BC Technology Group released its interim results, boosting OSL Prime Brokerage's digital asset net income of HK$28.5 million

Odaily Planet Daily News BC Technology Group released its six-month results as of June 30, 2023. The revenue was 126 million Hong Kong dollars, a year-on-year increase of 346.6%; The basic loss of shares was HK$0.22. The increase in revenue during the period was mainly due to a net digital asset gain of HK$28.5 million (net loss of HK$92.2 million in the first half of 2022) and a net fair value gain of digital assets of HK$9.6 million (net loss of HK$92.2 million in 2022) to facilitate OSL prime brokerage business. The net fair value loss of HK$7.1 million in the first half of the year) is regarded as part of the trading gain/loss from the Group's main business. (Zhitong Finance) In previous news, BC Technology Group announced that its wholly-owned subsidiary OSL Digital Securities Limited was approved by the Hong Kong Securities Regulatory Commission to upgrade its existing license. The OSL Digital Securities platform officially provides digital asset trading services for mainstream currencies such as Bitcoin and Ethereum to retail investors.