Latest news with #STO
Malaysian Reserve
09-07-2025
- Business
- Malaysian Reserve
OSR Holdings Announces Strategic Roadmap for Tokenization Under Reg D Framework in Partnership with BCM Europe AG
BELLEVUE, Wash. and ZUG, Switzerland, July 9, 2025 /CNW/ — OSR Holdings, Inc. (NASDAQ: OSRH), a global healthcare company advancing biomedical and wellness innovation, today announced the official roadmap for a targeted $50 million security token offering (STO) planned for launch in the second half of 2025 under Regulation D of the U.S. Securities Act. The token, with the working title OSRT, will be a securitized digital asset representing OSR Holdings' equity exposure and is designed to align with the company's blockchain-based capital strategy. As part of this roadmap, Taekwondo Access Credit (TAC)—a utility token that rewards participation and has growing adoption in the global Taekwondo community —will be accepted alongside Bitcoin (BTC) and Tether (USDT) as eligible currencies for subscription to the OSRT offering. Taekwondo remains one of the world's most widely practiced martial arts, with an estimated 70 million practitioners of all ages across 190 countries. TAC has been selected as one of the subscription tokens for the upcoming STO, alongside BTC and USDT, for its possible real-world utility with blood glucose monitoring devices, details of which OSRH intends to announce in a forthcoming press release. BCM Europe intends to convert a substantial portion of its TAC holdings into BTC or USDT through market-based transactions prior to its anticipated participation. Due to the convertibility of TAC into OSRT and to ensure compliance and mitigate potential insider trading concerns, BCM Europe AG, the issuer of TAC and the largest shareholder of OSRH, will not be permitted to use TAC directly in subscribing to the OSRT offering. Other interested and eligible subscribers of OSRT will be able to use BTC, USDT, or TAC to acquire OSRT tokens. 'Our upcoming STO is not just a tokenization of our equity – it's a foundational element of our long-term capital and treasury strategy,' said Peter Hwang, CEO of OSRH. 'We believe that our combined $50 million STO plan and $80 million equity line of credit (ELOC) from White Lion GBM Innovation Fund provides a credible and achievable path towards building a $100 million Bitcoin and USDT reserve on our balance sheet.' Key Elements of the OSRT Security Token Roadmap: Plan for up to $50 Million STO Under Reg D:OSR Holdings aims to raise up to $50 million in digital assets via the OSRT token in the second half of 2025, offered under Regulation D, targeting accredited investors. Eligibility of BTC, USDT, and TAC:OSRT will be offered to accredited investors who may subscribe using BTC, USDT, or TAC, enabling diversified participation and aligning with OSRH's existing blockchain ecosystem partnerships. Special Restrictions for BCM Europe AG:While TAC will be accepted from eligible investors in the STO, BCM Europe AG, as the issuer of TAC and a major shareholder of OSR Holdings, will not be permitted to subscribe using TAC directly. Instead, BCM Europe will convert its TAC holdings into BTC or USDT through market-based transactions, a process designed to avoid conflicts of interest and align with best practices on insider participation. ELOC-Backed Liquidity Plan:In parallel to the STO, OSR Holdings continues to draw from its $80 million ELOC from White Lion GBM Innovation Fund, further reinforcing its capital base and enabling the company to scale its crypto holdings toward a realistic $100 million reserve. Crypto-Healthcare Convergence Strategy:OSRH is integrating decentralized finance with healthcare innovation, supported by its unique ecosystem that includes TAC, which is already actively used within the global Taekwondo community. Additional announcements on TAC real-world integration with digital healthcare are planned for 3Q2025. 'This roadmap represents a significant evolution in how public healthcare companies can engage with digital finance,' said Chris Bang, Chief Financial Officer of OSRH. 