BC Technology plans to sell its cryptocurrency trading platform OSL at a valuation of 128 million USD

According to ChainCatcher news, citing sources familiar with the matter, BC Technology Group Ltd. is considering selling its cryptocurrency trading platform OSL, which is one of only two licensed exchanges under the digital asset regulations launched in Hong Kong in June.

Sources said that BC Technology has assessed the interest of potential buyers for OSL, including industry participants and funds, and has proposed a valuation of HKD 1 billion (USD 128 million). They requested anonymity due to the private nature of the discussions.