OSR Holdings to launch blockchain-based token with partners

OSR Holdings (OSRH) has entered into a Memorandum of Understanding with BCM Europe AG, its major shareholder, and Taekwondo Cooperative, a global Taekwondo community organization, to explore the joint development of a security token, provisionally named the “OSRH Token”. The initiative aims to enhance access to crypto-based liquidity and provide a basis for OSRH to launch crypto treasury strategies. The envisioned “OSRH Token” would allow for participation via crypto assets such as Bitcoin, Tether and the Taekwondo Access Credit, a utility token currently traded on a centralized exchange and in use by the global Taekwondo community since 2021. Under the terms of the MOU, the parties will work together to design, structure, and promote the OSRH Token, which will accept Bitcoin, Tether and Taekwondo Access Credit as subscription currencies. TKD Coop, the primary user organization of TAC, will continue driving blockchain adoption across the global Taekwondo community. The MOU sets forth a collaborative path to explore regulatory compliance, token utility, and ecosystem interoperability. It also outlines each party’s ongoing contributions, with a three-month term for finalizing the legal and technical framework.