'By structuring this offering with both transparency and accessibility in mind, we aim to reach a new generation of investors while maintaining regulatory discipline and operational integrity.' About OSR Holdings, Inc. OSR Holdings, Inc. (NASDAQ: OSRH) is a global healthcare holding company dedicated to advancing biomedical innovation approaches to health and wellness to support global health outcomes. Through its subsidiaries, OSRH is engaged in immuno-oncology, regenerative biologics, and medical device distribution. OSRH's vision is to acquire and operate a portfolio of innovative healthcare and wellness companies, improving patient care through cutting-edge research and development. For more information, visit About BCM Europe AG BCM Europe AG is a healthcare and blockchain investment firm based in Zug, Switzerland. BCM Europe is the founding organization behind Taekwondo Access Credit (TAC), a utility token adopted globally in the martial arts community and traded on centralized exchanges. Forward-Looking Statements This press release includes forward-looking statements regarding the expected timeline and design of the OSRT security token offering and BCM Europe's participation strategy. These statements are subject to risks and uncertainties, including but not limited to regulatory approvals, market volatility, and technical readiness. The OSRT Token offering has not yet been approved by the Board of OSR Holdings and will proceed only upon satisfaction of applicable legal and regulatory requirements. Contact Information OSR Holdings, Relationsir@ BCM Europe AGMedia Relationsgroup@
Cision Canada
09-07-2025
- Business
- Cision Canada
OSR Holdings Announces Strategic Roadmap for Tokenization Under Reg D Framework in Partnership with BCM Europe AG
BELLEVUE, Wash. and ZUG, Switzerland, July 9, 2025 /CNW/ -- OSR Holdings, Inc. (NASDAQ: OSRH), a global healthcare company advancing biomedical and wellness innovation, today announced the official roadmap for a targeted $50 million security token offering (STO) planned for launch in the second half of 2025 under Regulation D of the U.S. Securities Act. The token, with the working title OSRT, will be a securitized digital asset representing OSR Holdings' equity exposure and is designed to align with the company's blockchain-based capital strategy. As part of this roadmap, Taekwondo Access Credit (TAC)—a utility token that rewards participation and has growing adoption in the global Taekwondo community —will be accepted alongside Bitcoin (BTC) and Tether (USDT) as eligible currencies for subscription to the OSRT offering. Taekwondo remains one of the world's most widely practiced martial arts, with an estimated 70 million practitioners of all ages across 190 countries. TAC has been selected as one of the subscription tokens for the upcoming STO, alongside BTC and USDT, for its possible real-world utility with blood glucose monitoring devices, details of which OSRH intends to announce in a forthcoming press release. BCM Europe intends to convert a substantial portion of its TAC holdings into BTC or USDT through market-based transactions prior to its anticipated participation. Due to the convertibility of TAC into OSRT and to ensure compliance and mitigate potential insider trading concerns, BCM Europe AG, the issuer of TAC and the largest shareholder of OSRH, will not be permitted to use TAC directly in subscribing to the OSRT offering. Other interested and eligible subscribers of OSRT will be able to use BTC, USDT, or TAC to acquire OSRT tokens. "Our upcoming STO is not just a tokenization of our equity – it's a foundational element of our long-term capital and treasury strategy," said Peter Hwang, CEO of OSRH. "We believe that our combined $50 million STO plan and $80 million equity line of credit (ELOC) from White Lion GBM Innovation Fund provides a credible and achievable path towards building a $100 million Bitcoin and USDT reserve on our balance sheet." Key Elements of the OSRT Security Token Roadmap: Plan for up to $50 Million STO Under Reg D: OSR Holdings aims to raise up to $50 million in digital assets via the OSRT token in the second half of 2025, offered under Regulation D, targeting accredited investors. Eligibility of BTC, USDT, and TAC: OSRT will be offered to accredited investors who may subscribe using BTC, USDT, or TAC, enabling diversified participation and aligning with OSRH's existing blockchain ecosystem partnerships. Special Restrictions for BCM Europe AG: While TAC will be accepted from eligible investors in the STO, BCM Europe AG, as the issuer of TAC and a major shareholder of OSR Holdings, will not be permitted to subscribe using TAC directly. Instead, BCM Europe will convert its TAC holdings into BTC or USDT through market-based transactions, a process designed to avoid conflicts of interest and align with best practices on insider participation. ELOC-Backed Liquidity Plan: In parallel to the STO, OSR Holdings continues to draw from its $80 million ELOC from White Lion GBM Innovation Fund, further reinforcing its capital base and enabling the company to scale its crypto holdings toward a realistic $100 million reserve. Crypto-Healthcare Convergence Strategy: OSRH is integrating decentralized finance with healthcare innovation, supported by its unique ecosystem that includes TAC, which is already actively used within the global Taekwondo community. Additional announcements on TAC real-world integration with digital healthcare are