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K&L Gates Advises BC Technology Group on Investment in Philippine Digital Asset Exchange

13 September 2021

Hong Kong – Global law firm K&L Gates has advised Hong Kong-listed BC Technology Group (stock code: 863 HK) on its investment in Philippine Digital Asset Exchange (PDAX).

BC Technology Group is Asia’s leading listed digital asset and fintech company and parent company of the SFC-licensed OSL digital asset platform. OSL provides digital asset prime brokerage, exchange, custody and software-as-a-service for institutions and professional investors. 

PDAX is a leading digital currency exchange platform based in the Philippines that enables trading and settlement of digital assets against the Philippine Peso.

The K&L Gates team that advised BC Technology Group was led by Hong Kong corporate partner William Ho, with support from associates Joey Liu and Dorothy Hung, and by Singapore partner Christopher Tan, with support from counsel Lucas Nicolet-Serra and senior associate Nicholas Wee.

Ho stated: “BC Technology Group, through its subsidiary OSL, launched the first licensed cryptocurrency exchange in Hong Kong early this year, breaking new ground for financial services in Asia. We are thrilled to have assisted BC Technology Group with this transaction, leveraging the vast experience of our corporate and M&A lawyers in the fintech space across our global platform.”

K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.

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