Hong Kong-based crypto exchange OSL Digital Securities (OSL) has announced the addition of Toncoin (TON), the native token of The Open Network, to its over-the-counter (OTC) trading services.
Professional investors can now trade TON against USD, USDT, and HKD through the newly introduced trading pairs: TON/USD, TON/USDT, and TON/HKD. In addition to trading, OSL offers secure custody services and fiat on/off-ramp solutions to support its clients.
The exchange claimed that the move aligns with its strategy to broaden its offerings and cater to the rising demand for innovative digital assets.
OSL’s Chief Business Officer, Guoliang Hao, emphasized the company’s rigorous token listing standards. “As a regulated digital asset platform with the largest OTC trading desk in Hong Kong, OSL employs a rigorous listing policy and selection process to ensure that only quality tokens are available on our platform,” Hao stated.
He added that OSL is dedicated to providing secure and seamless access to premium digital assets in response to market demand.
The Open Network, a decentralized blockchain integrated with the Telegram messaging platform, has garnered global attention for its focus on scalability, security, and cross-chain interoperability. TON’s rapid adoption by Web3 communities and investors highlights its growing ecosystem and potential.
Adding Toncoin reinforced OSL’s commitment to innovation and highlighted a growing trend among platforms like KuCoin to diversify offerings with unique tokens. Recently, KuCoin listed GOATS, a meme gaming token in the TON ecosystem. The memecoin reportedly has over 20 million users and 11 million monthly active participants and is one of the top five trending projects in the blockchain’s ecosystem.
Meanwhile, OSL, the exchange’s parent company, recently finalized its acquisition of an 81.38% stake in CoinBest K.K., a licensed crypto asset exchange in Japan. The acquisition is expected to strengthen the company’s product innovation, enhance trading liquidity, and foster collaboration across its platforms, including the Hong Kong-based exchange.
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