planned for 3Q2025. "This roadmap represents a significant evolution in how public healthcare companies can engage with digital finance," said Chris Bang, Chief Financial Officer of OSRH. "By structuring this offering with both transparency and accessibility in mind, we aim to reach a new generation of investors while maintaining regulatory discipline and operational integrity." About OSR Holdings, Inc. OSR Holdings, Inc. (NASDAQ: OSRH) is a global healthcare holding company dedicated to advancing biomedical innovation approaches to health and wellness to support global health outcomes. Through its subsidiaries, OSRH is engaged in immuno-oncology, regenerative biologics, and medical device distribution. OSRH's vision is to acquire and operate a portfolio of innovative healthcare and wellness companies, improving patient care through cutting-edge research and development. For more information, visit About BCM Europe AG BCM Europe AG is a healthcare and blockchain investment firm based in Zug, Switzerland. BCM Europe is the founding organization behind Taekwondo Access Credit (TAC), a utility token adopted globally in the martial arts community and traded on centralized exchanges. Forward-Looking Statements This press release includes forward-looking statements regarding the expected timeline and design of the OSRT security token offering and BCM Europe's participation strategy. These statements are subject to risks and uncertainties, including but not limited to regulatory approvals, market volatility, and technical readiness. The OSRT Token offering has not yet been approved by the Board of OSR Holdings and will proceed only upon satisfaction of applicable legal and regulatory requirements. Contact Information OSR Holdings, Inc. Investor Relations [email protected] +82-31-948-9419 BCM Europe AG Media Relations [email protected] +41-41-725-0800 SOURCE OSR Holdings Inc.
Khaleej Times
07-07-2025
- Business
- Khaleej Times
Global asset tokenisation market value to reach $13.55 trillion by 2030
The asset tokenisation market is projected to reach $2.08 trillion in 2025, with expectations of further growth to $13.55 trillion by 2030. Real-world asset (RWA) tokenisation, in particular, is expected to surpass $500 billion by the end of 2025, according to some projections. Toyow, a next-generation, multi-category tokenisation platform, recently signed a Memorandum of Understanding (MoU) with Nisus Finance for the tokenisation of funds and assets worth up to $500 million (Dh1.83 billion) as the latter plans to conduct a Security Token Offering (STO) of its real estate assets under management (AUM) through Toyow's marketplace. Toyow will build a dedicated STO launchpad for Nisus Finance, offering end-to-end technical and operational support. This includes smart contract development, blockchain integration, and full regulatory alignment across UAE, DIFC, and international jurisdictions. Investors holding Toyow token, will be able to invest in his fund using Toyow Token ($TTN). The partnership is part of Toyow's growing more than $38 billion tokenisation pipeline, which spans multiple asset classes and jurisdictions globally. Toyow is a multi-category RWA tokenisation marketplace that enables users to invest in tokenised physical assets through a unified, compliant marketplace, making traditionally illiquid assets accessible, tradable, and more transparent. Toyow, which started its operations in the UAE a few months ago, has already lined up billions of dollar worth of assets for investment by individuals and institutions. 'The UAE is emerging as a global leader in asset tokenisation, with initiatives like Dubai's Real Estate Evolution Space (REES) and the Dubai International Financial Centre's (DIFC) security-token framework. These initiatives are providing clear legal pathways for on-chain asset issuance,' Surajit Chanda, Co-Founder and CEO, Toyow, says. Disruptive technologies, such as asset tokenisation, could transform real estate over the next few years. Built on blockchain technology, tokenisation converts physical or financial assets into bite-sized, digital representations that can be securely traded or owned in fractional portions on a digital platform, a report by Deloitte said. 'Tokenised real estate could not only pave the way for new markets and products, but also give real estate organisations an opportunity to overcome challenges related to operational inefficiency, high administrative costs charged to investors, and limited retail participation,' it said. Real estate tokenisation is a major area of growth, with some predicting a market cap of $1.5 trillion by 2025, according to a report by Antier Solutions. Toyow's tokenisation covers a number of asset classes including real estate, commodities, movies, music, art, luxury cars, and many more. From asset onboarding and legal compliance to token issuance, secondary trading, and investor payouts, Toyow covers everything en-to-end. Its products are built for trust with strong focus on regulatory integrity, investor protection, and secure custody. 