(Hong Kong, 15 November, 2023) – OSL, the digital asset division of BC Technology Group (863.HK), Hong Kong’s only publicly listed company fully dedicated to digital assets, and Solomon Securities, a wholly-owned subsidiary of Solowin Holdings (Nasdaq: SWIN), have signed a memorandum of understanding (MOU) to collaborate on expanding the digital asset ecosystem.
Solomon Securities contributes its high-quality, diverse customer base and professional team providing comprehensive financial services. OSL brings industry-leading compliance, security, and transparency standards to its offerings in exchanges, custody, and SaaS technology solutions, and therefore OSL will be the exclusive digital asset service provider to Solomon Securities.
Ryan Miller, Managing Director & Head of Sales of OSL Digital Securities, stated, "With thoughtful regulations from the SFC and HKMA providing greater clarity on digital assets, Hong Kong's market is becoming more receptive and conducive to digital asset trading. By joining forces, OSL and Solomon Securities will offer a robust, compliant springboard for the digital asset industry, fostering mainstream adoption.”
Thomas Tam, CEO of Solomon Securities added, "With OSL as the digital asset industry's guiding star in innovation, safety, and compliance, our alliance will enable us to offer customers sophisticated, reliable, and smooth digital asset trading services."
By jointly developing premium offerings, OSL and Solomon Securities are poised to have an outsized impact on the advancement of Hong Kong's digital asset marketplace. This timely partnership reflects both companies' commitment to leading Hong Kong's digital asset space into a new era of growth and maturity.
About Solowin Holdings
Solowin Holdings (“Solowin”) (Nasdaq: SWIN) is a Chinese investor-focused and versatile securities brokerage company based in Hong Kong. We offer a wide spectrum of products and services across traditional assets to virtual assets, through our advanced and secured one-stop electronic platform. Solowin was listed on Nasdaq on September 7, 2023.
Solowin has become a high growth business since 2021, with its subsidiary that is licensed with the Hong Kong Securities and Futures Commission, Solowin provide investors and corporate clients with the highest quality one stop financial solutions, including Securities Brokerage, Investment Banking, Asset Management, Virtual Assets, and FinTech services. Our Core Values are Investors Protection and Compliance. We also believe that our innovation on system architecture, bringing new products and services that will definitely meet the evolving needs of investors and corporate clients.
About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
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