According to Techub News, OSL Group (00863) announced that OSL Digital Securities Co., Ltd., a wholly-owned subsidiary and digital asset trading platform licensed by the Securities and Futures Commission of Hong Kong, has strengthened cooperation with Huaying Securities to promote the physical subscription and redemption process of Hong Kong's first spot virtual asset exchange-traded fund, making full preparations for the launch of ETF products.  

OSL and Huaying Securities play an important role in promoting the physical subscription and redemption of spot cryptocurrency ETFs, ensuring that investors can directly use the underlying physical digital assets to execute the subscription and redemption of spot virtual asset ETF product shares, which can greatly improve the liquidity of digital assets and allow more investors to easily enter the digital asset market.