'Toyow's strategic focus on retail and institutional investors serve both everyday investors and regulated institutions while its token offerings have a global first compliant approach looking at the jurisdiction and custodial frameworks in different territories. Its token issuances are technologically scalable backed with smart contracts that come with dynamic rewards and automated compliance flows,' Surajit Chanda says. 'The UAE's progressive crypto and virtual asset framework (especially in Dubai and Abu Dhabi) provides an ideal launchpad for compliant RWA tokenisation.' Toyow is focusing on premium residential, hospitality, and branded commercial real estate developments in Dubai, Abu Dhabi, Riyadh, and Doha for tokenisation as $500 million worth of real estate tokenisation discussions already underway with developers in Dubai.
Hindustan Times
06-07-2025
- Health
- Hindustan Times
Puducherry cracks down on chemists flouting rules on sale of tuberculosis medicines
New Delhi, The Puducherry administration has launched raids against private drug retailers flouting the ban on sale of anti-tuberculosis drugs in contravention of norms. Puducherry cracks down on chemists flouting rules on sale of tuberculosis medicines The joint enforcement raids are being conducted by the State TB Cell in collaboration with the Department of Drugs Control. The Puducherry administration in alignment with the National Tuberculosis Elimination Programme implemented the ban on the sale of anti-TB drugs by private chemists, Dr S Govindarajan, Mission Director of National Health Mission , Puducherry, told PTI. The move, initiated in 2017, followed directives from the Central TB Division, Union Health Ministry advising that anti-TB drugs should only be dispensed through government sources to ensure strict treatment adherence and minimise the risk of drug-resistant TB, he said. "Despite the initial ban, instances of non-compliance by a few chemists prompted the State TB Cell, in coordination with the Department of Drugs Control, to launch targeted joint enforcement raids," he said. These inspections aimed both at preventing unauthorised sales and to sensitise chemists regarding the public health implications of selling anti-TB drugs without notifying the State TB Officer , Dr C Venkatesh, STO, said. As part of ongoing efforts, multiple awareness meetings were held with wholesalers, retailers, and pharmacists across Puducherry, Dr Govindrajan informed. "They were instructed to stop dispensing anti-TB drugs to patients and instead report such cases using a standardised notification form," he said. These reports enabled the STO office to track patients and ensure treatment completion, Dr Govindarajan stated. "The druggists were again and again educated in a series of meeting that the selling of anti-TB drugs outside to TB patients lent to non-completion of full course of drug intake by the patient and the patient might become defaulter or the patient turned into Multi-Drug-Resistant TB case which was dreadful than the profit the druggist made from the sale," he said. Over time, these measures have yielded notable success, Dr Venkatesh said. "The sale of anti-TB drugs through private channels has significantly declined," he said. Most chemists have voluntarily withdrawn from stocking TB medications due to low demand. Additionally, private practitioners in the UT were sensitised and are now actively reporting TB cases to the STO, thus bringing more patients under the government-supported treatment regimen, Dr Venkatesh said. The State TB Cell has established three dedicated teams to conduct evening visits to private clinics for one-on-one discussions with practitioners, emphasising the importance of notifying TB cases and supporting treatment completion. "So far, eight joint raids have been conducted in the last two months, and prosecution was initiated against a chemist found violating the directives," Dr Venkatesh said. These sustained efforts have ensured that all TB patients in Puducherry are now notified under the programme and are receiving free anti-TB drugs from government sources, with continuous monitoring to ensure full treatment adherence. The initiative underscores the administration's commitment to preventing the emergence of Multi-Drug-Resistant TB , a serious threat linked to poor treatment compliance and unregulated drug availability, Dr Venkatesh added. This article was generated from an automated news agency feed without modifications to text.
