OSL Brings Regulated Retail XRP Trading to Hong Kong
OSL Digital Securities has launched retail XRP trading on its platform in Hong Kong, providing direct spot access to the asset for retail investors. This move makes OSL the first licensed platform by the Hong Kong's Securities and Futures Commission (SFC) to offer such access.
The rollout includes an XRP/USD pair through Flash Trade service, as well as over-the-counter support for XRP/USD and XRP/HKD transactions settled through the XRP Ledger. This gives local investors a direct fiat route into XRP through a regulated venue, expanding options beyond offshore exchanges that do not operate under Hong Kong's licensing framework.
XRP joins Bitcoin, Ethereum, and Solana as the four digital assets available to retail clients on OSL. The platform holds Type 1 and Type 7 licenses from the SFC and is registered under Hong Kong's Anti-Money Laundering and Counter-Terrorist Financing Ordinance. Its custody setup also carries $1 billion in insurance coverage for client assets.