The post OSL Group Expands com. OSL Group acquires Indonesias Koinsayang exchange, gaining licenses to expand tokenization, PayFi, and crypto trading across Southeast Asia markets. OSL Group has announced the completion of its acquisition of Koinsayang, a licensed digital asset exchange in Indonesia. The deal consisted of the issue of some 9. 266 million consideration shares. With this move, OSL Group gets licenses for cryptocurrency and derivatives trading. The acquisition is a major move for the companys growth strategy throughout Southeast Asia. OSL Enters Indonesian Market to Launch Tokenization and PayFi Platform Through this transaction, OSL Group receives complete regulatory approval to operate in Indonesia. The country is one of the most active markets for digital assets in the region. The new platform will be a foundation for developing real-world applications of asset tokenization and PayFi solutions. These kinds of innovations are currently attracting the attention of investors all over the world. The Indonesian Blockchain Association recently released a report on the outlook of the sector. According to the study, 10. 1 percent of interest in real-world asset tokenization is from Indonesia. This places the country in third position globally, highlighting its status as a leader in blockchain adoption. Such figures show how important it is to enter this market strategically. Indonesia has also witnessed the increasing demand for payment innovations. PayFi, which combines payment systems and decentralized finance, is catching on. By combining its international knowledge and expertise with the local regulatory approval, OSL Group is in a position to capture this trend. The acquisition makes it better positioned to provide digital assets solutions for retail and institutional users. Related Reading: OSL Group Reports 58% Revenue Growth Despite Doubling Losses Amid Expansion | Live Bitcoin News This expansion follows previous expansion moves by OSL Group in Asia. In 2024, the company acquired an 81. 38 percent stake in.
