OSL

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: 
Lunedì, Aprile 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: 
Lunedì, Aprile 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: 
Giovedì, Aprile 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: 
Venerdì, Febbraio 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: 
Mercoledì, Gennaio 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.

Institutional Crypto Brokerage Nonco Secures $10m of aggregate new capital in Seed Round, Led by Valor Capital Group and Hack VC

Retrieved on: 
Lunedì, Dicembre 11, 2023
Professional Services, Blockchain, Technology, Cryptocurrency, Finance, Asset Management, Digital Cash Management, Digital Assets, Theta, RBS, Comptroller, Entrepreneurship, Bastion, Partner, O'Melveny & Myers, BTG, OSL, CMCC, Prime brokerage, Currency, Growth, Knowledge, Merrill (company), Bain Capital Ventures

Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.

Key Points: 
  • Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.
  • The seed round was a combination of equity and convertible notes, the round was led by Valor Capital Group and Hack VC.
  • The capital will be used by Nonco to continue its growth and serve the Americas growing institutional demand.
  • Fernando Martinez, CEO of Nonco, said: “We want to make a statement, and it begins with our name, Nonco, derived from 'nonconformist.'

Interactive Brokers Expands Cryptocurrency Trading to Retail Investors in Hong Kong

Retrieved on: 
Martedì, Novembre 28, 2023
Professional Services, Cryptocurrency, Finance, Fintech, Asset Management, Banking, Bitcoin, Ethereum, Interactive Brokers, ETH, IBKR, ETF, Digital security, OSL, Digital, BTC, SFC, Hong Kong

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong.
  • Cryptocurrency trading for eligible clients of Interactive Brokers Hong Kong allows investors to transact and manage their portfolio through a single platform that provides a unified view.
  • Interactive Brokers launched cryptocurrency trading in Hong Kong in collaboration with OSL Digital Securities, Hong Kong's first SFC-licensed digital asset trading platform.
  • Interactive Brokers previously introduced cryptocurrency trading for eligible Professional Investor clients of Interactive Brokers Hong Kong on February 14, 2023.

StateHouse Issues Consideration for Increased Interest In Haight-Ashbury Dispensary

Retrieved on: 
Mercoledì, Novembre 1, 2023
Holiday, Grassland, Statehouse, OSL, Cross, Acquisition, CSE, FGW, Organic, Good, Agreement, Patient, Golden Gate Park, SAN, Drug

The FGW Acquisition has increased the Company's interest in Harborside San Francisco to 80%.

Key Points: 
  • The FGW Acquisition has increased the Company's interest in Harborside San Francisco to 80%.
  • “We are thrilled to consolidate our ownership in Harborside San Francisco and cement our position as the leading operator in Northern California,” said Ed Schmults, Chief Executive Officer of StateHouse.
  • “The Haight-Ashbury district is an iconic area and an integral piece of San Francisco’s culture that is frequented by tourists and locals alike.
  • Pursuant to the Agreement, StateHouse has issued 1,170,584 common shares in the Company at a price of US $1.50 per share in consideration for the remaining ownership interest.

AM Best Revises Outlooks to Negative for Everen Specialty Ltd. and Affiliate

Retrieved on: 
Venerdì, Ottobre 20, 2023
Insurance, Professional Services, AM Best, Good, Credit, OSL, News, AM, Growth, Risk management, ALL

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Everen Specialty Ltd. (Everen Specialty) and its affiliate, OCIL Specialty Ltd (OSL).

Key Points: 
  • AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Everen Specialty Ltd. (Everen Specialty) and its affiliate, OCIL Specialty Ltd (OSL).
  • Concurrently, AM Best has revised the outlook to negative from stable and affirmed the Long-Term Issue Credit Rating of “bbb” (Good) on the $200 million, 8.00% deferrable subordinated debentures, due 2034 of Everen Specialty.
  • These Credit Ratings (ratings) reflect Everen Specialty’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.
  • Negative rating actions could result from a continued reduction in Everen Specialty’s risk-adjusted capitalization.