OSL Group to acquire Banxa Holdings for CAD85.2m.

OSL Group, a digital asset company, agreed to acquire Banxa Holdings, an infrastructure provider for enabling embedded crypto within payment platform, for CAD85.2m. "We are delighted to be combining Banxa and OSL's aligned vision of delivering the benefits of global crypto payments infrastructure and crypto exchange services to enterprises and users around the world. We are excited to be joining the OSL team to accelerate the growth of our platform at a global scale. Today, the board of directors of Banxa is proud to take this step forward - one that reflects our confidence in the future and our commitment to deliver value to all our stakeholders," Zafer Qureshi, Banxa Executive Director and Co-CEO.