OSL Group announced that it will acquire an 81.38% stake in the Japanese compliant cryptocurrency exchange CoinBest.

OSL Group announced the acquisition of CoinBest, a Japanese compliant cryptocurrency exchange. The share purchase agreement will allow OSL to acquire an 81.38% stake in CoinBest K.K., which is licensed by the Japanese Financial Services Agency. OSL is the first licensed cryptocurrency exchange in Hong Kong. 

OSL Group, a Hong Kong-listed company, has announced the acquisition of the compliant Japanese cryptocurrency exchange CoinBest. The share purchase agreement will allow OSL to acquire an 81.38% stake in CoinBest K.K., which is licensed by the Financial Services Agency (FSA) of Japan. The acquisition is expected to be completed by the end of next year, subject to the fulfillment (or waiver) of the conditions precedent outlined in the share purchase agreement.

According to reports, Hong Kong-listed company OSL Group has announced the acquisition of the Japanese compliant cryptocurrency exchange CoinBest. The share purchase agreement will enable OSL to acquire an 81.38% stake in CoinBest K.K., which is licensed by the Financial Services Agency (FSA) of Japan. The acquisition is expected to be completed by the end of next year, subject to the fulfillment (or waiver) of the conditions precedent in the share purchase agreement.

OSL Group announces the acquisition of the Japanese compliant cryptocurrency exchange CoinBest.

Hong Kong-listed OSL Group will acquire an 81.38% stake in the compliant Japanese cryptocurrency exchange CoinBest to promote product and service innovation between its trading platforms and enhance global trading volume.

Odaily Planet Daily reported that Hong Kong-listed company OSL Group Limited (863.HK) (together with its subsidiaries referred to as "OSL Group") announced that its wholly-owned subsidiary has signed a share purchase agreement to acquire an 81.38% stake in CoinBest K.K. (hereinafter referred to as "CoinBest"), a crypto asset trading service provider licensed by the Financial Services Agency (FSA) of Japan.

Japan has become one of the more mature and rapidly developing markets in the Asia-Pacific region, with a rapidly growing prevalence and investment volume in the digital asset market. By acquiring CoinBest, OSL Group aims to foster product and service innovation among its trading platforms (including the Hong Kong licensed digital asset trading platform OSL Digital Securities), increase global trading liquidity, achieve resource sharing and best business practices, thereby creating business synergies.

OSL Group Acquires Japanese Compliant Cryptocurrency Exchange CoinBest

OSL Group plans to acquire an 81.38% stake in a licensed cryptocurrency trading platform in Japan.

PANews, November 4 - According to Zhitong Finance, Hong Kong-listed company OSL Group (00863) announced that on November 4, 2024, its wholly-owned subsidiary OSL Investment (Japan) Limited (“OSL Japan”) signed a share purchase agreement (“Share Purchase Agreement”) with four independent third parties to acquire a controlling stake in Coin Best Co., Ltd. (“Target Company”), which is a cryptocurrency trading platform licensed by the Japanese Financial Services Agency. According to the agreement, OSL Japan agrees to acquire 81.38% of the shares of the Target Company from the four independent third parties (“Acquisition”). The completion of the acquisition is contingent upon the fulfillment of the conditions precedent in the Share Purchase Agreement, with December 31, 2025, set as the final deadline for the delivery.

According to a message from TechFlow on November 4th, the Hong Kong listed company OSL Group (863.HK), which focuses on digital assets, announced today that its wholly-owned subsidiary has signed a share purchase agreement to acquire an 81.38% stake in the crypto asset trading service provider CoinBest K.K., which is licensed by the Financial Services Agency (FSA) of Japan. This move is an important strategy for OSL Group's entry into the Japanese market.

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According to Deep Tide TechFlow news, on November 4th, OSL Group (863.HK), a Hong Kong-listed company focused on digital assets, announced today that its wholly-owned subsidiary has signed a share purchase agreement to acquire an 81.38% stake in the cryptocurrency trading service provider CoinBest K.K. (hereinafter referred to as CoinBest), which is licensed by the Financial Services Agency of Japan (FSA). This move is a significant strategy for OSL Group to enter the Japanese market.
The Japanese market had over 5.16 million active digital asset users in 2023, tripling since 2018. Japan has become one of the more mature and rapidly developing markets in the Asia-Pacific region, with a rapidly growing adoption rate and investment volume in digital assets. By acquiring CoinBest, OSL Group aims to promote product and service innovation between its trading platforms (including the Hong Kong-licensed digital asset trading platform OSL Digital Securities), enhance global trading volume, achieve resource sharing and best business practices, thereby creating business synergies.
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OSL Group Acquires CoinBest, a Compliant Cryptocurrency Exchange in Japan

