OSL and Interactive Brokers Partner for Crypto Services in Hong Kong
Interactive Brokers will offer crypto services to professional clients in Hong Kong.
Jun 9, 2022 at 10:04 a.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DK7OTGJGZJFLVNDUF6ZUE7LNMM.jpg)
Hong Kong skyline (Ruslan Bardash/Unsplash)
Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Interactive Brokers (IBKR) has formed a partnership with cryptocurrency exchange OSL Digital Securities that will allow it to provide virtual asset services to its professional trading clients in Hong Kong, according to a press release.
- "Investors worldwide are rallying to digital asset markets, and the collaboration with OSL comes at a key moment in the development of the regulated digital asset ecosystem in Hong Kong," David Friedland, head of APAC (Asia-Pacific) at Interactive Brokers, said in the release.
- "Hong Kong is one of the world's highest concentrations of institutional and professional investors," OSL CEO Wayne Trench added.
- OSL is a subsidiary of BC Technology Group, shares of which are up by 4.39% over the past 24 hours to HK$4.04 on the Hong Kong stock market. Shares of Interactive Brokers were flat in premarket trading at $58.92.
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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
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