OSL Group, Hong Kong-listed, announced the acquisition of Banxa Holdings for C$85.2 million through its subsidiary, targeting global expansion in digital assets. The deal emphasizes Banxa’s crypto infrastructure and enterprise-level payment services.
Zafer Qureshi, Banxa’s Executive Director, expressed excitement about the merger, highlighting the potential for enhanced global crypto services. By joining forces with OSL, Banxa aims to accelerate its growth on a worldwide scale.
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