Bitcoin

Ethereum

<p>In a groundbreaking move set to redefine Hong Kong’s financial landscape, <a href="https://osl.com/en/" rel="noopener noreferrer nofollow">OSL Digital Securities</a> has been appointed as the inaugural virtual asset trading and sub-custodian partner by China Asset Management (Hong Kong) (“ChinaAMC (HK)”).</p><p>This strategic collaboration paves the way for the approval and launch of ChinaAMC’s first-ever spot Bitcoin/Ethereum Exchange-Traded Funds (ETFs) in Hong Kong. Representing a significant milestone, this partnership signals a pivotal shift towards embracing digital asset investments in the region.</p><p>With the introduction of Spot <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">BTC</a>/<a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">ETH</a> ETFs, Hong Kong joins the ranks of leading financial hubs such as Canada, Germany, and Switzerland. The move mirrors the success witnessed in the U.S. market, where Spot Bitcoin ETFs amassed over $12.53 billion in assets.</p><p>Hong Kong’s foray into this sector not only underscores its commitment to innovation but also positions the region as a frontrunner in embracing digital asset investments on a global scale.</p><h2 id="header-0">A Strategic Alliance for Financial Advancement</h2><p>OSL’s appointment as the first virtual asset exchange and sub-custodian partner underscores its reputation for excellence and commitment to advancing digital asset investments in Hong Kong. Leveraging its robust infrastructure,</p><p>OSL ensures a secure trading environment critical for the ETF’s operations while meticulously managing the underlying assets. As the appointed sub-custodian, OSL upholds stringent security measures and regulatory standards, offering premier custody services that prioritize asset integrity and safety.</p><p>“We are honored to collaborate with China AMC on this significant milestone in the ETF landscape,” remarked Patrick Pan, Chairman of the Board &amp; CEO of OSL. “This partnership not only reflects the esteemed reputation of OSL but also highlights our dedication to driving digital asset investments in Hong Kong. With reputable partnerships like these, OSL is poised to lead the way in shaping the future of digital asset investments in the region.”</p><h2 id="header-1">OSL’s Leading Role in Hong Kong’s Digital Asset Market</h2><p>As Hong Kong’s only publicly listed company wholly dedicated to digital assets, OSL Group (863.HK) stands at the forefront of the market, bolstered by its comprehensive regulatory compliance, extensive operational experience, and robust market reputation.</p><p>Having successfully undergone a SOC 2 Type 2 audit, OSL’s innovative B2B2C model and institutional-grade services position it as a trailblazer in the digital asset landscape. With a steadfast commitment to excellence, OSL continues to spearhead advancements in digital asset investments, shaping the future of Hong Kong’s financial ecosystem.</p>

OSL Makes History: Selected as First Exchange for China AMC’s Bitcoin And Ethereum ETF Launch

Table of Contents

BlockchainReporter

Další články publikované 15. 4. 2024

Bitcoin Faces $110M Outflow from Crypto Funds as Investors Pull Back Amid Price Dip

Bitcoin Price: Calm After the Storm or More Choppy Waters?

Top 7 Altcoin Picks Amidst Crypto Market Turmoil

OKX lists Solana meme coins Dogwifhat, Cat in a Dogs World

As TRON stabilizes, Polygon and Koala Coin surge forward

Global Crypto Regulation Challenges and Developments

Join our free newsletter for daily crypto updates!