OSL Group Completes Acquisition of Koinsayang and Expands Operations in Indonesia

• OSL acquires Indonesia-licensed Koinsayang exchange
• Expansion focuses on RWAs and regulated crypto payments
• Group expands strategic presence in Southeast Asia

O OSL Group (863.HK) announced the completion of its acquisition of Koinsayang, a licensed digital asset broker in Indonesia, through the issuance of approximately 9,26 million consideration shares. The transaction grants the group access to cryptocurrency and derivatives trading licenses, strengthening its expansion strategy in Southeast Asia.

With the transaction, the company obtains full regulatory approval to operate in the country, paving the way for initiatives in areas such as real-world asset (RWA) tokenization and PayFi solutions. According to the Indonesian Blockchain Association, the country accounts for 10,1% of global interest in RWAs, ranking third in the world.

OSL aims to combine Koinsayang's brand recognition and local user base with expertise in technology and regulatory compliance. The goal is to accelerate the launch of innovative financial products, increase blockchain adoption, and enhance regional competitiveness, solidifying its position as a leading provider of digital asset infrastructure in Asia.

In addition to diversifying revenue and expanding customer reach, the acquisition helps strengthen the group's presence in strategic markets. Ivan Wong, CFO of OSL Group, highlighted the significance of the transaction:

“Indonesia offers scale and infrastructure, and has enormous potential to integrate TradFi and Web3 and access regulated crypto payments, which fits into the compliance-driven global expansion strategy that OSL Group is pursuing.”

Wong also highlighted that Indonesia's strong internet penetration, significant digital finance user base, and relatively clear regulatory framework make it one of the most promising markets in the region.

OSL Group already operates in countries such as Japan, Australia, and European markets, and now aims to expand its infrastructure in Southeast Asia. The company is recognized for offering 24/7 OTC brokerage, certified custody with insurance of up to US$1 billion, treasury bond tokenization solutions, and RWAs, in addition to preparing OSL Pay for integration with international payments.

With the motto "Open, Secure, and Licensed," the company reinforces its commitment to connecting traditional finance to the blockchain ecosystem, positioning itself as a global leader in digital asset infrastructure.