OSL Institutional Monthly Recap | April 2026

April marked another strong month for OSL, as we continued to scale institutional infrastructure, deepen strategic partnerships, and accelerate adoption across stablecoins and real-world assets (RWA). Across product innovation, regulatory milestones, and ecosystem engagement, our focus remains clear: building trusted, institution-ready foundations for the next phase of digital finance.

Strengthening Stablecoin Infrastructure

OSL Group is proud to partner with Circle to expand access to USDC across our global trading and payments ecosystem. This collaboration reinforces our commitment to delivering next-generation financial infrastructure, enhancing capital efficiency, enabling seamless settlement, and supporting scalable digital dollar adoption.

Through OSL Global, clients can access 1:1 USD–USDC conversions, trade within a dedicated USDC liquidity environment, and utilize USDC as a unified margin asset. Integration into our payments infrastructure further enables compliant, real-time settlement across global markets. In parallel, we continue to bridge traditional finance and on-chain assets by supporting access to tokenized money market funds such as USYC.

Momentum around USDGO, our enterprise-grade stablecoin, continues to accelerate. Circulating supply surpassed USD 300 million shortly after crossing the USD 200 million milestone, underscoring growing institutional demand for efficient, compliant settlement solutions across cross-border payments, FX optimization, and treasury management.

Advancing Market Infrastructure and Compliance

OSL achieved a key regulatory milestone with the implementation of Travel Rule connectivity with PantherTrade, a subsidiary of Futu Holdings. This marks the first Travel Rule integration between two SFC-licensed platforms in Hong Kong, enhancing transparency, security, and trust in digital asset transfers.

Alongside this, we continue to strengthen our product ecosystem. The rollout of multi-chain support for single assets enhances operational flexibility, while upcoming wallet management capabilities will further streamline broker workflows. Across trading, RFQ, and omnibus solutions, we remain focused on improving pricing, liquidity depth, and execution quality to meet evolving institutional demands.

Expanding Real-World Asset (RWA) Ecosystem

OSL continues to lead in compliant RWA innovation. This month, we listed Matrixdock Gold (XAUm) and Matrixdock Silver (XAGm), becoming the first compliant platform in Hong Kong to offer tokenized silver and simultaneous access to both tokenized gold and silver.

At the same time, we are advancing a broader pipeline of RWA initiatives. Integration with custodians such as HSBC is underway to support tokenized fund infrastructure, while collaborations with leading asset managers are progressing across tokenized ETFs and structured products. Upcoming launches, including tokenized gold ETFs, will further expand access for institutional and eligible investors.

Industry Events

OSL maintained an active presence across key industry platforms, reinforcing its role in shaping institutional digital asset infrastructure.

During Hong Kong's Web3 Festival, Kevin Law joined Fosun Wealth’s Cypher Asia Crypto Forum to outline OSL's strategic direction. Key highlights included the expansion of regulated banking rails with 24/7 multi-currency settlement, global growth initiatives such as the BANXA acquisition, and strengthened stablecoin infrastructure alongside partners including Circle, Anchorage Digital, and Tether. RFQ Flash Trading volumes also more than doubled quarter-on-quarter (QoQ), reflecting growing institutional demand for automated execution.

OSL also co-hosted a panel on the evolving digital finance stack, where Brian Chen, Head of Wealth Management of OSL Group, joined industry leaders to discuss the role of institutional custody.

A key takeaway was that custody is no longer defined solely by security, but increasingly by governance, compliance, and interoperability. As digital assets mature, licensed custody is emerging as a critical bridge between traditional finance and Web3, supporting demand for yield generation, capital efficiency, and cross-border deployment.

At Money20/20 Asia, Eugene Cheung, Chief Commercial Officer of OSL Group, emphasized that scaling stablecoin payments requires more than blockchain infrastructure. Institutional adoption depends on robust control layers capable of supporting compliance, risk management, and operational complexity at scale. OSL continues to explore the integration of AI to enhance these capabilities, improving automation while strengthening compliance oversight and risk visibility.

In parallel, OSL participated in the Web3 x Fintech Global Digital Finance Program hosted by Cheung Kong Graduate School of Business, sharing insights on the evolution of stablecoin infrastructure and the growing role of regulated platforms in enabling global capital movement.

Looking Ahead

As digital asset markets continue to mature, the defining differentiator is no longer access, but infrastructure. Institutions are increasingly prioritizing platforms that can deliver regulatory clarity, operational resilience, and seamless integration across trading, custody, and payments.

OSL's progress in April reflects this shift. From advancing stablecoin adoption and RWA innovation to strengthening compliance frameworks and global partnerships, we are focused on building the underlying rails that enable capital to move efficiently and securely at scale.

Looking ahead, our priority remains clear: to deepen liquidity, expand institutional use cases, and continue delivering a fully integrated, compliant digital asset ecosystem. As adoption accelerates, OSL is well-positioned to support institutions in navigating and leading the next phase of global digital finance.