OSL and Solomon Forge Strategic Partnership to Drive Development of Hong Kong's Digital Asset Ecosystem

(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

Backed by Asia’s leading public fintech and digital asset company, OSL Group (863.HK), formerly BC Technology Group, OSL is the world’s first SFC-licensed and insured digital asset platform. Founded in 2018, OSL has an established history in the sector and is recognised by many as the leader in providing comprehensive regulated and licensed digital asset solutions.

OSL offers Markets services (brokerage, exchange, and custody) and SaaS technology solutions, which deliver institutional clients in addition to professional and retail investors access to global liquidity through its best-in-class digital asset platform. OSL’s secured and insured hot and cold wallet infrastructure also ensures the safekeeping of digital assets with timely transaction settlements.

As the digital asset industry continues to evolve, so does OSL. OSL’s simple and tailored approach compliantly navigates international clients through the evolving digital assets environment.

For more information, visit: group.osl.com

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