Wall Street giant Citi (C) initiated coverage of crypto exchange OSL (0863) with a buy/high risk rating and a target price of 21.80 Hong Kong Dollars ($2.80), or 22 times projected 2025 price-to-sales. Citi said OSL is well positioned as a regulated digital-asset trading and payments platform, with strong growth prospects tied to institutional crypto adoption and stablecoin-related products. The bank projects revenue growth of 80%, 60% and 36% in 2025, 2026 and 2027, driven by payment finance (PayFi) exp ...

香港中环的空气里，弥漫着虚拟资产行业进入新阶段的躁动与谨慎。7月31日，在距离香港《稳定币发 行与管理条例》正式生效仅剩最后一天的关键时点，本地持牌虚拟资产交易平台OSL集团举办了发布会 —— 一次性发布了三大核心产品：稳定币发行平台StableX、资产代币化服务Tokenworks以及企业级加 密支付方案OSL Biz Pay。与其说这是一场产品秀，不如看作OSL，甚至香港试图以"合规基建"塑造未 来加密金融格局的"战略宣言"。 发布会现场：合规成高频主题词 与过往充斥"颠覆"、"革命"口号的Web3发布会截然不同，"合规"成为贯穿全场演讲PPT和嘉宾发言的唯 一高频词。OSL首席商务官Eugene Cheung在演讲中，将即将生效的稳定币监管条例称为"全球数字资产 监管史上的重要里程碑"，并反复强调"以合规为基石"、"持牌平台优势"、"全链路透明高效"。这种氛 围清晰地传达着一个信号：在香港，野蛮生长的时代已经落幕，持牌合规的"正规军"开始扛起大旗。 "三驾马车"齐发：瞄准机构"刚需"，意在构建生态闭环 从发布内容看，OSL的野心远不止于交易本身，而是试图打造覆盖从资产"诞生"（稳定币发行、资产代 币化） ...

Group 1 - The Federal Reserve is reviewing its monetary policy framework and plans to adjust its average inflation target strategy due to significant changes in inflation and interest rates since 2020, with results expected in August or September [1] - The Trump family project WLFI has invested a total of $347 million in various cryptocurrencies, currently valued at $291 million, resulting in a loss of $53.07 million, representing a 15% decline [1] - The Wisconsin pension fund has completely liquidated its holdings in IBIT, previously holding 6,060,351 shares valued at approximately $321.5 million, while Mubadala has increased its holdings by 491,439 shares to a total of 8,726,972 shares valued at about $408.5 million [1] Group 2 - Cryptocurrency has become deeply intertwined with political operations in the U.S., diverging from its original decentralized intent, and is now referred to as the "ultimate swamp asset," raising concerns about long-term regulation and systemic risks [2] - MetaComp has launched the StableX platform, which utilizes stablecoin technology to reshape cross-border foreign exchange payments, currently supporting USDT and USDC for multi-currency settlement services [2]