Understanding the Market | OSL Group rose more than 7% and was appointed as the virtual asset trading platform and custodian for Jia Shi International and Huaxia Fund

OSL Group rose more than 7%, as of the time of publication, it rose by 7.12% to HKD 9.48, with a turnover of HKD 7.3803 million. On the news front, OSL Digital Securities, a subsidiary of OSL Group, announced its partnership with Huaxia Fund (Hong Kong) as the first virtual asset trading and virtual asset custody partner, providing support for its first Bitcoin and Ethereum spot ETF in Hong Kong. At the same time, OSL was also appointed as the first virtual asset trading and custody partner of CSOP International. Previously, subsidiaries of Huaxia Fund (Hong Kong), Bosera International, and CSOP International announced plans to issue ETF products that can invest in spot Bitcoin and spot Ethereum