OSL launches Americas unit to address the growing appetite for digital assets
By Pavithra R
OSL, Asia’s leading digital asset platform and member of BC Technology Group, has announced its official launch in the Americas as part of its latest expansion initiative to address the growing institutional and corporate demand for digital assets globally.
The Americas unit, led by Head of Americas Fernando Martinez, facilitates OSL’s prime brokerage offering, including electronic and OTC execution and coin borrowing and lending, into OSL’s pools of digital asset liquidity. OSL Americas will also act as the regional hub for engagement with the firm’s growing list of SaaS partners. Access to the OSL platform’s institutional-grade digital asset exchange will follow in due course.
“OSL’s combination of experienced traders, deep global relationships and advanced technology allow its prime brokerage to match large institutional blocks across major digital assets. The appetite for digital assets across the Americas is rapidly growing and the timing of our launch coincides nicely to meet this demand,” said OSL CEO Wayne Trench.
OSL’s over-the-counter (OTC) and electronic RFQ/API offer access to market liquidity with complete capital efficiency, privacy and guaranteed price quotes. Each trade is conducted and executed directly with the customer and with no on-exchange price slippage or order book discovery. This ensures seamless, instant, secure transactions with near-instant settlement.
“As a key contributor to this growing digital asset ecosystem across the Americas, we’re extremely excited about the prospects for further development and business growth. In the near term, we’re pleased by the increasing appetite we’re seeing from clients who recognise the criticality of trading with a safe and reliable partner. OSL prides itself on being fully compliant with stringent know-your-customer, anti-money laundering and market surveillance standards – all attributes that our institutional customer base expects when selecting a digital asset partner,” said OSL Head of Americas Fernando Martinez.
The launch in the Americas follows OSL and Standard Chartered’s partnership to launch a digital asset brokerage and exchange joint-venture with an initial focus on the European and UK markets.
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January 16, 2024
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