Cryptocurrency lender platform OSL makes foray into Americas
20 July 2021 Mexico
Image: stock.adobe.com/eskystudio
Digital asset platform OSL has launched OSL Americas to address growing institutional and corporate demand for digital assets.
The platform, a member of investment holding company BC Technology Group whose primary business is in digital assets and blockchain platforms, launched its Americas unit last Thursday.
The new unit will be headed by Fernando Mart铆nez and will handle OSL鈥檚 prime brokerage offering, including electronic and OTC execution, coin borrowing and lending. OSL Americas will also constitute a regional hub for the firm鈥檚 Software-as-a-Service partners, with access to its institutional-grade digital asset exchange in the pipeline.
Mart铆nez says: 鈥淎s a key contributor to this growing digital asset ecosystem across the Americas, we鈥檙e extremely excited about the prospects for further development and business growth.
鈥淚n the near term, we鈥檙e pleased by the increasing appetite we鈥檙e seeing from clients who recognise the criticality of trading with a safe and reliable partner,鈥� Mart铆nez adds.
鈥淥SL prides itself on being fully compliant with stringent know-your-customer, anti-money laundering and market surveillance standards 鈥� all attributes that our institutional customer base expects when selecting a digital asset partner.鈥�
The firm says its OTC and electronic request for quote (RFQ) API offer access to unparalleled market liquidity with privacy, capital efficiency and guaranteed price quotes. Each trade is conducted and executed directly with the customer and with no on-exchange price slippage or order book discovery, OSL says.
OSL CEO Wayne Trench adds: 鈥淥SL's combination of experienced traders, deep global relationships and advanced technology allow its prime brokerage to match large institutional blocks across major digital assets.
鈥淭he appetite for digital assets across the Americas is rapidly growing and the timing of our launch coincides nicely to meet this demand.鈥�
The platform, a member of investment holding company BC Technology Group whose primary business is in digital assets and blockchain platforms, launched its Americas unit last Thursday.
The new unit will be headed by Fernando Mart铆nez and will handle OSL鈥檚 prime brokerage offering, including electronic and OTC execution, coin borrowing and lending. OSL Americas will also constitute a regional hub for the firm鈥檚 Software-as-a-Service partners, with access to its institutional-grade digital asset exchange in the pipeline.
Mart铆nez says: 鈥淎s a key contributor to this growing digital asset ecosystem across the Americas, we鈥檙e extremely excited about the prospects for further development and business growth.
鈥淚n the near term, we鈥檙e pleased by the increasing appetite we鈥檙e seeing from clients who recognise the criticality of trading with a safe and reliable partner,鈥� Mart铆nez adds.
鈥淥SL prides itself on being fully compliant with stringent know-your-customer, anti-money laundering and market surveillance standards 鈥� all attributes that our institutional customer base expects when selecting a digital asset partner.鈥�
The firm says its OTC and electronic request for quote (RFQ) API offer access to unparalleled market liquidity with privacy, capital efficiency and guaranteed price quotes. Each trade is conducted and executed directly with the customer and with no on-exchange price slippage or order book discovery, OSL says.
OSL CEO Wayne Trench adds: 鈥淥SL's combination of experienced traders, deep global relationships and advanced technology allow its prime brokerage to match large institutional blocks across major digital assets.
鈥淭he appetite for digital assets across the Americas is rapidly growing and the timing of our launch coincides nicely to meet this demand.鈥�
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Global PSSL issues securities finance value chain transparency recommendations
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