Taiwanese Stablecoin Firm OwlTing Approved for Nasdaq Direct Listing
Taiwanese fintech agency OwlTing has acquired approval to listing immediately on the Nasdaq, marking a serious milestone for the nation’s rising stablecoin and blockchain business.
Key Takeaways:
- OwlTing will start buying and selling on Nasdaq below the ticker OWLS on October 16 by a direct itemizing.
- The firm’s direct itemizing avoids share dilution and displays confidence in its valuation and progress technique.
- With rising income and international growth plans, OwlTing goals to steer Asia’s push into blockchain-based fee infrastructure.
Trading is about to start Thursday, October 16, below the ticker OWLS, in line with an announcement from mum or dad firm Obook Holdings, in line with a Tuesday press release.
By selecting a direct itemizing, OwlTing is bypassing the standard IPO route, avoiding the issuance of recent shares and potential dilution of current holdings.
The transfer underscores confidence within the firm’s market valuation and long-term technique.
Founded by Darren Wang, OwlTing began in sectors like meals traceability and hospitality earlier than pivoting towards digital fee infrastructure.
Its flagship product, OwlPay, launched in 2023, permits international companies to ship funds in stablecoins equivalent to USDC or in fiat foreign money.
The platform has since gained traction amongst enterprises in search of sooner, lower-cost settlement options.
“Our journey has at all times been about fixing real-world issues with compliance and transparency on the core,” Wang mentioned.
After years of constructing and believing, OwlTing Group (OBOOK Holdings Inc.) is taking its subsequent step.
We’ll direct-list on the Nasdaq Global Market (Ticker: $OWLS) on Oct. 16.
Grateful for each companion, investor, and teammate who made this potential.
A brand new period begins.
pic.twitter.com/UUXSAdytvA
— OwlTing Group (@OwlTing) October 14, 2025
CFO Winnie Lin added that the agency plans to increase internationally whereas sustaining its “compliance-first” framework.
OwlTing’s 2024 prospectus reveals $7.6 million in income, an 18.3% enhance 12 months over 12 months, alongside a internet lack of $10.3 million, up from $6.8 million in 2023.
Despite the loss, the corporate’s itemizing indicators investor curiosity in blockchain-driven fee options that bridge conventional finance with digital belongings.
OwlTing’s Nasdaq debut may set a precedent for different Asian Web3 companies aiming to entry U.S. capital markets by direct listings.
Visa Pilots Stablecoin Payments to Modernize Cross-Border Transfers
As reported, Visa has launched a pilot program that enables companies to fund cross-border funds utilizing stablecoins as a substitute of pre-funding native accounts.
The initiative, constructed on Visa Direct, is designed to scale back friction and eradicate the necessity for companies to carry giant money reserves throughout a number of currencies.
It follows the passage of the GENIUS Act, which gave regulatory readability for stablecoin issuers within the US.
Targeting banks and remittance companies, the system is predicted to hurry up transactions and unlock dormant capital.
While regulators stay cautious about stablecoins, Visa’s transfer indicators a shift towards integrating blockchain rails into conventional monetary programs as a substitute of opposing them.
The firm has already processed $200 million in stablecoin settlements and sees rising convergence between conventional funds and crypto infrastructure.
With its Tokenized Asset Platform and new financial institution partnerships, Visa is positioning itself as each a facilitator and direct participant in the way forward for international funds.
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