Crypto Exchange OSL to Establish 'Digital Asset Powerhouse' in Asia, US Regions

The partnership between OSL and Monsoon is seeking to cement a leadership position in the Asia and U.S. regions.

AccessTimeIconMay 7, 2020 at 4:00 a.m. UTC
Updated Sep 14, 2021 at 8:37 a.m. UTC

One of Asia's largest crypto exchanges by trade volume, OSL, has teamed with U.S. enterprise startup Monsoon Blockchain to further asset and money digitization.

OSL, which targets institutional and individual investors with trading, brokerage and custody services, is seeking to establish "a digital asset powerhouse" in the U.S. and Asia regions, Monsoon said in a press release Tuesday.

The deal aims to combine intellectual property, deal flow, large-scale investors and blockchain capabilities in an attempt to drive the digitization of assets and money within the regions.

Monsoon Blockchain is an Ethereum-based protocol that aims to use smart contracts to provide a more efficient marketplace for cloud service providers.

Monsoon has worked with a number of IT giants including IBM, Oracle and Alibaba as a data services distributor, who headed Fusion-io and Violin Memory, both of which are data processing software and hardware providers.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.