OSL and Victory Securities Elevate Retail Digital Assets Trading in Hong Kong

(Hong Kong, 30 November, 2023) – OSL Digital Securities, the digital asset division of BC Technology Group (863.HK), Hong Kong’s only publicly listed company fully dedicated to digital assets, and Victory Securities Company Limited, the first SFC-regulated broker in Hong Kong obtained consent from SFC for the provision of the full spectrum of virtual asset dealing and advisory activities, proudly announce the expansion of their services to retail investors. This development, following the success of professional investors and approved by the Securities and Futures Commission of Hong Kong (SFC), allows retail clients of Victory Securities to engage in digital assets trading, including Bitcoin (BTC) and Ethereum (ETH), through OSL’s secure and compliant platform.

"We are excited to extend our collaboration with Victory Securities to further empower retail participation in digital asset markets. We recognize the need for such collaboration across the ecosystem in order to drive mainstream adoption," Ryan Miller, Managing Director at OSL Digital Securities, commented. "Relationships like this represent the future of digital finance - collaboration rather than competition."

Kennix Chan, Executive Director of Victory Securities, stated, “We are excited to leverage our experience and know-how on virtual asset dealing services in the past months and expand the range of compliant virtual asset investment choices available to retail investors through OSL’s secure platform.”

The growing interest in digital assets among both retail and professional investors reflects a broader global trend towards digitalisation in finance. This evolving landscape presents unique opportunities and challenges, necessitating a secure and regulated environment for trading. The collaboration between OSL and Victory Securities is set against this backdrop, aiming to not only capitalise on this surge in interest but also to provide a stable, compliant gateway for investors venturing into the dynamic world of digital assets.

This latest initiative marks a significant step in both companies' ongoing efforts to integrate traditional financial services with the burgeoning digital asset market. The collaboration leverages OSL’s technological and regulatory expertise with Victory Securities’ extensive client network, further solidifying their positions as leaders in Hong Kong’s digital asset industry.

About Victory Securities

Victory Securities (stock code: 8540.HK), rooted in Hong Kong for over 50 years, offers comprehensive and fully-licensed financial services, with regulated activities under Type 1 (securities trading), Type 2 (dealing in futures contract trading), Type 4 (advising on securities), Type 6 (advising on corporate finance), and Type 9 (asset management). Over the past over 50 years, Victory Securities obtained multiple awards and essential business qualifications in the Asia-Pacific region, including the first batch of China Connect Exchange Participant and China Connect Clearing Participants, formally launched the "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect" services in 2014 and 2016, and was approved by Bond Connect as a qualified investor and approved by the China Securities Regulatory Commission as a Qualified Foreign Institutional Investor (QFII) in 2020. In 2023, Victory Securities became the first licensed entity in Hong Kong to hold virtual asset trading, advisory, and asset management service licences issued by the Securities and Futures Commission.

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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