, 2024
Crypto, Bitcoin, Ethereum, ETF, Investment, OSL, Partnership, Digital, SOC, Cryptocurrency

HONG KONG, April 26, 2024 (GLOBE NEWSWIRE) -- Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model.

Key Points: 
  • HONG KONG, April 26, 2024 (GLOBE NEWSWIRE) -- Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model.
  • This advanced partnership now includes comprehensive advisory and operational support, specifically tailored to facilitate the in-kind subscription and redemption processes essential for the successful deployment and management of Hong Kong’s first Spot Crypto ETFs, ready to be launched soon.
  • This enhancement of the partnership allows Solomon to play a key role as a participating dealer, facilitating these in-kind transactions that enable investors to subscribe to or redeem ETF shares directly with the underlying digital assets.
  • Patrick Pan, Chairman of the Board & CEO of OSL, addressed, “The introduction of these ETFs marks a significant enrichment of Hong Kong’s financial landscape, enhancing investment options and market liquidity which are crucial for our economy’s dynamism.

SOLOWIN HOLDINGS Strengthens Partnership with OSL to Facilitate Hong Kong’s Innovative Spot Virtual Asset ETFs with In-Kind Subscription and Redemption

Retrieved on: 
Friday, April 26, 2024
Digital, SFC, OSL, ETF, Partnership, Investment, Security (finance)

Solomon is the first batch of SFC-approved participating dealer of this innovative in-kind subscription and redemption for spot virtual asset ETFs in Hong Kong.

Key Points: 
  • Solomon is the first batch of SFC-approved participating dealer of 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.
  • Mr. Thomas Tam, Chief Executive Officer of SOLOWIN, noted, "Through our partnership with OSL and various regulatory entities, we are participating in the establishment of new standards for investment and compliance in the virtual asset sector in Hong Kong.
  • These efforts are crucial for advancing the local digital asset market, spurring innovation, and attracting more inbound investments."

OSL First To Be Granted AMLO Licence

Retrieved on: 
Monday, April 22, 2024
Bitcoin, Lead, AMLO, Investment, Ether, Safety, OSL, Securities and Futures Commission, Security (finance), Digital, SOC, Trust, China Asset Management, Property management

Hong Kong , April 22, 2024 (GLOBE NEWSWIRE) -- 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 – is the first to be granted a licence under the Anti-Money Laundering and Counter-Terrorist Financing (“AMLO”) by Securities and Futures Commission Hong Kong (“SFC”).

Key Points: 
  • Hong Kong , April 22, 2024 (GLOBE NEWSWIRE) -- 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 – is the first to be granted a licence under the Anti-Money Laundering and Counter-Terrorist Financing (“AMLO”) by Securities and Futures Commission Hong Kong (“SFC”).
  • This vital achievement emphasises OSL's ongoing efforts to embrace regulation, enhancing the security and credibility of the digital asset space.
  • As the first digital asset platform licensed in Hong Kong, and now embarking on its fourth year of compliance and operational excellence, OSL has consistently upheld the highest regulatory and compliance standards in Hong Kong.
  • This AMLO licence marks a key milestone in OSL’s mission to lead and innovate within the regulated digital assets market.

SOLOWIN HOLDINGS Selected as a Key Participating Dealer for Harvest Global’s First Spot Bitcoin and Ethereum ETF in Hong Kong

Retrieved on: 
Tuesday, April 16, 2024
Bitcoin, Ethereum, ETF, Investment, OSL, SFC, Cryptocurrency

HONG KONG, April 16, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, today announced that Solomon JFZ (Asia) Holdings Limited, its operating subsidiary, has been selected as one of the three participating dealers for Harvest Global’s spot Bitcoin and Ethereum ETF in Hong Kong.

Key Points: 
  • HONG KONG, April 16, 2024 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: SWIN) (“SOLOWIN” or the “Company”), a securities brokerage company that offers comprehensive financial services primarily to Chinese investors, today announced that Solomon JFZ (Asia) Holdings Limited, its operating subsidiary, has been selected as one of the three participating dealers for Harvest Global’s spot Bitcoin and Ethereum ETF in Hong Kong.
  • Harvest Global was one of the just three ETF providers to receive conditional approval from the Hong Kong Securities and Futures Commission (SFC) this week to launch spot Bitcoin and Ethereum ETFs.
  • Mr. Thomas Tam, Chief Executive Officer of SOLOWIN, commented, "We are excited to play a crucial role in the launch of Harvest Global’s first spot Bitcoin and Ethereum ETF in Hong Kong.
  • The virtual asset spot ETFs in Hong Kong will also introduce an in-kind subscription mechanism that allows investors to buy into the ETF using Bitcoin or Ethereum directly.

OSL Appointed as the First Exchange and Sub-Custodian Partner for China AMC’s Inaugural Spot BTC/ETH ETF Launch in Hong Kong

Retrieved on: 
Monday, April 15, 2024
Bitcoin, Ethereum, HK, Element, Investment, Safety, OSL, Partnership, Environment, SOC, ETF, China Asset Management, Cryptocurrency

This collaboration marks a critical advancement in the financial landscape of the region, heralding a new chapter in digital asset investments.

