OSL Eyes Japan’s Crypto Market With CoinBest Acquisition
Hong Kong’s OSL Group, a publicly listed company focused on digital assets, has announced a strategic acquisition of CoinBest K.K., a licensed crypto exchange operating in Japan.
The company signed a share purchase agreement to acquire an 81.38% stake in the licensed crypto exchange operating in Japan, OSL said in an announcement on Monday.
Through this acquisition, OSL aims to achieve significant business synergies.
“Leveraging the robust foundation we’ve built in Hong Kong, we aim to bring our expertise in OTC, custody and trading services to new markets. Additionally, we look forward to gaining valuable insights and cutting-edge technologies from those markets to enhance our offerings and strengthen our competitive edge across…