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Hong Kong OSL Group's 2025 H1 Financial Report: Total Revenue Reaches HK$195.4 Million, Up 58% YoY, OSL Pay Contributes 29% Revenue, Operating Loss Widens to HK$20.3 Million Due to Expansion

Summary: According to reports, Hong Kong-based cryptocurrency exchange OSL Group has released its financial report for the first half of 2025. The data shows that the company's total revenue reached HK$195.4 million (approximately US$25.1 million), a 58% year-on-year increase. OSL Pay, launched in April this year, contributed HK$55.9 million in revenue, accounting for 29%. However, due ...

According to reports, Hong Kong-based cryptocurrency exchange OSL Group has released its financial report for the first half of 2025. The data shows that the company's total revenue reached HK$195.4 million (approximately US$25.1 million), a 58% year-on-year increase. OSL Pay, launched in April this year, contributed HK$55.9 million in revenue, accounting for 29%.

However, due to increased personnel costs from global expansion, the company's operating loss widened to HK$20.3 million year-on-year. During the period, OSL completed the acquisition of Japan's CoinBest exchange and invested $15 million to acquire 90% stake in an Indonesian exchange, increasing its staff from 167 to 568 compared to the same period last year.

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