OSL Group has rolled out three core products—StableX, Tokenworks, and OSL BizPay, aimed at accelerating institutional adoption of stablecoins, tokenized assets, and digital payments.
The launch comes as Hong Kong’s Stablecoin Issuance and Management Ordinance takes effect on August 1, positioning the city as a hub for compliant digital finance.
From visionary opening remarks to the unveiling of StableX, Tokenworks, and OSL BizPay — here’s a quick look back at the energy, insights, and innovation that filled the room.
🎥 Watch the highlights now! pic.twitter.com/U51lpY5iUk
— OSL (@osldotcom) August 1, 2025
StableX is a comprehensive platform for stablecoin issuance and management, providing secure custody and audited reserves, along with integration with OSL’s licensed exchange and cross-border payment capabilities through OSL Pay. Tokenworks offers a tokenization platform for asset managers, connected to OSL’s SFC-licensed trading platform and global liquidity partners like Fireblocks. BizPay focuses on enterprise crypto payments, supporting major stablecoins for instant settlement and features like exchange rate locking and on-chain payment batching to enhance corporate payment efficiency and reduce volatility risks.
Eugene Cheung, Chief Commercial Officer of OSL, emphasized the significance of the launch, stating, “The introduction of Hong Kong’s stablecoin framework is a turning point for regulated digital assets. OSL is building the infrastructure to ensure compliance and trust for institutions worldwide.”
With these launches, OSL is reinforcing its role in developing institutional-grade infrastructure that merges compliance, custody, and liquidity, solidifying Hong Kong’s position as a leading centre for regulated stablecoin and tokenization markets.
Notably, this news triggered a sharp sell-off in OSL Group Ltd (HKG: 0863), which fell 10.65% to HKD $14.76, according to Google Finance. While OSL plunged, other Hong Kong tech stocks like Newborn Town (+8.19%) and Weimob (+7.31%) posted gains, highlighting a mixed market as investors reacted to sector-specific developments.
Meanwhile, OSL Pay, the company’s payments arm, is ramping up its global rollout. Its core mission is to provide secure, scalable, and compliant fiat-to-crypto infrastructure tailored for institutions. As regulatory scrutiny tightens worldwide, OSL Pay is emerging as a critical bridge between traditional finance and the decentralized Web3 ecosystem, reinforcing the Group’s broader strategy to lead in regulated crypto innovation.
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