According to The Block, the Hong Kong cryptocurrency exchange OSL Group released its first half of 2025 financial results. The data shows that the company's total revenue reached 195.40 million Hong Kong dollars (about 25.10 million US dollars), an increase of 58% year-on-year. Among them, OSL Pay, launched in April this year, contributed 55.90 million Hong Kong dollars, accounting for 29%.
However, due to the increase in personnel costs caused by global expansion, the company's operating loss widened to HK $20.30 million year-on-year. During the period, OSL completed the acquisition of Japan's CoinBest exchange and spent US $15 million to acquire a 90% stake in Indonesia's exchange. The number of employees increased from 167 in the same period last year to 568.
Hong Kong OSL Exchange's first half financial report: total revenue reached HK $195.40 million, an increase of 58% year-on-year
2025-08-29 06:08:19
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