OSL Group's stock price climbed over 8%, planning a full acquisition of the Crypto Assets infrastructure company Banxa.

Gate News bot message, today, the stock price of OSL Group listed on the Hong Kong Stock Exchange (stock code: 00863) has significantly risen, with an intraday increase reaching 8.13%, and the trading price touching 15.16 USD.

This rise may be related to the recent strategic deployment of the group. According to reports, the OSL Group announced a significant acquisition plan earlier this week. The company plans to invest CAD 85.2 million to fully acquire all shares of the cryptocurrency infrastructure provider Banxa, aiming to expand its layout in the digital asset services sector.

BlockBeats reported on this.