Zhitong
2024.04.15 09:49
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OSL Group's subsidiary becomes the first virtual asset trading and virtual asset custody partner of Huaxia Fund (Hong Kong)

A subsidiary of OSL Group has become the first virtual asset trading and custody partner of Huaxia Fund Hong Kong, providing support to it. This marks a breakthrough development in the digital asset field for the financial industry in Hong Kong, ushering in a new era for digital asset investment. Leveraging its robust infrastructure and high standards of security and regulatory requirements, OSL provides a secure trading environment and reliable asset management for ETF operations. As the only listed company in Hong Kong focusing on digital assets, OSL Group stands out in the industry with its compliant operating model, operational experience, and market reputation

According to the Zhitong Finance and Economics APP, OSL Group (00863) announced that its wholly-owned subsidiary, OSL Digital Securities Limited, holding a license from the Securities and Futures Commission (SFC) of Hong Kong, has become the first virtual asset trading and virtual asset custody partner of Huaxia Fund (Hong Kong) Limited, a leading asset management company in Hong Kong, to support its first spot Bitcoin and Ethereum Exchange Traded Fund (ETF) in Hong Kong. This cooperation marks a breakthrough development in the field of digital assets in the Hong Kong financial industry, ushering in a new era of digital asset investment.

In this partnership, OSL leverages its robust infrastructure to provide a secure trading environment for the operation of the ETF, accurately and reliably managing the underlying assets. As a custodian, OSL offers the highest standards of security and regulatory compliance, providing top-tier custody services to ensure the integrity and security of managed assets.

As the only listed company in Hong Kong focusing solely on digital assets, OSL Group stands out in the industry with its comprehensive compliance operating model, extensive operational experience, and good market reputation. The company has successfully passed the SOC 2 Type 2 audit certification, demonstrating its excellent security standards. Through innovative B2B2C models and institutional-level services, OSL plays a leading role in driving the future development of digital asset investment in Hong Kong