OSL Group, a Hong Kong-listed company focused on digital assets, has acquired an 81.38% stake in CoinBest K.K., a regulated cryptocurrency exchange in Japan. The acquisition is part of OSL Group's strategy to enter the Japanese market and promote innovation and growth in its trading platforms. Japan's digital asset market has seen significant growth in recent years, making it an attractive market for OSL Group.

BlockBeats News, November 4th, Hong Kong-listed company OSL Group, focused on digital assets, announced today that its wholly-owned subsidiary has signed a Share Purchase Agreement to acquire an 81.38% stake in CoinBest K.K., a cryptocurrency exchange service provider licensed by the Japan Financial Services Agency (FSA). This move is a key strategy for OSL Group to enter the Japanese market. By 2023, the Japanese market already has over 5.16 million active digital asset users, tripled since 2018. Japan has become one of the maturely regulated and thriving markets in the Asia-Pacific region, with a rapidly growing digital asset market penetration rate and investment volume. Through the acquisition of CoinBest, OSL Group aims to promote product and service innovation among its trading platforms (including the Hong Kong-licensed digital asset exchange OSL Digital Securities), increase global trading volumes, achieve resource sharing and best practices, thus creating business synergy.

OSL Group Acquires Japanese Regulated Cryptocurrency Exchange CoinBest

BlockBeats news, on November 4, Hong Kong-listed company OSL Group, focused on digital assets, announced today that its wholly-owned subsidiary has signed a share purchase agreement to acquire 81.38% of the shares in CoinBest K.K., a cryptocurrency trading service provider licensed by the Financial Services Agency (FSA) of Japan (hereinafter referred to as "CoinBest"). This move is a significant strategy for OSL Group to enter the Japanese market. The Japanese market already had over 5.16 million active digital asset users in 2023, tripling since 2018. Japan has become one of the more mature and rapidly developing markets in the Asia-Pacific region, with a swiftly growing penetration rate and investment volume in the digital asset market. Through the acquisition of CoinBest, OSL Group aims to promote product and service innovation between its trading platforms (including the Hong Kong licensed digital asset trading platform OSL Digital Securities), enhance global trading liquidity, achieve resource sharing and best business practices, thereby creating business synergies.

BlockBeats news, on November 4th, Hong Kong-listed company OSL Group, focused on digital assets, announced today that its wholly-owned subsidiary has signed a share purchase agreement to acquire an 81.38% stake in CoinBest K.K., a cryptocurrency trading service provider licensed by the Financial Services Agency (FSA) of Japan (hereinafter referred to as "CoinBest"). This move is an important strategy for OSL Group's entry into the Japanese market. The Japanese market has over 5.16 million active digital asset users in 2023, tripling since 2018. Japan has become one of the more mature and rapidly developing markets in the Asia-Pacific region, with a quickly growing digital asset market penetration and investment volume. By acquiring CoinBest, OSL Group aims to promote product and service innovation among its trading platforms, including the licensed digital asset trading platform OSL Digital Securities in Hong Kong, enhance global trading liquidity, achieve resource sharing and best business practices, thereby creating business synergies.

OSL Group Acquires Japan's Compliant Cryptocurrency Exchange CoinBest

According to Foresight News, Hong Kong listed company OSL Group Limited (863.HK) (collectively referred to as "OSL Group" along with its subsidiaries) announced that its wholly-owned subsidiary has signed a share purchase agreement to acquire 81.38% equity in CoinBest K.K. (hereinafter referred to as "CoinBest"), a cryptocurrency trading service provider licensed by the Financial Services Agency of Japan (FSA). The acquisition will be conducted through OSL Group Limited's wholly-owned subsidiary OSL Investment (Japan) Limited, and is expected to be completed by the end of next year, subject to the satisfaction (or waiver) of the conditions precedent outlined in the share purchase agreement.

OSL Group宣布将收购日本合规加密货币交易所CoinBest的81.38%股权。

OSL集团收购了日本合规的加密货币交易所CoinBest

OSL Group宣佈將收購日本合規加密貨幣交易所CoinBest的81.38%股權。