OSL Group (00863) announced interim results, revenue of HK$55.813 billion, up 65.76% year over year

According to the Zhitong Finance App, OSL Group (00863) announced interim results for the six months ended June 30, 2026. The group achieved revenue of HK$55.813 billion, an increase of 65.76% over the previous year; losses attributable to the company's owners of HK$861 million; loss of HK$0.98 per share.

Despite falling digital asset prices and weak overall industry sentiment, the Group achieved strong growth in trading volume and reported revenue. Total trading volume increased significantly by about 241.3% year over year to approximately HK$172 billion, and reported revenue increased by about 65.8% year over year to approximately HK$55.8 billion. Excluding the market trading volume executed by the Group's exchanges, the trading volume for the first half of 2026 was HK$97.7 billion (first half of 2025: HK$45.4 billion), an increase of 115.2% over the previous year, reflecting basic customer activity.

Excluding net digital asset losses and net digital asset fair value losses used to facilitate digital asset trading services, adjusted non-IFRS revenue increased 75.5% year-on-year to HK$331 million, which was supported by growth in payment business, Banxa's integration, and the launch of stablecoin distribution and payment products. The steady growth in scale and reported revenue validates the Group's core market position — the Group has transformed into a leading global stablecoin infrastructure company through strategic investment in the four core competencies of global connectivity, global licenses, instant settlement and deep liquidity. These core competencies have become the Group's basic strengths, and together form a moat that takes years to build and is difficult to replicate.