Asia's leading stablecoin trading and payment platform OSL Group (863.HK) announced that it has today completed the strategic acquisition of Banxa Holdings Inc., a global leader in Web3 payment services (hereinafter referred to as Banxa). This marks an important milestone for OSL Group in building a stablecoin trading and payment ecosystem and deepening its global compliant payment network.

OSL Group completed its strategic and brand upgrade in 2025, successfully evolving from Hong Kong's first compliant digital asset trading platform to an international mainstream stablecoin trading and payment hub, and has clarified its dual development strategy of "organic growth + strategic acquisitions." After fully integrating 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.

OSL Group's Executive Director and CEO, Cui Song, stated: "The completion of the acquisition of Banxa is crucial for OSL Group in constructing a global stablecoin trading and payment ecosystem. By quickly establishing a compliant trading and payment network that seamlessly connects fiat currencies and digital assets globally, we not only gain the advantage of being an industry pioneer but also lay a solid foundation for the future collaborative development of OSL Group's various payment businesses, thereby better serving the real economy and meeting the market's urgent demand for cross-border commercial payments."

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