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Fidelity Investments Spin-Off Invests $14M In Hong Kong Cryptocurrency Exchange Operator

Roland James

Summary: The Fidelity Investments spin-off, Fidelity International, invested $14 million in the Hong Kong-based operator of crypto exchange OSL. According to public disclosures on Feb. 21, Fidelity International acquired 17 million shares of OSL owner BC Group at a price of HK$6.50 (US$0.83) per share, which gives it a 5.6 percent stake in the firm. By Roland James

The Fidelity Investments spin-off, Fidelity International, invested $14 million in the Hong Kong-based operator of crypto exchange OSL.

According to public disclosures on Feb. 21, Fidelity International acquired 17 million shares of OSL owner BC Group at a price of HK$6.50 (US$0.83) per share, which gives it a 5.6 percent stake in the firm.

By Roland James

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