October marked a milestone month for institutional digital asset development in Hong Kong. From pioneering tokenization initiatives to advancing regulated infrastructure for exchange-traded digital asset products, OSL continues to play a central role in building a trusted, compliant, and institutional-ready market.
We are proud to share that OSL serves as the exclusive virtual asset custodian and VATP partner for Asia’s first Solana ETF, issued by China Asset Management (Hong Kong).As the regulated infrastructure behind this landmark ETF launch, OSL ensures secure, compliant, and institutional-grade custody of underlying Solana holdings — further strengthening the gateway between traditional finance and digital assets.This achievement reinforces OSL's long-term commitment to:
Elevating transparency and trust in digital asset markets
Supporting regulated ETF-based access to emerging blockchain networks
Advancing institutional adoption across Hong Kong and the region
OSL, in collaboration with Taikang Asset Management (Hong Kong) and Finloop HK, successfully launched the Taikang Kaitai USD Money Market Fund (Class T) — Hong Kong's first tokenized fund structured as a unit trust, officially approved by the Securities and Futures Commission (SFC).
Key Highlights
SFC-approved tokenized fund under a unit trust structure
Issued through OSL Tokenworks — our end-to-end tokenization and compliant custody platform
Managed by Taikang AM (HK) with US$6B+ AUM and "mfAAAg" credit quality rating
Distributed via OSL's expanding Institutional Wealth Management channel
This collaboration is a significant step forward in making tokenized finance accessible, regulated, and institution-ready.
Following recent regulatory enhancements enabling licensed platforms to extend off-platform services, OSL's 24/7 RFQ trading venue FlashTrade has seen strong adoption from Omnibus brokers, professional investors, and HNWIs. In October, Bitcoin RFQ volumes increased by an exceptional 507%, reflecting growing confidence in OSL's regulated liquidity access and execution quality. Why FlashTrade (RFQ) is becoming the institutional standard:
24/7 Execution: Trade anytime via Web Portal or Mobile App
Deep Liquidity: Execute single trades up to USD 500,000, with flexible limit requests
5-Second Price Lock: Confirm pricing instantly — no order book queueing
Transparent Pricing: Zero trading fees, no hidden spreads
Token Access: 36+ major tokens, including BNB and PEPE, all within a licensed venue
FlashTrade enables institutions to capture opportunity, optimize capital deployment, and execute with confidence in a regulated framework.
Eugene Cheung, Chief Commercial Officer at OSL, joined private wealth and institutional leaders to discuss how regulated market structures are shaping the future of digital assets.Key discussion themes:
The shift toward licensed trading venues and insured custody
Strengthening governance standards for institutional participation
Why transparency and auditability are foundational to long-term market growth
OSL participated in Solana Accelerate, the new APAC-focused ecosystem initiative designed to connect Web3, fintech, and traditional finance stakeholders around Solana’s expanding role in next-generation financial infrastructure.Discussion themes included:
Solana's scaling advantage for DeFi, payments, DePIN, and consumer Web3
On-chain stablecoin settlement growth
Institutional adoption through regulated access channels
We explored the evolving landscape of programmable money, stablecoins, and tokenized assets, and how institutions can benefit through regulated infrastructure.
Key Takeaways:
Real-time value movement is becoming the global standard
Tokenized MMFs introduce 24/7 liquidity and programmable yield
Compliance frameworks like AML/KYC + chain monitoring are essential for institutional confidence
Hong Kong is well-positioned to lead as a regulated tokenization hub, with OSL as a core infrastructure partner
We continue to advance:
Tokenized fund distribution through our OSL Institutional Wealth Management
Interoperable custody paired with execution and yield frameworks
Partnerships bridging regulated finance with scalable digital asset networks
OSL remains committed to building a trusted market infrastructure that enables institutions to participate confidently in digital assets and the tokenized economy.If you'd like to explore institutional partnership opportunities, custody solutions, tokenization strategies, or wealth distribution channels, our team is here to support.