TechFlow News, March 31: OSL Group (HKEX: 863) announced its 2025 financial results, reporting total revenue of HK$489 million, a 30.4% year-on-year increase and a new record high; core operating income reached HK$534 million, up 150.1% year-on-year. Total platform trading volume amounted to HK$201.22 billion, an increase of 200.7% year-on-year, with stablecoin trading volume accounting for 60% of total trading volume. By revenue composition, the Hong Kong market accounted for 33%, while overseas markets accounted for 67%.
Strategically, OSL Group has completed its transformation from a digital asset exchange to a global stablecoin payment and trading platform and currently holds over 50 licenses and registrations across more than 11 jurisdictions worldwide. In 2025, the Group launched OSL BizPay, an enterprise-grade, all-in-one stablecoin payment solution, and acquired Web3 payment service provider Banxa (closing completed in January 2026). Additionally, in February 2026, the Group officially launched USDGO—a U.S. dollar-backed, compliant enterprise stablecoin—and OSL StableHub—a global, compliant stablecoin trading hub. Due to continued investments during its expansion phase, the Group recorded a net loss for 2025.
