OSL Group will look for M&A opportunities in South Korea and Japan, and the official APP is still under testing

OSL Group, a licensed virtual asset trading platform in Hong Kong, Chairman Pan Zhiyong said that it will look for M&A opportunities in the Korean and Japanese markets that accommodate institutional investors, and seek partners in the East Asian and Southeast Asian markets to expand business development. With the launch of spot ETFs such as Bitcoin, even if there will be a halving, the market has entered a bull market. OSL Group Chief Financial Officer Hu Zhenbang added that since the third quarter of last year, virtual assets have seen a gradual increase in trading, and are currently testing the launch of the App. In the process, it has experienced changes in regulatory requirements and expects that the new version of the App will be ready at the end of April or early May. OSL will continue the original B2B2C (business to business to consumer) market, not limited to the development of SaaS (software as a service), and will expand the business model to serve more banks and financial institutions.