web3: OSL launches Hong Kong's first licensed retail XRP exchange
Coinpedia
1h ago
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OSL has launched licensed retail XRP trading in Hong Kong, supporting USD and HKD trading pairs and offering instant exchange and OTC trading services.
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OSL Group has launched retail XRP trading on its Hong Kong Securities and Futures Commission-licensed exchange, offering the service to local retail investors. According to the company, this is the first retail XRP trading channel in Hong Kong provided by a licensed platform.

Offers USD and HKD trading pairs

Following this launch, users can trade XRP through OSL using USD and HKD trading pairs. The platform also offers instant swaps and over-the-counter (OTC) trading services, expanding the tradable scope of XRP within compliant channels.

For the Hong Kong market, this means that retail investors can access XRP through regulated platforms, rather than relying solely on offshore or unlicensed channels. For XRP, this also increases its compliant circulation access in major Asian financial centers.

Trading for professional investors has already been opened.

OSL previously launched an XRP trading service exclusively for professional investors in December 2025. This further opening to retail investors demonstrates that the platform is expanding its product offerings from institutional and high-net-worth clients to a broader user base.

Prior to this, OSL had already integrated XRP deposit and withdrawal functionality into its custody platform in preparation for the launch of spot trading. This retail trading launch signifies that trading, custody, and deposit/withdrawal support have now formed a more complete service chain.

Hong Kong licensed platforms continue to expand their currency offerings.

Recently, licensed crypto platforms in Hong Kong have been continuously expanding the range of tradable assets, and market attention has gradually shifted from mainstream assets such as Bitcoin and Ethereum to tokens with higher market recognition, such as XRP.

The key focus of OSL's launch is to integrate XRP into Hong Kong's existing licensed retail trading framework. For the platform, this helps expand its product coverage; for the market, it reflects the continued progress of Hong Kong's compliant crypto trading ecosystem.

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