CoinWorld reports:
(Hong Kong, August 5, 2024) – OSL Group (863.HK), the only publicly listed company in Hong Kong focused on digital assets, announced today the expansion of its management team to accelerate the company’s entry into its next growth phase. This move will support the company’s latest global expansion plan to meet the rising market demand.
Effective immediately, Mr. Cui Song will assume the role of CEO of OSL Digital Assets Limited. Mr. Cui has over twenty years of extensive experience in the technology sector. He has held senior leadership positions at companies such as Bybit, Fangdd (Nasdaq: DUO), and Google, managing and leading various engineering, product management, and operational initiatives and innovations. Throughout his career, Mr. Cui has helped companies achieve initial public offerings (IPOs). He possesses exceptional foresight in the digital asset field and will balance regulatory compliance with cutting-edge innovation to steer OSL’s future development.
Mr. Cui stated, “OSL occupies a unique position in this industry, and I am excited to lead our professional team into a new phase. I will prioritize accelerating business development, enhancing operational efficiency, and providing value to our clients. I look forward to guiding OSL towards our ambitious goals.”
Strengthening Leadership Team
Mr. Pan Zhiyong will focus on his role as Chairman of the Board, leading the company’s strategy, board governance, overseas mergers and acquisitions, and government collaborations. This will further optimize OSL’s strategic direction and governance structure, ensuring robust oversight and deepening stakeholder engagement.
Mr. Pan remarked, “I am very proud of the achievements OSL has made. The team’s spirit of dedication and innovation has positioned us as a leader in the licensed digital asset space. This expansion strategy, built on our solid foundation, will further develop our business. With our excellent leadership combined with Mr. Cui’s expertise, we are ready to showcase explosive growth and set new industry records.”
According to Appendix 14 of the Hong Kong Stock Exchange’s Listing Rules, as a best practice, the roles of Chairman and CEO should be distinct.
About OSL
OSL Group (863.HK, formerly BC Technology Group) is a leading financial technology and digital asset publicly listed company in Asia, with its platform being the first licensed and insured digital asset platform in Hong Kong by the Securities and Futures Commission. Established in 2018, the company has a long-standing history in the relevant field, and its comprehensive and regulated digital asset solutions are highly regarded in the industry.
OSL provides market services (brokerage, exchange, and custody) and Software as a Service (SaaS) technology solutions to offer global liquidity for institutional, professional, and retail investors through its top-tier digital asset trading platform. OSL’s secure and insured wallets ensure the safe storage of digital assets and efficient transaction settlement.
As the digital asset industry continues to evolve, the company is also advancing. OSL’s simple and tailored services ensure that global clients receive compliant services in the ever-evolving digital asset environment.
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