Yahoo
19-06-2025
- Business
- Yahoo
EDENA ANNOUNCES INDONESIA DIGITAL SECURITIES MARKET ENTRY
Establishes Strategic Joint Venture to Pioneer ASEAN's Digital Securities Hub JAKARTA, Indonesia, June 19, 2025 /PRNewswire/ -- Singapore-based Edena Capital Partners and its Korean technology subsidiary Group KS today announced their strategic entry into Indonesia's digital securities market, having successfully established joint venture "Edena Capital Nusantara" with prominent Indonesian partners to pioneer Security Token Offering (STO) exchange development across ASEAN's largest economy. The joint venture was formalized through a signing ceremony in Jakarta today, with Wook Lee (CEO) and Chase S. Cho (Co-CEO) representing Edena Capital Partners, alongside Indonesian partners PT Dua Saudara Nusantara and PT Milkyverse Dunia Digital. The ceremony was attended by key stakeholders including Rendy Ronaldy Bimantara (CEO, PT Dua Saudara Nusantara), Yayang Ruzaldy (Co-Representative, PT Dua Saudara Nusantara), and Rob Clinton Kardinal (Representative, PT Milkyverse Dunia Digital). Pioneering ASEAN's Digital Securities Transformation "Having established our strong local partnership, we are now positioned to enter Indonesia's inaugural STO exchange sandbox program and build ASEAN's leading digital securities infrastructure," said Wook Lee, CEO of Edena Capital Partners. "This joint venture enables us to connect Indonesia's 270 million people to international capital markets while establishing the foundation for ASEAN's digital securities ecosystem. We're integrating this with our proven exchange operations in Cambodia and strategic partnerships in Malaysia." Through Edena Capital Nusantara, the company will operate the "Edena Indonesia" STO exchange, cementing its position as the first international platform capturing Indonesia's first STO sandbox opportunity and leading ASEAN's digital securities evolution. ASEAN Digital Securities Leadership Strategy EDENA's Indonesia market entry strategy demonstrates regional advantages: Strategic Partnership: Joint venture with Indonesian market leaders Regional Hub Development: Positioning Indonesia as ASEAN's digital securities center Cross-Border Integration: Connecting Indonesia to broader ASEAN digital securities network Comprehensive Assets: Carbon credits and comprehensive tokenized asset offerings The platform will prioritize carbon credit tokenization – aligning with President Jokowi's Green Recovery initiatives and Indonesia's 2030 carbon neutrality commitments, while building comprehensive digital securities capabilities establishing Indonesia as ASEAN's innovation hub. Advanced Infrastructure for Regional Growth Operating from Singapore with regulatory expertise across ASEAN jurisdictions, EDENA has developed STO infrastructure for multi-jurisdiction compliance. The hybrid blockchain architecture enables regulatory adherence and cross-border transactions across different frameworks. EDENA's approach centers on building integrated infrastructure connecting regional markets. With global STO market projected at $2.4 trillion by 2030, the company's Indonesia entry positions it to lead ASEAN's digital securities transformation and establish regional digital finance leadership. SOURCE Edena Capital Partners Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
