BC Technology Group Will Rebrand Company to ‘OSL Group Limited’
In Brief
BC Technology Group will change the company’s name in a rebranding move, from BC Technology Group Limited to OSL Group Limited.
Investment holding company BC Technology Group, specializing in digital assets and blockchain platforms, announced it will change the company’s English name BC Technology Group Limited to OSL Group Limited.
The company will hold a general meeting of shareholders at 10:00 on January 4, 2024, during which it’ll issue new shares under special authorization and officially change the name.
The BC Technology Group is a parent company of OSL, Hong Kong’s first licensed cryptocurrency exchange. OSL offers prime brokerage, exchange and custody of crypto assets, as well as infrastructure for financial institutions to offer digital asset trading.
BC Technology Group and BGX Group’s Strategic Collaboration
BC Technology Group company previously signed a subscription agreement with Hong Kong based cryptocurrency service BGX Group Holding Limited on November 13, 2023 — according to which it has conditionally agreed to allot an issue, and the subscribers have conditionally agreed to subscribe.
A total of 187,600,000 subscription shares were issued at a subscription price of $4.87 per subscription share.
The company also received a $90 million investment from BGX Group. The strategic alignment is set to create synergies benefiting the digital asset industry.
BC Technology Group positions itself for enhanced growth and influence in the cryptocurrency landscape by solidifying its evolution through investments and strategic enhancements.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
