OSL Announces Plans to Launch Pledged and Tokenized Funds
2024-07-06 13:16:04
According to Hong Kong Media Ming Pao Disclosure OSL Group Chairperson Concurrent Bank Chief Executive Officerdesk3cryptocurrencydesktopCrypto News
According to Hong Kong media Ming Pao, Pan Zhiyong, chairperson and CEO of OSL Group, said that OSL is continuing to promote regulated digital asset innovation to the next stage, including pledge services and tokenized fund products. The group's OSL digital securities were appointed as the virtual asset trading platform and custodian of China Asset Management and Harvest International's first spot bitcoin and ether ETFs. The first batch of spot bitcoin and ether ETFs launched by its issuer partners Huaxia Capital (Hong Kong) and Cannen International together accounted for more than 88% of the total trading volume in the Hong Kong ETF market. OSL announced that the spot virtual asset exchange traded fund (ETF) market has witnessed significant growth since its launch in April this year, and the volume and asset management scale (AUM) have been expanding. As of yesterday, the volume of Bitcoin (BTC) spot ETF reached 114 million yuan, and the Ethereum (ETH) spot ETF reached 33.76 million yuan.
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