[DBS Bank Assigns Buy Rating to OSL Group, Global Expansion Strategy and Payment Business Development Recognized] September 25 news: Singapore's DBS Bank has released a research report, initiating stock coverage on OSL Group for the first time and assigning a 'Buy' rating with a target price of HK$20 per share, representing approximately 35% upside from the current price. DBS Bank highlighted in the report that OSL Group is extending its digital asset trading business into the payment sector while actively advancing a strategic layout from local to global, aiming to build a comprehensive digital asset ecosystem. The bank noted that OSL Group has two major competitive advantages: first, the company is one of only two licensed cryptocurrency trading platforms in Hong Kong; second, it has established market share and positioning through long-term adherence to high compliance standards and first-mover advantages. The positive trend in Bitcoin prices during the interest rate cut cycle, along with the development of stablecoin applications in trading and payment scenarios, will serve as key growth drivers for OSL Group's future. DBS Bank projects that OSL Group's revenue will achieve a compound annual growth rate of approximately 77% between fiscal years 2024 and 2026, primarily driven by the dual engines of trading and payment businesses.