BC Technology Group plans to sell the cryptocurrency exchange it operates, called OSL, for $128 million.
Hong Kong-based cryptocurrency exchange OSL offers trading and custody services to its customers. The exchange also provides infrastructure support to financial institutions for cryptocurrency trading.
According to information provided by Bloomberg, BC Technology may put only certain parts of the stock market up for sale rather than selling the entire stock market.
Although BC Technology has not yet made a statement on the subject, the process is actively progressing and an agreement is expected to be reached. is guaranteed is reported.
OSL became popular in the region along with HashKey after the regulations came into force in Hong Kong in June. From two exchanges that managed to obtain a cryptocurrency license in case of one.
According to the statements of people knowledgeable about the subject, companies need to obtain this license. It cost between 12-20 million dollars It is estimated.