OSL Approved as Early Distributor for Regulated Hong Kong Dollar Stablecoin HKDAP

OSL Group joins Anchor Point Financial as an early approved distributor for HKDAP, enabling institutional subscriptions, redemptions, and cross-border payment services via OSL HK.

Woofun AI reports that OSL Group has been designated as one of the initial approved distributors for HKDAP, a regulated Hong Kong dollar stablecoin issued by Anchor Point Financial Technology Limited. The partnership enables OSL to provide compliant distribution services and liquidity support, with technical preparations completed for the first-phase institutional rollout. Eligible professional investors can now execute subscriptions, redemptions, exchanges, and settlements between fiat currencies and HKDAP through OSL HK, Hong Kong's first licensed digital asset exchange. The initial phase focuses on applications in tokenized funds, trade financing, and cross-border payments.