Core Points - OBOOK Holdings Inc. successfully completed a direct listing of its Class A common shares on the Nasdaq Global Market under the ticker symbol "OWLS" [2][3] - The shares opened at $68.00, reflecting a 580% increase from the reference price of $10.00, and closed at $55.55, marking a 450% increase from the reference price, resulting in a market capitalization of approximately $4.9 billion [3][4] Company Overview - OBOOK is a blockchain technology company operating as the OwlTing Group, headquartered in Taiwan with subsidiaries in multiple countries including the United States, Japan, and Singapore [8] - The company aims to leverage blockchain technology to enhance data management and transform global payment systems through regulated stablecoin infrastructure [4][8] - OBOOK introduced OwlPay, a hybrid payment solution, to support businesses in the expanding stablecoin economy [8] Market Position - OBOOK is recognized as Asia's first fintech company to achieve a direct listing on Nasdaq with its Class A common shares, highlighting its role in the region's technology and financial innovation landscape [4] - According to CB Insights' Stablecoin Market Map, OwlTing was ranked among the top 2 global players in the "Enterprise & B2B" category in 2025 [8]
OBOOK Holdings Inc. Announces Successful Direct Listing on Nasdaq