OSL Group (863.HK), the only listed company in Hong Kong focusing on crypto assets, today announced the launch of a new business division, OSL Pay, dedicated to revolutionizing cross-border fiat and cryptocurrency payment infrastructure. This launch marks the first phase of OSL Pay's global business plan, with its initial focus leveraging the existing OAM registration in Italy (equivalent to VASP) to establish operational capabilities in Europe, expected to be officially launched in the second quarter.
Facilitating Seamless Conversion Between Fiat and Cryptocurrency Economies
OSL Pay provides secure and efficient payment infrastructure for institutional and retail customers:
Offering customized onboarding services with dedicated customer managers
Unified API/SDK to enable seamless connection of various payment methods
Leveraging mature institutional fiat infrastructure and excellent operational capabilities
OSL Pay provides an innovative solution for cross-border value transfer needs between traditional financial and digital asset markets. The platform uses a unified architecture, allowing financial institutions, exchanges, and enterprises to convert fiat and cryptocurrencies with unprecedented efficiency, while actively preparing to comply with the EU's Markets in Crypto-Assets Regulation (MiCA) and global anti-money laundering standards.
Eric Choi, Executive Director and CEO of OSL Group, stated: "The establishment of OSL Pay marks our strategic upgrade in the digital asset domain. The platform combines the efficiency of blockchain technology with the robustness of traditional finance, enabling cross-border fund flows to be as instant and reliable as internet data transmission, while meeting the strictest compliance requirements of financial institutions."
OSL Group is pleased to announce the appointment of Zhang Jingwei to lead OSL Pay. Mr. Zhang is an experienced fintech leader with over 20 years of experience and an exceptional background in digital transformation and advisory services for major banking institutions. He has held leadership positions at top cryptocurrency exchanges, responsible for driving global business development and regulatory strategies. Mr. Zhang's unique ability to bridge traditional banking and the cryptocurrency industry makes him well-suited to drive innovation at OSL Pay.
Zhang Jingwei, Head of OSL Pay, added: "We are committed to building a new generation of payment infrastructure. By integrating OSL Group's technological advantages in the digital asset domain and local market experience, OSL Pay will become a crucial bridge connecting traditional finance and the crypto economy."
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Linkedin: https://www.linkedin.com/company/oslpay
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About OSL Group
OSL Group (HKEX: 863.HK), as a leading compliant digital financial infrastructure platform in Asia, builds a bridge between traditional finance and digital assets through blockchain technology, providing efficient, secure, and compliant financial service solutions for global institutions and individual investors.
The group offers comprehensive services through its licensed platform, including 24-hour OTC brokerage services with deep liquidity fiat channels and institutional-grade pricing; comprehensive brokerage solutions to help traditional financial institutions align with digital assets; custody services certified by SOC 2 Type 2 and insured up to $1 billion; and fully compliant retail trading channels. The group is set to launch tokenized government bonds and real-world asset (RWA) solutions and is preparing to build the next-generation OSL Pay cross-border payment infrastructure.
Adhering to the principles of "open, secure, and licensed" and with an enterprise-level security architecture, OSL is actively expanding its compliant services to the Japanese, Australian, and European markets, and evaluating development opportunities in Southeast Asia, continuing to lead innovation in institutional-level digital asset applications.
For more information, please visit: group.osl.com.
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