OSL Group Launches Instant Redemption Feature for USDGO Plus SP Tokenized Assets
OSL Group has announced the launch of an 'Instant Redemption' feature on its licensed platform, initially featuring the USDGO Plus SP tokenized real-world asset (RWA) product. Under this new service, eligible professional investors can receive redemption proceeds on the same day they request them through OSL, subject to specific eligibility criteria and terms. The USDGO Plus SP is a segregated portfolio of PrimePlus SPC, a Cayman Islands-registered mutual fund. The initiative operates under a cooperation framework between 2WA and OSL, where fund units are held in custody via OSL while 2WA utilizes the USDGO ecosystem for settlement and liquidity. This move aims to enhance the utility and mobility of regulated assets through blockchain technology.
Topics: Digital Asset Custody Instant Redemption Real-World Assets (RWA) Tokenization