BC Technology denies selling its cryptocurrency trading platform OSL at a valuation of $128 million

2023-10-19 09:06:53

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ChainCatcher news, Hong Kong BC Technology recently announced that the report by Bloomberg on October 16 regarding BC Technology Group Ltd. considering the sale of its cryptocurrency trading platform OSL is inaccurate and "highly misleading."

Previous report, Bloomberg cited sources familiar with the matter stating that BC Technology Group Ltd. is considering selling its cryptocurrency trading platform OSL, which is one of only two licensed exchanges under the digital asset regulations launched in Hong Kong in June. Sources said that BC Technology has assessed the interest of potential buyers, including industry participants and funds, in OSL and has proposed a valuation of HKD 1 billion (USD 128 million). They requested anonymity due to the discussion of private information.

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