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OSL and Interactive Brokers Partner for Crypto Services in Hong Kong
Interactive Brokers will offer crypto services to professional clients in Hong Kong.
Interactive Brokers (IBKR) has formed a partnership with cryptocurrency exchange OSL Digital Securities that will allow it to provide virtual asset services to its professional trading clients in Hong Kong, according to a press release.
- "Investors worldwide are rallying to digital asset markets, and the collaboration with OSL comes at a key moment in the development of the regulated digital asset ecosystem in Hong Kong," David Friedland, head of APAC (Asia-Pacific) at Interactive Brokers, said in the release.
- "Hong Kong is one of the world's highest concentrations of institutional and professional investors," OSL CEO Wayne Trench added.
- OSL is a subsidiary of BC Technology Group, shares of which are up by 4.39% over the past 24 hours to HK$4.04 on the Hong Kong stock market. Shares of Interactive Brokers were flat in premarket trading at $58.92.
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
