Tag Archives: bc technology

OSL exchange’s parent firm has denied reports that its on sale with an estimated valuation of 1 billion Hong Kong dollars ($128 million). BC Technology, the parent firm of Hong Kong-based licensed crypto platform OSL, denied reports that the exchange is up for sale. BC Technology, the parent company of OSL, has refuted Bloomberg’s report on the pending sale as “factually inaccurate and highly misleading” in a statement filed with the Hong Kong Stock Exchange. As per the Bloomberg report,...

Depending on current BC Technology discussions with potential buyers, the company might conclude a sale of all or parts of its OSL exchange. BC Technology Group, the parent company and owner of Hong Kong crypto exchange OSL is looking to sell the exchange. According to a Bloomberg article referencing people familiar with the matter, BC hopes to complete the OSL sale at a HK$1 billion ($128 million) price tag. Pleading anonymity, the people familiar with the matter said BC has started...