Hong Kong, July 18, 2025 — Pando Asset Management Limited's newly launched Bitcoin Spot ETF officially commenced trading today on the Hong Kong Stock Exchange. As a key infrastructure partner for this product, OSL Digital Securities Limited (“OSL”), through its affiliate OSL Custody Services Limited, serves as the sub-custodian for the ETF and provides execution support through the OSL Exchange.
Leveraging its proven virtual asset trading and custody infrastructure, OSL ensures a compliant, secure, and efficient operational environment for the ETF. On the custody side, OSL Custody adheres to the industry's highest security standards and stringent regulatory compliance mechanisms to safeguard the integrity and security of the underlying assets. On the trading side, OSL Exchange offers an institutional-grade trading platform to ensure stability and transparency during asset transactions.
Since the launch of Hong Kong’s first batch of spot virtual asset ETFs, OSL has supported three out of the four listed ETFs in the region, either through custody or trading platform services, solidifying its position as a core service provider in Hong Kong's virtual asset ETF infrastructure.
Kevin Cui, CEO of OSL Group, stated: “We are delighted to collaborate with Pando’s outstanding team as the digital asset custodian and trading partner for the Pando Bitcoin ETF. This partnership further strengthens OSL’s market-leading position, with over 75% market share in Hong Kong’s spot cryptocurrency ETF sector, demonstrating confidence in OSL’s superior market depth and liquidity compared to local competitors. Under the ‘Policy Statement 2.0’ framework, OSL looks forward to expanding strategic cooperation with Pando, providing institutional and retail investors with more trading tools and services to meet diverse digital asset allocation demands.” About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
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