OSL-sponsored Major Web3 Summit "Foresight2024" Successfully Concludes
(Hong Kong, 13 August 2024) - The premier Web3 industry summit "Foresight2024", headlined by Foresight News, Foresight Venture and The Block, concluded successfully on 12 August after two days of events at the Hong Kong Ocean Park Marriott Hotel. As the title sponsor, OSL Group (863.HK), Hong Kong's only publicly listed company fully dedicated to digital assets, championed this event to foster innovation and collaboration in Hong Kong's burgeoning digital asset market.
The summit featured a high-profile panel discussion - "The Ripple Effect: How ETFs are Reshaping the Cryptocurrency Landscape", and an exclusive fireside chat with The Block. Gary Tiu, OSL's Executive Director and Head of Regulatory Affairs, alongside industry leaders, provided insights into the regulatory landscapes of Hong Kong and the US. Notably, panellists highlighted Hong Kong's streamlined four-month approval process for spot ETF products, compared to the US's typical eight-month timeline.
Tiu emphasised, "Hong Kong's spot digital asset ETFs not only offer investors a secure entry but a crucial groundwork for future market expansion. As it evolves, we're seeing increased opportunities for more market players. Our goal is to foster robust partnerships across the banking sector, integrating diverse expertise into this dynamic ecosystem."
"This is from pre-web to web3." – Gary Tiu
Tiu underscored Hong Kong's competitive edge in regulatory efficiency and flexibility for new digital asset products. He believes these factors create an optimal environment for market participants, spurring innovation and vitality in Hong Kong's digital asset landscape.
"Foresight2024" also featured an exclusive VIP dinner and networking event. The intimate setting provided opportunities for nuanced discussions on market trends in a more relaxed atmosphere.
For high-res photos, please visit: https://bit.ly/3SNlr8V
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, combining regulatory compliance with cutting-edge blockchain technology.
OSL Hong Kong delivers services across five core domains: brokerage, omnibus solutions, custody, wealth management, and exchange. The 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 includes innovative products such as tokenised money market fund, with parallel exchange services ensuring compliant market access for professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Hong Kong adheres to the “Open, Secure, Licensed” principles, serving as a cornerstone of Asia’s regulated digital asset ecosystem. In addition, OSL leads with compliance-first expansion—now in Japan, Australia, and beyond—delivering secure, tailored solutions worldwide.
For more information, visit osl.com.
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