Announcement • Aug 21
OSL Group Announces USDGO Now Live On Kraken With USDGO/USD Spot Trading Pair OSL Group announced that the regulated enterprise stablecoin USDGO is now listed on Kraken with a USDGO/USD spot trading pair. Eligible Kraken users can now trade directly between US dollars and USDGO on the exchange. This listing connects Kraken's established fiat and digital-asset trading infrastructure directly to USDGO, allowing users to move straight from dollars into USDGO and back through Kraken's infrastructure. Direct USD liquidity also gives the market a clearer, more direct way to price USDGO, since buyers and sellers meet in the same pair rather than across several converted markets. For institutional and professional traders, each extra conversion step adds cost, delay, and operational complexity to a trade. Removing one of those steps is a meaningful efficiency gain, particularly for participants moving large amounts of USDGO in and out of fiat. Kraken operates under regulatory licenses and registrations across multiple jurisdictions, and trading USDGO on a platform with that kind of regulatory footprint fits shapes how USDGO is issued in the first place. USDGO is issued by Anchorage Digital Bank, N.A., the first federally chartered crypto bank in the United States. It is 1:1 backed by high-quality liquid assets, including USD Treasuries. Those issuance standards remain the same regardless of where USDGO trades, and listing on a venue that itself operates under multiple regulatory licenses and registrations is consistent with that same compliance-first approach. The USDGO/USD pair creates a direct fiat trading route between USDGO and the USD Dollar, reducing reliance on intermediary stablecoin or crypto trading pairs. This provides institutional and professional participants with a more straightforward path to acquire, convert and manage USDGO liquidity. This listing arrives as USDGO's footprint continues to grow. Since its public launch in February 2026, circulating supply has scaled to more than USD 1,000 million as of August 2026. A direct, regulated USD trading venue gives growing supply a more efficient market to trade in, and gives new institutional participants a more familiar way to enter it. USDGO is a federally regulated and third-party audited USD dollar stablecoin purpose-built for the GENIUS era. It is 1:1 backed by high-quality liquid assets, including USD Treasuries. Anchorage Digital Bank is the issuer. OSL Group is the brand operator and distributor. With enterprise-grade services, USDGO aims to become a compliant liquidity and settlement tool connecting Web 3 industries and traditional finance with on-chain operations. It enables enterprises to orchestrate global capital through compliant payment rails, effective treasury management, and diverse digital assets access, and is dedicated to the long-term empowerment of the real economy. Live News • Aug 21
USDGO Launches on Kraken With Institutional Custody on Ceffu Expanding Access OSL Group said its regulated USD stablecoin USDGO is now tradable against US dollars on Kraken and available for institutional custody on Ceffu, expanding both trading access and third-party storage options.
The Kraken listing gives eligible users a direct USDGO/USD spot pair on a regulated exchange, while Ceffu custody aims to meet institutional requirements for segregated, compliant asset safekeeping beyond single-party wallets.
OSL Group shares last traded at HK$12.50, with the stock up 10.2% over the past 90 days.
These developments broaden USDGO’s reach across two key parts of the institutional stack: trading and custody. For investors, the read-through is that OSL Group is building more distribution channels for its stablecoin product, while also tying it more closely into existing institutional workflows, which can be critical for adoption and usage. Live News • Aug 13
OSL Group Named Early Distributor for Regulated Hong Kong Dollar Stablecoin HKDAP OSL Group has been named one of the first authorised distributors for the regulated Hong Kong dollar stablecoin HKDAP via Beta Access, providing distribution and liquidity support initially for professional investors.
The company plans to centre HKDAP around tokenised finance and trade finance use cases, with a stated goal of expanding its use in real-economy payments and other financial applications.
OSL Group shares last traded at HK$12.57, with the stock down 26.0% year to date.
This HKDAP role gives OSL Group an early foothold in a regulated Hong Kong dollar stablecoin, which aligns with its focus on tokenisation and institutional clients. The key questions are how quickly real-economy use cases scale and whether professional investor demand for HKDAP builds, since both factors will influence the revenue potential from distribution and liquidity services.