OSL Group (863.HK), Asia's leading stablecoin trading and payment platform, announced today the completion of its strategic acquisition of Banxa Holdings Inc., a globally leading Web3 payment service provider. This marks a significant milestone in OSL Group's journey to build a stablecoin trading and payment ecosystem and deepen its global compliant payment network.
OSL Group completed its strategic and brand upgrade in 2025, evolving from Hong Kong's first compliant digital asset trading platform into an international mainstream stablecoin trading and payment hub, and has established a dual-track development strategy of "organic growth + strategic mergers and acquisitions." Following the full integration of Banxa's international payment network, OSL Group will obtain over 40 trading and payment licenses and registrations in regions including the United States, Canada, the European Union, the United Kingdom, and Australia.
Patrick Cui, Executive Director and CEO of OSL Group, stated: "The completion of the Banxa acquisition is crucial for OSL Group's construction of a global stablecoin trading and payment ecosystem. By rapidly establishing a compliant trading and payment network that seamlessly connects fiat and digital assets worldwide, we have not only gained a first-mover advantage in the industry but also laid a solid foundation for the synergistic development of OSL Group's various payment businesses. This will enable us to better serve the real economy and meet the urgent market demand for cross-border commercial payments."
