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OSL Group completes acquisition of Banxa to accelerate building a global compliant payment network
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Asia’s leading stablecoin trading and payments platform OSL Group (863.HK) announced that the company has completed a strategic acquisition of global Web3 payment service provider Banxa Holdings Inc. (hereinafter referred to as Banxa) today. This marks an important milestone in OSL Group’s journey to build a stablecoin trading and payment ecosystem and deepen its global compliant payment network.
OSL Group has completed a strategic and brand upgrade in 2025, evolving from Hong Kong’s first compliant digital asset trading platform into an international mainstream stablecoin trading and payment hub, and clarifying its dual development strategy of “organic growth + strategic acquisitions.” After fully integrating Banxa’s international payment network, OSL Group will hold more than 40 trading and payment licenses and registrations in regions including the United States, Canada, the European Union, the United Kingdom, and Australia.
Cui Song, Executive Director and CEO of OSL Group, stated: “Completing the acquisition of Banxa is crucial for OSL Group to build a global stablecoin trading and payment ecosystem. By establishing a compliant trading and payment network that seamlessly connects fiat and digital assets worldwide in a short period, we have not only gained an industry-leading advantage but also laid a solid foundation for future collaborative development of OSL Group’s various payment businesses, enabling us to better serve the real economy and meet the market’s urgent cross-border commercial payment needs.”