OSL announces plans to launch a staking and tokenization fund
ChainCatcher news, according to Hong Kong media Ming Pao, OSL Group Chairman and CEO Pan Zhiyong stated that OSL is continuously promoting regulated digital asset innovation into the next phase, including staking services and tokenized fund products. The group's OSL Digital Securities has been appointed as the virtual asset trading platform and custodian for the first spot Bitcoin and Ethereum ETFs of Huaxia Fund and Harvest Global Investments. The first batch of spot Bitcoin and Ethereum ETFs launched by their issuer partners Huaxia Fund (Hong Kong) and Harvest Global Investments accounted for over 88% of the total trading volume in the Hong Kong ETF market. OSL announced that since the launch of the spot virtual asset exchange-traded fund (ETF) in April this year, the market has witnessed significant growth, with both trading volume and assets under management (AUM) continuously expanding. As of yesterday, the trading volume of the Bitcoin (BTC) spot ETF reached 114 million yuan, while the Ethereum (ETH) spot ETF reached 33.76 million yuan.