OSL Group Expands Southeast Asian Footprint with Koinsayang Acquisition

Hong Kong-based digital asset firm gains full Indonesian regulatory approval, opening doors to tokenized finance and PayFi solutions.

OSL Group, a Hong Kong-based firm specializing in digital asset services, has finalized its acquisition of Koinsayang, a licensed crypto exchange in Indonesia. The transaction, carried out through the issuance of around 9.3 million shares, provides OSL with full regulatory approval to operate locally, marking a major milestone in its growth across Southeast Asia.

The acquisition positions OSL to offer cryptocurrency and derivatives trading under local rules, while laying the foundation for emerging business areas such as real-world asset (RWA) tokenization and PayFi services. Indonesia’s growing digital asset ecosystem, ranking third globally in RWA interest, presents a strategic opportunity for the firm.

Building a Regulated Financial Platform
Through Koinsayang, OSL gains a platform to deliver a wide array of digital asset services, including secure trading infrastructure, derivatives products, and custody solutions. These offerings target both retail and institutional investors, complementing OSL’s operations in Hong Kong and other jurisdictions, and reinforcing its leadership in regulated crypto services across Southeast Asia.

Leveraging Local Brand and Market Insights
Koinsayang’s established brand recognition and local market presence provide OSL with a strong entry point. The company plans to accelerate the rollout of innovative, compliance-driven financial products, broadening client coverage, promoting blockchain adoption, and strengthening regional regulatory standards. This strategy also diversifies revenue streams and expands OSL’s user base.

Indonesia’s Strategic Appeal
Indonesia’s large, tech-savvy population, combined with robust internet penetration and a clear regulatory framework, makes it an attractive market for integrating traditional finance with Web3 solutions. According to Ivan Wong, OSL’s Chief Financial Officer, these factors enable the firm to offer regulated crypto payments, RWA tokenization, and PayFi services effectively, aligning with its compliance-driven global expansion strategy.

Tapping into Tokenized Finance Potential
The acquisition also enables OSL to capitalize on Indonesia’s growing interest in RWAs, an area where the country ranks third worldwide. By combining technological expertise with regulatory compliance and local market knowledge, OSL aims to accelerate the adoption of tokenized financial products, contributing to broader blockchain development across Southeast Asia.

Strengthening Compliance and Global Reach
Regulatory compliance remains a core focus for OSL. With this acquisition, the firm can provide secure, standards-compliant digital asset services, enhancing its credibility among retail and institutional clients alike. Alongside OTC brokerage, SOC 2 Type 2-certified custody with insurance coverage, and preparations for cross-border payments via OSL Pay, the Koinsayang acquisition solidifies OSL’s position as a key enabler of regulated digital finance in the region.