{"id":52002,"date":"2025-10-09T15:46:48","date_gmt":"2025-10-09T15:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52002"},"modified":"2025-10-09T15:46:48","modified_gmt":"2025-10-09T15:46:48","slug":"wall-street-bank-citi-flags-osl-as-top-bet-in-hong-kongs-crypto-sector","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52002","title":{"rendered":"Wall Street Bank Citi Flags OSL as Top Bet in Hong Kong\u2019s Crypto Sector"},"content":{"rendered":"<div>\n<p>Wall Street giant Citi (C) initiated coverage of crypto exchange OSL (0863) with a buy\/high risk rating and a target price of 21.80 Hong Kong Dollars ($2.80), or 22 times projected 2025 price-to-sales. <\/p>\n<p>Citi said OSL is well positioned as a regulated digital-asset trading and payments platform, with strong growth prospects tied to institutional crypto adoption and stablecoin-related products. <\/p>\n<p>The bank projects revenue growth of 80%, 60% and 36% in 2025, 2026 and 2027, driven by payment finance (PayFi) expansion and a broader regulated market footprint.<\/p>\n<p>The firm&#8217;s analysts highlighted OSL\u2019s regulatory-first strategy, noting its more than 50 licenses across 10 jurisdictions and plans to expand further in Europe, the Middle East and emerging markets. <\/p>\n<p>The bank also pointed to OSL\u2019s dominant position in Hong Kong\u2019s OTC crypto market, where it controls over 60% share, citing liquidity, pricing and client retention as key strengths.<\/p>\n<p>OSL is also pushing into stablecoin infrastructure with upcoming launches including OSL BizPay, a lower-cost cross-border payment platform, as well as StableX for stablecoin issuance and Tokenworks for tokenization. <\/p>\n<p>Citi warned of risks from volatility, regulation and competition but said OSL\u2019s compliance-first approach and early lead make it a standout in Hong Kong\u2019s growing digital-asset sector.<\/p>\n<p>The stock closed 0.4% lower in Hong Kong trading, at 16.89 Hong Kong dollars ($2.17)<\/p>\n<p>The Hong Kong-based firm <a href=\"https:\/\/www.prnewswire.com\/news-releases\/osl-group-secures-us300-million-in-equity-financing-to-accelerate-global-digital-asset-infrastructure-expansion-302513754.html#:~:text=HONG%20KONG%2C%20July%2025%2C%202025,digital%20asset%20sector%20to%20date.\">raised $300 million in an equity sale<\/a> in July.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/25\/crypto-exchange-osl-group-raises-usd300m-ahead-of-hong-kong-s-stablecoin-regulation-plan\"><span style=\"text-decoration:underline\">Crypto Exchange OSL Group Raises $300M Ahead of Hong Kong&#8217;s Stablecoin Regulation Plan<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street giant Citi (C) initiated coverage of crypto exchange OSL (0863) with a buy\/high risk rating and a target price of 21.80 Hong Kong Dollars ($2.80), or 22 times projected 2025 price-to-sales. Citi said OSL is well positioned as a regulated digital-asset trading and payments platform, with strong growth prospects tied to institutional crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}