OSL Launches Hong Kong Crypto Wealth Management Platform

Last updated on April 30th, 2025 at 06:43 am

OSL Group has launched OSL Wealth, a new crypto-focused wealth management platform in Hong Kong, announced yesterday.

This service, now operational, targets professional investors by offering secure access to tokenised treasury assets, real-world asset (RWA) solutions, and quantitative funds. As the first platform of its kind in the city, it blends OSL’s regulated infrastructure with tools traditionally reserved for conventional finance, spotlighting Hong Kong’s push to lead the global crypto race. This launch builds on OSL’s established track record.

Kevin Cui, CEO of OSL, spoke about this innovation

“The OSL brand has been around since 2018. Rebranding OSL is about staying true to our core: Simply Crypto. By 2025, we’ll expand into markets with clear regulations, focusing on what we do best—harnessing crypto adoption into the financial system to benefit every individual and business. This is how we bring our vision to life – Open, Secure, Licensed.”

In December 2024, Hong Kong’s regulator approved four additional crypto exchanges bringing the total to seven, including OSL, HashKey, and HKVAX. Meanwhile, the city’s acceptance of Bitcoin and Ethereum as proof of wealth for investment visas in February 2025 highlights its crypto-friendly stance.

Notably, Hong Kong and Singapore are competing to become Asia’s leading cryptocurrency hubs amidst a global surge in the crypto market. Hong Kong is prioritizing market liquidity by introducing riskier crypto products and has seen significant trading volume increases despite regulatory hurdles. Singapore, recognized for its fintech innovation, is focusing on long-term regulatory clarity and exploring asset tokenization. This push in Asia is occurring as other nations consider policy changes influenced by a shifting global regulatory landscape, including potential pro-crypto policies in the U.S.

OSL Wealth launch mirrors this, leveraging the city’s regulatory clarity—nine SFC-licensed platforms operate here, with eight more pending, as stated by Financial Secretary Paul Chan in February 2025. As OSL integrates crypto into mainstream finance, it marks a pivotal step in Hong Kong’s bid to rival hubs like Singapore and Dubai.

Since 2018, the company, listed as 863.HK has operated as Hong Kong’s first Securities and Futures Commission (SFC)-licensed digital asset platform, a milestone cemented in December 2020 with insured custody services. The move follows a string of strategic expansions, including acquiring an 81.38% stake in Japan’s CoinBest exchange in November 2024, reflecting OSL’s aim to deepen its Asia-Pacific footprint. Earlier, in December 2024, OSL added Toncoin (TON) to its over-the-counter (OTC) trading services, responding to rising institutional demand.

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