Hong Kong OSL Exchange's first half financial report: Total revenue reached HK$195.4 million, a year-on-year increase of 58%
Source: Htx
Time: 2025-08-29 14:12:37
According to Huobi HTX, according to The Block, Hong Kong cryptocurrency exchange OSL Group released its first half of 2025 financial report. Data shows that the company's total revenue reached HK$195.4 million (about US$25.1 million), a year-on-year increase of 58%. Among them, OSL Pay launched in April this year contributed HK$55.9 million, accounting for 29%. However, due to the increase in staff costs caused by global expansion, the company's operating losses expanded to HK$20.3 million year-on-year. During the period, OSL completed the acquisition of Japan's CoinBest Exchange and spent US$15 million to acquire 90% of the equity of the Indonesian Exchange, with the increase in the size of employees from 167 in the same period last year to 568.