The crypto industry is rapidly growing, and with it, the number of investors and companies interested in getting involved. One of the latest developments in the space is the announcement that BGX Group has invested $90 million in Hong Kong-based crypto exchange OSL. This is a significant investment that will help OSL expand its operations and become a major player in the crypto market.

BGX Group is a venture capital firm that specializes in investing in blockchain-related projects. The firm has invested in a variety of projects, including cryptocurrency exchanges, blockchain-based projects, and other related ventures. The firm has been involved in the crypto space since 2017 and has made investments in a number of different projects.

OSL is a Hong Kong-based cryptocurrency exchange that was founded in 2018. The exchange offers a variety of services, including spot trading, margin trading, and derivatives trading. The exchange also provides a range of services to institutional investors, such as custodial services and access to over-the-counter (OTC) trading.

The $90 million investment from BGX Group will help OSL expand its operations and become a major player in the crypto market. The funds will be used to expand the exchange’s infrastructure and services, as well as to develop new products and services for institutional investors. The investment will also help OSL build out its team and hire additional staff to support its growth.

The investment from BGX Group is a major vote of confidence in the crypto industry and shows that there is still plenty of potential for growth. It is also a sign that institutional investors are beginning to take the crypto space more seriously and are willing to invest in projects that have the potential to be successful.

Overall, the investment from BGX Group is a positive development for the crypto industry and shows that there is still plenty of room for growth. It is also a sign that institutional investors are beginning to take the crypto space more seriously and are willing to invest in projects that have the potential to be successful.