Key Points: 
  • This collaboration marks a critical advancement in the financial landscape of the region, heralding a new chapter in digital asset investments.
  • With few markets worldwide accommodating Spot BTC/ETH ETFs, Hong Kong’s initiative places it alongside pioneering regions such as Canada, Germany, and Switzerland.
  • In this partnership, OSL utilizes its well-established infrastructure to ensure a safe trading environment crucial for the ETF's operations, meticulously managing the underlying assets.
  • "We are thrilled to collaborate with the talented team at China AMC, marking this milestone in the ETF landscape," said Patrick Pan, Chairman of the Board & CEO of OSL.

OSL Appointed First Virtual Asset Trading Platform and Sub-Custodian for Harvest Global’s First Spot Bitcoin and Ethereum ETF Launch in Hong Kong

Retrieved on: 
Monday, April 15, 2024
Bitcoin, Harvest, Investment, Safety, BTC, OSL, Partnership, Environment, SOC, Trust, ETF

HONG KONG, April 15, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities, a leading licensed digital asset platform and a core entity of OSL Group (863.HK), is honoured to be appointed as the first virtual asset trading platform and sub-custodian for the Harvest Global’s first spot BTC/ETH ETF, which has just received approval in principle for authorisation for public offering in Hong Kong.

Key Points: 
  • HONG KONG, April 15, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities, a leading licensed digital asset platform and a core entity of OSL Group (863.HK), is honoured to be appointed as the first virtual asset trading platform and sub-custodian for the Harvest Global’s first spot BTC/ETH ETF, which has just received approval in principle for authorisation for public offering in Hong Kong.
  • This partnership signifies a pivotal development in the region's financial sector, introducing a new era of digital asset investment.
  • Spot BTC/ETH ETFs have been much anticipated globally, and viewed as a transformative vehicle for funnelling substantial funds and investors into the digital asset space.
  • The direct exposure mechanism these ETFs offer simplifies investment in digital assets like Bitcoin, enhancing accessibility and market liquidity.

ICO fines two companies a total of £340,000 for making aggressive and unwanted marketing calls

Retrieved on: 
Thursday, April 25, 2024
Friends, PECR, CTPS, Communication, DRT, Telephone, Police Scotland, Information, OSL, Telecommunications, Freedom, EIR, Mobile, Telephone Preference Service, Privacy, TPS, ICO, Trading Standards, Environmental Information Regulations 2004, Information privacy, Data wrangling, FOIA, Marketing, Spam, National Fraud Intelligence Bureau, Cryptocurrency

Almost 1.43 million calls made over a 13-month period.

Key Points: 


Almost 1.43 million calls made over a 13-month period.

OSL Transacts First Investment-grade Tokenised Warrant by UBS In Hong Kong

Retrieved on: 
Friday, February 9, 2024
Ethereum, OSL, Growth, Burn, Digital, Environment, UBS, Blockchain, UBS AG, Cryptocurrency

HONG KONG, Feb. 09, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (formerly BC Technology Group) (863.HK) - Hong Kong’s only publicly listed company fully dedicated to digital assets, proudly announces participation in UBS’s pilot investment-grade tokenised warrant and simulated product life cycle in Hong Kong - featuring an equity-linked call warrant token issued on the Ethereum-based public blockchain by UBS AG to OSL.

Key Points: 
  • HONG KONG, Feb. 09, 2024 (GLOBE NEWSWIRE) -- OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (formerly BC Technology Group) (863.HK) - Hong Kong’s only publicly listed company fully dedicated to digital assets, proudly announces participation in UBS’s pilot investment-grade tokenised warrant and simulated product life cycle in Hong Kong - featuring an equity-linked call warrant token issued on the Ethereum-based public blockchain by UBS AG to OSL.
  • This groundbreaking initiative can revolutionise the digital asset landscape in Hong Kong.
  • OSL, known for its dedication to setting global standards for innovation, performance, security, and compliance, is partnering with UBS to introduce the first investment-grade tokenised warrant and simulate the product life cycle in the region.
  • “OSL is proud to be working with the team of blockchain and product experts at UBS.

OSL's New Era: Visionary Global Expansion and Strategic Realignment for 2024

Retrieved on: 
Wednesday, January 17, 2024
Bitcoin, Policy, Service innovation, OSL, B2B, RWA, Security (finance), Cryptocurrency

OSL eagerly anticipates executing a fresh vision with a newly assembled team of experts, including a CEO appointment.

Key Points: 
  • OSL eagerly anticipates executing a fresh vision with a newly assembled team of experts, including a CEO appointment.
  • With the appointment of Patrick Pan as CEO, OSL looks to the future with renewed vision and determination.
  • The synergy between our revitalised team and global strategy places OSL at the vanguard of setting industry standards," Pan addressed.
  • OSL's blueprint for 2024 revolves around four strategic pillars: Geographic Expansion, Service Innovation, Digital Finance Synergy, and Unwavering Compliance.