Hong Kong crypto exchange OSL posts 58% YoY revenue increase in first half of 2025
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最新报道：OSL Group reported H1 revenue of HK$195.4 million ($25.1 million), up 58% year-on-year, while operating losses widened to HK$20.3 million ($2.6 million) due to global expansion costs. The growth was driven by organic expansion and acquisitions, including Japanese exchange CoinBest and a majority stake in Indonesia's Evergreen Crest. OSL Pay, launched in April 2025, contributed 29% of total revenue. CEO Kevin Cui highlighted gains in core business revenue and platform transactions, with OSL maintaining the largest ETF custodial market share in Hong Kong. The stock rose 6.6% by midday Friday.
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