OSL Launches Wealth Management Platform for Crypto in Hong Kong

OSL Group (863.HK), a publicly listed company dedicated to crypto assets, has announced the launch of "OSL Wealth," a new platform designed to cater to traditional investors seeking to manage their digital asset portfolios.

OSL Wealth represents a significant expansion of OSL's offerings in Hong Kong, a key division of the group. It aims to provide professional investors with the tools to explore diverse investment strategies within the burgeoning digital asset market, OSL said in an announcement on Thursday.

By integrating OSL's existing prime brokerage, OTC trading, crypto exchange platform, and custody services, OSL Wealth aims to deliver a comprehensive suite of wealth management solutions for clients. This includes access to a range of investment products such as tokenized treasury assets, Real-World Asset (RWA) solutions, crypto-structured products, and quantitative crypto investment funds.

OSL, the first insured and Securities and Futures Commission (SFC)-licensed digital asset platform in Hong Kong, emphasized its commitment to upholding the highest standards of security and regulatory compliance. OSL Wealth is designed to offer expert-driven, secure, and compliant wealth management solutions specifically tailored to meet the sophisticated needs of VIP and institutional investors looking to tap into the opportunities presented by the rapidly growing digital assets market.

"The launch of OSL Wealth marks a significant milestone in our commitment to empowering professional investors with a robust gateway to the crypto assets market. Drawing upon our expertise in crypto asset management, advanced tools and professional services, professional investors can effectively manage their financial needs in this evolving space," Eugene Cheung, chief commercial officer of OSL Hong Kong, said.

The launch of OSL Wealth comes at a time of projected significant growth in the global cryptocurrency market. According to a recent report cited by OSL, the market is expected to reach $5 trillion by 2030, with a robust compound annual growth rate (CAGR) of 15.4% from 2024 to 2030. This growth is largely attributed to increasing institutional adoption as traditional financial players become more attracted to digital assets.