Last August, crypto exchanges HashKey and OSL became the first firms to receive regulatory approval to offer crypto trading to retail investors in Hong Kong.

Notably, the publicly listed OSL exchange (previously BC Technology Group) secured a $90 million investment soon after its licensing.

The company's most recent financial report reveals a revenue figure from digital assets and blockchain platforms of 105 million Hong Kong dollars ($13.4 million), marking an increase of 1767% from the same period in 1H2022.

He mentioned the intention to list altcoins as soon as they receive approval from the region's Securities & Futures Commission (SFC).