Taiwanese fintech firm OwlTing has received approval to list directly on the Nasdaq, marking a major milestone for the country’s growing stablecoin and blockchain 0 Takeaways: OwlTing will begin trading on Nasdaq under the ticker OWLS on October 16 through a direct 1 company’s direct listing avoids share dilution and reflects confidence in its valuation and growth 2 rising revenue and global expansion plans, OwlTing aims to lead Asia’s push into blockchain-based payment 3 is set to begin Thursday, October 16, under the ticker OWLS, according to a statement from parent company Obook Holdings, according to a Tuesday press 4 Opts for Direct Nasdaq Listing to Avoid Share Dilution By choosing a direct listing, OwlTing is bypassing the traditional IPO route, avoiding the issuance of new shares and potential dilution of existing 5 move underscores confidence in the company’s market valuation and long-term 6 by Darren Wang, OwlTing started in sectors like food traceability and hospitality before pivoting toward digital payment 7 flagship product, OwlPay, launched in 2023, enables global businesses to send payments in stablecoins such as USDC or in fiat 8 platform has since gained traction among enterprises seeking faster, lower-cost settlement solutions.
“Our journey has always been about solving real-world problems with compliance and transparency at the core,” Wang 9 years of building and believing, OwlTing Group (OBOOK Holdings Inc.) is taking its next step. We’ll direct-list on the Nasdaq Global Market (Ticker: $OWLS ) on 10 for every partner, investor, and teammate who made this possible. A new era 11 — OwlTing Group (@OwlTing) October 14, 2025 CFO Winnie Lin added that the firm plans to expand internationally while maintaining its “compliance-first” framework. OwlTing’s 2024 prospectus shows $7.6 million in revenue, an 18.3% increase year over year, alongside a net loss of $10.3 million, up from $6.8 million in 12 the loss, the company’s listing signals investor interest in blockchain-driven payment solutions that bridge traditional finance with digital assets.
OwlTing’s Nasdaq debut could set a precedent for other Asian Web3 firms aiming to access 13 markets through direct 14 Pilots Stablecoin Payments to Modernize Cross-Border Transfers As reported, Visa has launched a pilot program that allows businesses to fund cross-border payments using stablecoins instead of pre-funding local 15 initiative, built on Visa Direct, is designed to reduce friction and eliminate the need for firms to hold large cash reserves across multiple 16 follows the passage of the GENIUS Act, which gave regulatory clarity for stablecoin issuers in the 17 banks and remittance firms, the system is expected to speed up transactions and unlock dormant 18 regulators remain cautious about stablecoins, Visa’s move signals a shift toward integrating blockchain rails into traditional financial systems instead of opposing 19 company has already processed $200 million in stablecoin settlements and sees growing convergence between traditional payments and crypto 20 its Tokenized Asset Platform and new bank partnerships, Visa is positioning itself as both a facilitator and direct player in the future of global payments.
Story Tags
Latest news and analysis from cryptonews
