OSL Digital Securities has increased investor access to the native cryptocurrency of The Open Network by adding Toncoin to its OTC offerings.
Professional investors can now trade Toncoin thanks to its addition to OSL Digital Securities’ over-the-counter trading facilities. OSL Digital Securities is a registered cryptocurrency broker in Hong Kong.
According to a press statement issued by the company on December 13, the new product is a component of OSL’s plan to broaden its offerings and satisfy the region’s increasing demand for cryptocurrency.
Eligible users can now trade TON against USD, USDT, and HKD on OSL’s platform immediately. According to the press announcement, the business also offers fiat on/off-ramps for digital assets and custodial services.Â
We are committed to actively listening to our customers and strive to provide secure and easy access to quality tokens that enable them to capitalize on market opportunities and growth potential.”
Guoliang Hao, chief business officer of OSL
After the TON blockchain received multi-million dollar backing from Pantera Capital, OSL decided to include TON in its OTC services.
The Californian venture capital behemoth reportedly gave the Open Network more than $250 million in funding, reported in May.
At the time, Pantera Capital said it had decided to invest in TON as the platform “has the capacity to introduce crypto to the masses because it is used extensively within the Telegram network.”
According to reports, Pantera Capital continued to support the blockchain connected to Telegram by raising an extra $20 million to invest in Toncoin. However, other financial specifics are still unknown.
