TechFlow news, October 15 — According to Decrypt, Taiwan-based stablecoin infrastructure company OwlTing will begin trading on the Nasdaq Global Market on October 16 under the ticker symbol OWLS. OwlTing chose a direct listing to emphasize transparency and avoid shareholder dilution. The company stated that selecting the Nasdaq Global Market reflects its higher financial, governance, and market capitalization requirements, offering greater visibility and liquidity for global investors.
Founded in 2010 and headquartered in Taipei, OwlTing initially operated in e-commerce and hospitality before shifting to blockchain-based payments. In 2024, the company reported $7.6 million in revenue, an 18% year-on-year increase, with total payment volume growing 62% to $218 million.
