OSL Group Limited has announced the acquisition of 81.38% of CoinBest K.K., a regulated crypto exchange in Japan, as part of its strategic entry into the country’s rapidly growing cryptocurrency market. CoinBest is one of 29 regulated exchanges in Japan, which currently has over 5 million active accounts.
OSL aims to leverage this acquisition to create operational synergies, improving global trading liquidity across its member platforms and the broader network, including OSL Digital Securities. The company plans to bring its expertise in OTC, custody, and trading services to new markets while gaining insights and cutting-edge technologies to enhance its offerings and strengthen its competitive edge.
Japan’s strict regulatory regime has played a vital role in protecting customers’ funds and maintaining market security.
