Taiwan’s stablecoin infrastructure company OwlTing will go public on Nasdaq via a direct listing on October 16

Taiwan’s stablecoin infrastructure company OwlTing will go public on Nasdaq via a direct listing on October 16, starting to trade under ‘OWLS’.

The company focuses on stablecoin infrastructure and recorded 2024 revenue of $7.6 million and payment volume of $218 million.

Stripe Bridge’s federal trust application, major banks’ review of G7 collateral stablecoins, and discussions about acquiring BVNK are among the ongoing industry moves.