TechFlow news, August 29 — According to The Block, Hong Kong-based cryptocurrency exchange OSL Group released its financial report for the first half of 2025. The data showed that the company's total revenue reached HK$195.4 million (approximately $25.1 million), an increase of 58% year-on-year. Of this, OSL Pay, launched in April this year, contributed HK$55.9 million in revenue, accounting for 29%.
However, due to increased staffing costs from global expansion, the company's operating loss widened year-on-year to HK$20.3 million. During the reporting period, OSL completed the acquisition of Japan's CoinBest exchange and invested $15 million to acquire a 90% stake in an Indonesian exchange. The number of employees grew from 167 in the same period last year to 568.
