OSL Group announces mid-term results for 2026, with total revenue increasing by 65.8% year-on-year

The Hong Kong-listed company OSL Group (HKEX:863) announced its interim results for the six months ending June 30, 2026. Total revenue was HKD 55.813 billion, an increase of 65.8% year-on-year; payment business revenue was HKD 49.083 billion, an increase of 69.3%, accounting for 88% of total revenue; total trading volume was HKD 172 billion, an increase of 241.3%; revenue outside of the Asia-Pacific region was HKD 7.8 billion, a tenfold increase year-on-year; adjusted non-IFRS earnings were HKD 331 million, an increase of 75.5% year-on-year.

OSL Group's Executive Director and CEO, Kevin Choi, stated that despite a significant market correction in the first half of the year, the company's trading volume and revenue both reached new highs, and noted that it has become the world's largest stablecoin payment infrastructure company by B2B stablecoin payment transaction volume. In 2025, the company completed a strategic upgrade, achieving an annual B2B stablecoin payment volume of USD 12.3 billion. In February 2026, it launched the corporate dollar stablecoin USDGO issued by Anchorage Digital Bank, N.A., with a circulation exceeding USD 800 million in four months, and surpassing USD 1.2 billion by August.

During the reporting period, OSL completed the acquisition of Banxa Holdings Inc. in January 2026 and obtained the EU MiCAR license granted by the Austrian Financial Market Authority and the AFSL issued by the Australian Securities and Investments Commission, while also launching the stablecoin payment infrastructure OSL AgentPay aimed at AI agents.