OSL and Interactive Brokers Partner for Crypto Services 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.