OSL GROUP (00863) surged over 14% in afternoon trading. As of press time, the stock was up 12.91% to HK$17.32 with a turnover of HK$101 million.
On the news front, OSL GROUP recently announced a partnership with the Solana Foundation to promote the global compliant development of Real World Assets (RWA) tokenization, addressing the growing market demand from institutional investors. The OSL Tokenworks platform will provide secure and compliant tokenization issuance channels for traditional assets such as funds and bonds, expected to leverage Solana's high-performance network.
The group revealed that multiple financial institutions have already expressed interest in deploying tokenized financial products on the Solana network through OSL.