Monsoon Blockchain Corporation, Asia’s premier blockchain company pioneering the adoption of highly secure decentralized asset management, has partnered with Asia’s largest digital asset platform OSL of BC Group, DraperDragon Fund, CarbonBlue of BSN, and Academy Award Winning Studio Cross Creek Media. This deal signifies a major move for the blockchain, digital assets, and the expansion of global media and Hollywood. These partners create a global powerhouse in the Asia-Pacific region, which plan to harness industry-leading blockchain solutions for their business needs.
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“We are very honored to work with such insightful leaders and innovators, the breadth of participants in this deal demonstrates the significant impact blockchain will have across a wide variety of industries”
The Monsoon-OSL deal will explore opportunities to accelerate the drive towards the digitalization of assets, money, currencies, and decentralized blockchain ledgers (where all transactions, storage of payments and data will be inviolably recorded). Combining intellectual property, deal flow, large scale investors, and blockchain capabilities, Monsoon Blockchain is looking to create a digital asset powerhouse in the US and Asia.
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OSL is the Hong Kong region’s most comprehensive digital asset platform, providing Software-as-a-Service, brokerage, exchange, and custody services for institutions and professional investors. OSL manages over $1.5B in transactions per month in digital asset trading. After reaching $171 billion this year, the value of business-to-business and cross-border payments carried out on blockchain systems is estimated to exceed an astounding $4.4 trillion by 2024.
Recently, Fidelity International, a spin-off from the U.S. financial services brand Fidelity Investments, invested in BC Group (stock code: 863 HK), the Hong Kong-based operator of crypto exchange OSL. Including custodial accounts, the firm reported $8.3 trillion in assets under administration – a spike from the reported $6.7 trillion in 2018.
