OSL Licenses Retail XRP Trading on Hong Kong Platform

OSL Digital Securities has made it possible for Hong Kong retail investors to buy XRP on a licensed local platform, marking an expansion of regulated fiat on-ramps for the token as global markets watch regulatory developments.

On July 29, OSL began offering retail XRP trading, becoming the first exchange licensed by Hong Kong's Securities and Futures Commission (SFC) to provide direct spot access to XRP for everyday investors. The platform rolled out an XRP/USD pair via its Flash Trade service. Its OTC desk also supports XRP/USD and XRP/HKD, with trades settled on the XRP Ledger.

The move adds another regulated XRP entry point in Asia as institutions build out blockchain-based finance in the region. For example, on July 28 Japan's SBI Holdings reorganized a subsidiary into SBI Digital Practice to focus on the Canton Network, expanding its institutional on-chain finance work alongside existing projects with Ripple and the XRP Ledger.

Investment flows into XRP products also remain strong: XRP spot ETFs have recorded eight consecutive weeks of inflows, lifting cumulative flows to roughly $1.49 billion.