OwlTing Shares To Trade on #Nasdaq Thursday
Taiwanese blockchain payment infrastructure firm OwlTing has secured approval for its Nasdaq listing. #Trading begins Oct. 16 under ticker OWLS.
Obook Holdings, the parent company operating OwlTing, confirmed the direct listing approach on Tuesday. This method prevents dilution of existing shareholders' stakes while providing market access.
The company's business spans multiple sectors, including hospitality and e-commerce. Recent years saw OwlTing pivot toward #stablecoin payment infrastructure and related services.
OwlPay launched in 2023 to enable businesses to process payments in stablecoins like
$USDC or traditional fiat. The platform targets enterprise-grade cross-border supplier payments.
"Our journey has always been defined by meeting real-world needs with a compliance-first mindset," said Darren Wang, OwlTing's founder and CEO. The executive emphasized the firm's progression from blockchain applications in food traceability to scaling payment solutions.
