Bullish
OSL Secures Exclusive SWIFT BIC for Direct Global Payment Network Access
2026-08-04 15:45
OSL Group obtains exclusive SWIFT Business Identifier Code, enabling direct integration into global payment networks. This facilitates streamlined cross-border settlements and enhances institutional access to digital assets.
Woofun AI reports that OSL Group has acquired an exclusive SWIFT Business Identifier Code (BIC), granting direct connectivity to the global payment liquidation network. This infrastructure upgrade allows the platform to streamline cross-border settlement processes by eliminating intermediate friction points.
Kevin Cui, CEO of OSL Group, stated that the exclusive BIC enables OSL to integrate into the global banking system as an independent entity alongside partner banks. He noted this development provides an institutional-scale liquidation channel and marks a significant step in building infrastructure for confident institutional engagement in digital assets.
WOOFUN AI
Impact Assessment · Quick Read
Securing a SWIFT BIC allows OSL to operate with bank-level interoperability, potentially reducing settlement times and costs for institutional clients. This move may bridge the gap between traditional finance and crypto, encouraging greater institutional capital inflow. Competitors lacking such direct access could face increased pressure to secure similar banking integrations.
Generated by WOOFUN AI · For reference only, not investment advice
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