OSL Group (HK Stock Code: 863) announced its 2025 annual results, recording total revenue of HK$489 million, a 30.4% year-over-year increase and a record high; core operating income reached HK$534 million, up 150.1% year-over-year. Total platform trading volume amounted to HK$201.22 billion, a 200.7% year-over-year increase, with stablecoin trading accounting for 60% of total volume. In terms of revenue composition, the Hong Kong market contributed 33%, while overseas markets accounted for 67%. Strategically, OSL Group has successfully transitioned from a digital asset exchange to a global stablecoin payments and trading platform, holding over 50 licenses and registrations across more than 11 jurisdictions globally. In 2025, the group launched OSL BizPay, an enterprise-grade, all-in-one stablecoin payment solution, and completed the acquisition of Web3 payment provider Banxa (closing in January 2026). Additionally, in February 2026, the group officially launched USDGO, a compliant, USD-backed enterprise stablecoin, and OSL StableHub, a global compliant stablecoin trading hub. Due to continued investments during this phase of business expansion, the group recorded a net loss in 2025.
OSL Group reports 2025 revenue of HKD 489 million, a 30.4% year-over-year growth.
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OSL Group (HKEX: 863) reported 2025 revenue of HKD 489 million, a 30.4% increase in the digital asset market. Core operating revenue reached HKD 534 million, up 150.1% year-over-year. Trading volume surged to HKD 201.22 billion, a 200.7% increase, with stablecoins accounting for 60%. The group now generates 67% of its revenue from overseas markets. OSL BizPay and USDGO were launched in 2025 and 2026, respectively, as the company expands its global stablecoin platform.
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