OSL Group (863.HK), a leading stablecoin trading and payment platform in Asia, announced today that it has completed the strategic acquisition of Banxa Holdings Inc. (hereinafter referred to as Banxa), a leading global Web3 payment service provider. This is a significant milestone for OSL Group in building a stablecoin trading and payment ecosystem and deepening its global compliant payment network.
In 2025, OSL Group completed its strategic and brand upgrade, successfully evolving from Hong Kong's first compliant digital asset trading platform into a leading international stablecoin trading and payment hub, and clearly defining 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 the United States, Canada, the European Union, the United Kingdom, and Australia.
Cui Song, Executive Director and CEO of OSL Group, said, "The acquisition of Banxa is of great significance to OSL Group's construction of a global stablecoin trading and payment ecosystem. By building a compliant trading and payment network that covers the globe and seamlessly connects fiat currency and digital assets in a short period of time, we have not only gained the advantage of being an industry pioneer, but also laid a solid foundation for the future synergistic development of OSL Group's various payment businesses, so as to better serve the real economy and meet the market's strong demand for cross-border commercial payments."
