HK crypto trade OSL offers security tokens to institutional financial backers 2022

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Hong Kong-based computerized resource exchanging stage OSL has begun offering security tokens to institutional financial backers through a confidential situation, with the primary buyers including blockchain game organization Animoca Brands, as per an official statement on Tuesday.



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Quick realities
Every security token addresses a US$10,000 security with a fixed-rate coupon and a reward coupon connected to Bitcoin cost developments, substantial for quite some time; the tokens depend on Ethereum.

Institutional purchasers additionally incorporate Head and Shoulders Monetary Gathering, China Fortune Monetary Gathering Ltd., Volmart, and Monmonkey Gathering Resource The board.

OSL got licenses for working a virtual resource trade from the Hong Kong Protections and Prospects Commission (SFC) in December 2020.

In Spring, the Hong Kong Trade said it will steer its advanced resource exchanging stage "Jewel" in 2022.

Another Hong Kong-based computerized resource specialist co-op, Hash Key Gathering, got endorsement for virtual resource exchanging stage licenses from SFC in April this year.

See related article: Huobi applies for exchanging permit with Hong Kong SFC