US Stock Movement | OBOOK Holdings (OWLS.US) Debuts on the US Market with Nearly 20% Drop in Opening Price

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Oct 17

On Thursday, OBOOK Holdings (OWLS.US) made its debut on the US stock market, opening with a nearly 20% decline and hitting trading curbs. The IPO price was set at $68. OBOOK Holdings focuses on the research and application of underlying blockchain technology and has been actively enhancing stablecoin infrastructure in recent years, aiming to establish a "compliance-first" stablecoin ecosystem. The company stated that it will leverage its multiple financial and blockchain-related licenses acquired in the United States, European Union, and Japan to further strengthen its strategic position in the global stablecoin competition.

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