[Taiwan Stablecoin Infrastructure Company OwlTing to List on Nasdaq] According to Decrypt, Taiwan stablecoin infrastructure company OwlTing will begin trading on the Nasdaq Global Market this Thursday. The company's Class A common stock is expected to start trading on October 16 under the ticker symbol OWLS. In 2024, OwlTing achieved $7.6 million in revenue, an 18% year-over-year increase, with total payment volume growing 62% to $218 million. According to the company, its hotel business division OwlNest serves over 2,500 clients, with a net dollar retention rate of 108%. Despite one-time listing costs impacting net profit, OwlTing stated that as the scale of its stablecoin infrastructure expands and profit margins improve, the company's profitability is expected to strengthen.