Understanding the Market | OSL GROUP rises over 3% plans to acquire all shares of cryptocurrency infrastructure provider Banxa
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OSL GROUP's stock price rose by 3.28%, closing at HKD 14.48, with a trading volume of HKD 16.4277 million. The company plans to acquire all shares of cryptocurrency infrastructure provider Banxa, with a maximum transaction cost expected to be CAD 85.2 million. Banxa is registered in Canada and primarily engages in seamless integration of cryptocurrencies, aiming to facilitate the buying and selling of digital assets, aligning with OSL GROUP's global expansion strategy
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