OSL Launches Same-Day Redemption for USDGO Plus SP Fund Units
OSL's instant redemption feature allows eligible professional investors to receive proceeds the same day, marking an early rollout of the platform's new service.
Hong Kong-based digital asset platform OSL has introduced same-day redemption capabilities for units of PrimePlus SPC's USDGO Plus SP, positioning the product among the first to offer instant liquidity access through the exchange's newly launched redemption service.
Eligible professional investors holding USDGO Plus SP units via OSL can apply for redemptions and receive proceeds on the same business day, according to the announcement. The service is subject to OSL's eligibility criteria and applicable terms and conditions, limiting participation to qualifying institutional and professional clients.
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The move reflects a broader push within Hong Kong's regulated digital asset space to close the gap between traditional fund redemption timelines and the near-instant settlement expectations that crypto-native investors have come to expect. Same-day liquidity for structured product wrappers has historically been difficult to achieve within compliance-bound frameworks.
By placing USDGO Plus SP among its inaugural instant redemption products, OSL signals confidence in its operational infrastructure to handle accelerated settlement cycles while remaining compliant with the city's tightening digital asset regulatory environment. The development could increase competitive pressure on rival platforms to offer comparable turnaround windows for professional clients.
Continue reading at Cryptocurrency for the full eligibility details and terms governing OSL's instant redemption program.
