#OSLGroup Secures $15M Indonesian Exchange Deal


OSL Group has agreed to purchase a 90% stake in Evergreen Crest for $15 million cash.


The acquisition provides immediate strategic access to Indonesia's rapidly growing digital asset market.


OSL gains access to regulatory licenses for spot and derivatives trading through Indonesian subsidiaries.


The deal follows OSL's February acquisition of Japanese exchange #CoinBest, renamed as OSL Japan.


#OSL stock fell 3.4% in Hong Kong trading but gained 11.6% over the past month.


Global expansion remains a top strategic priority for the Hong Kong-based #crypto platform.


Indonesia offers substantial growth potential with youthful demographics and increasing #crypto adoption.

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June 03, 2025 at 1:59 PM
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