Core Insights - OSL Group has completed the strategic acquisition of Banxa Holdings Inc., enhancing its position in the stablecoin trading and payment platform sector, with a focus on compliance and global expansion [1] Group 1: Company Overview - Banxa is an Australian-based payment service provider and regulatory technology company, focusing on bridging traditional financial institutions with the digital asset space since its inception in March 2014 [2] - The company has established a strong presence in the Australian market and has shifted its strategic focus towards international expansion since acquiring EU Internet Ventures B.V. in June 2020 [2] Group 2: Strategic Benefits of Acquisition - The acquisition will provide OSL Group with over 40 trading and payment licenses across the US, Canada, EU, UK, and Australia, enhancing its global payment capabilities and supporting customer needs for fiat and cryptocurrency exchanges [3] - Banxa's B2B payment solutions will complement OSL's digital asset trading and stablecoin business, creating a one-stop service for trading, payment, and fund transfers, thereby increasing customer retention [4] Group 3: Financial Impact - Banxa's revenue for the first half of 2025 was HKD 53.93 million, which is expected to significantly boost OSL's payment business revenue, which was HKD 195 million in the same period [5] - Revenue projections for OSL Group post-acquisition are estimated at HKD 514 million, HKD 873 million, and HKD 1.172 billion for 2025-2027, with year-on-year growth rates of 37.12%, 69.91%, and 34.29% respectively [5]
国海证券:维持OSL集团“增持”评级 扩展支付产品线及全球扩张