Odaily Planet Daily News OSL (863.HK), a Hong Kong-based listed company focusing on crypto assets, announced a strategic partnership with Fosun Wealth Holdings, a subsidiary of Fosun International. With the help of OSL's Omnibus service, it provides institutional-grade, secure and compliant virtual asset trading solutions for Fosun Wealth Holdings' customers.
As a licensed and insured crypto platform in Hong Kong, OSL will provide a complete KYC/AML process, risk control system and insurance-grade custody infrastructure to assist Fosun Wealth Holdings in expanding its virtual asset over-the-counter (OTC) services and quickly respond to changes in the market and compliance environment.
OSL Chief Business Officer Zhang Yinghua said that this cooperation marks the deep integration of traditional finance and Web3; Fosun Wealth Holdings CEO Cheng Kang said that digital assets will become an important direction for global asset allocation, and the cooperation will further accelerate Fosun's strategic implementation of Web3.
In the future, the two parties will continue to collaborate deeply at the technical and resource levels to jointly promote the compliance and institutionalization of the crypto asset market in Hong Kong and even Asia.