OBOOK HOLDINGS Business Summary

OBOOK HOLDINGS INC. (OWLS), operating as OwlTing Group, is a diversified blockchain technology firm that generates revenue through a high-margin mix of SaaS subscriptions, transaction-based fintech fees, and e-commerce commissions. The company’s primary business segments include OwlPay, a cross-border payment and stablecoin settlement infrastructure; OwlNest, a SaaS-based hospitality property management system (PMS) serving over 2,700 global operators; and OwlTing Market, a blockchain-enabled e-commerce and traceability platform. As of early 2026, OwlPay accounts for approximately 56% of total revenue, leveraging a regulatory footprint that covers 41 U.S. states and strategic integrations with Visa Direct and the Stellar network. In the competitive landscape, OWLS contends with International Money Express (IMXI), Marqeta (MQ), and Remitly (RELY) in the remittance and payment processing space, as well as Cass Information Systems (CASS) in business expense management. OBOOK distinguishes itself as a compliance-first bridge between traditional fiat rails and programmable stablecoin infrastructure, specifically targeting the $210 billion B2B cross-border market. The company was founded in 2010 by Chairman and CEO Chun-Kai (Darren) Wang and Co-Founder and CTO Chung-Han (John) Hsieh. Wang, a prominent figure in Asia’s blockchain ecosystem and a Harvard Business School OPM alumnus, holds a master’s in electrical and computer engineering from Boston University and owns approximately 44% of the company. Hsieh brings deep technical expertise in networking algorithms and previously served as CTO of LGS (TaiwanGo). The executive bench is further strengthened by CFO Wei-Li Lin and Chief Compliance Officer Dr. Meng-Shiang Lin, who oversee the firm’s rigorous AML/KYC frameworks. OBOOK is backed by high-profile institutional investors, including SBI Holdings and the Stellar Development Foundation. Its Board of Directors features notable industry veterans such as Meyer "Sandy" Frucher, the former Vice Chairman of Nasdaq, who provides significant capital markets and regulatory oversight.