The OSL Group intends to acquire all shares of cryptocurrency service provider Banxa for CAD 85.2 million

news, according to Sina Finance, OSL Group (00863.HK) announced on June 27, 2025, that it plans to acquire all shares of Banxa through its indirectly wholly-owned subsidiary OSL BNXA Acquisition Inc., with a maximum transaction amount of approximately CAD 85.2 million.

Banxa is a cryptocurrency infrastructure provider listed on the TSX Venture Exchange, with operations covering Europe, North America, and Australia. This acquisition aligns with OSL Group's global expansion strategy in the digital asset industry.