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The Taiwanese stablecoin infrastructure company OwlTing lists on Nasdaq.
The Taiwanese stablecoin infrastructure company OwlTing will begin trading on the Nasdaq Global Market this Thursday, with the stock code OWLS.
OwlTing chooses the direct listing method to ensure transparency and avoid dilution of shares, while affirming its position as a standard-setting partner in the stablecoin field.
This move comes amid a strong wave of interest from global institutions and regulators in stablecoins. OwlTing stated that new regulations are creating a “safer foundation for the acceptance of stablecoins” and the company's goal is to build a cross-border payment infrastructure based on regulated stablecoins.
In 2024, OwlTing achieved a revenue of 7.6 million USD, an increase of 18% compared to the previous year, with a total payment value of 218 million USD.