Game-Changing Partnership Unveiled!

In a groundbreaking move, OSL Digital Securities has joined forces with China Asset Management Hong Kong (ChinaAMC HK) to launch staking services for Ether within their Ether ETF. This comes closely on the heels of Hong Kong's Securities and Futures Commission (SFC) granting formal approval for licensed digital asset platforms to offer staking services.

A New Era for Crypto Investments

This collaboration sets a new standard in Hong Kong's digital asset marketplace. Investors in the Ether ETF will not only hold their assets but can now earn staking rewards thanks to the Ethereum proof-of-stake mechanism. This transforms the ETF into an active player in the Ethereum ecosystem while maintaining strict adherence to regulatory standards.

OSL’s Vision for the Future

Eugene Cheung, the Chief Commercial Officer of OSL, expressed pride in this partnership, stating, "This landmark achievement signifies the evolution of crypto assets into institutional-grade income-generating products. OSL is committed to providing secure access to Ethereum's staking rewards while ensuring top-tier investor protection."

Regulatory Backing for Staking Services

Thanks to the SFC's recent approval, this partnership can operate with a robust regulatory framework. The new guidelines stipulate that platforms offering staking must securely hold staked assets and disclose all associated risks, including slashing penalties and unstacking periods.

Lowering Barriers for Investors

Thomas Zhu, head of digital assets at ChinaAMC HK, highlighted the significance of this collaboration, saying, "By introducing Ethereum staking capabilities within the ChinaAMC Ether ETF, we’re paving a secure and regulated path for both institutional and retail investors. This development simplifies access to ETH staking and encourages broader participation in decentralized finance (DeFi), marking a major advancement in blockchain adoption within a compliant framework."

A Comprehensive Staking Solution

The partnership also leverages OSL's regulatory expertise and its strategic alliance with the enterprise-grade staking platform Kiln. By merging Kiln's state-of-the-art technology with OSL's licensed operations, they are set to deliver a fully compliant staking solution that meets the needs of ETF providers and institutional investors alike.