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Benzinga
Benzinga
Business
Akanksha Bakshi

Why Is OBOOK Holdings Stock Soaring Friday?

Blockchain

OBOOK Holdings Inc. (NASDAQ:OWLS), a blockchain technology company operating as the OwlTing Group, has announced a significant regulatory success following its Nasdaq direct listing. The firm recently obtained new Money Transmitter Licenses (MTLs) across Washington, Kansas, and North Carolina.

This achievement expands the company’s coverage for fund operations to 40 U.S. states, greatly increasing its domestic reach. This acquisition, particularly the license in Washington State after years of effort, reinforces the OwlTing Group’s regulatory standing.

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