Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 170

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 170
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 wallet and AML/KYC service package.

We also face competition from PSPs such as PayPal, Block and
Stripe, which integrate processing, payment, and merchant acquiring functions, are quickly adopting blockchain technology solutions and have more financial resources and are larger organizations than we are at present. Blockchain networks present
PSPs with two unique opportunities to generate additional revenue and broaden their total addressable markets: adoption at application layer, by enabling faster and more secure payment gateways, using smart contracts to automate invoice processing
and offering digital wallet solutions along with traditional methods between merchants and customers; and at the infrastructure layer, by using distributed ledgers and stablecoin for faster, secure and transparent settlements between existing
financial systems and public blockchain networks.

OwlPaydifferentiates itself by the comprehensive and flexible service
offerings, which are rooted from our experience and understanding of the real world cross-border business payments needs. It also stands out in its regulatory landscape and extensive AML and KYC package. For businesses that are used to the legacy
cross-border payment infrastructure, OwlPay offers them a platform product to seamlessly transition to the possibility of stablecoin payments that are faster, cheaper, more transparent, and more accessible. We have enhanced the flexibility of
our payment solutions, providing customers with a diverse range of payment and settlement options.

Development Strategies

We expect to grow our customer base by collaborating with global financial institutions and leveraging our collaborators’
networks. We have launched OwlPay Harbor—our proprietary API packages—which enables payment gateway collection of customers fund via stablecoins, on/off-ramp between fiat currencies and

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stablecoins, cross-chain transactions between USDC across different blockchains, and payout capabilities, empowering third-party wallet providers,
financial institutions, and platform operators requiring cross-border payment solutions to access our capabilities. We believe this offering will help drive broader adoption and increase demand for our services. We provide these services across
multiple blockchains, including EVM-compatible networks and the Stellar network, where we serve as a “Stellar Anchor”, and we plan to extend coverage to Solana.

We have also integrated our proprietary on/off-ramp capabilities into our platform solutions OwlPay Wallet Pro, and incorporated our
USDC-based payment gateway features into OwlPay Payment, which collectivelyempower our own end customers to conduct transactions more cost-effectively.Under our combined approach tomarket, we aim to deliver our
stablecoin-based payment solution to a wide range of customers in e-commerceplatforms, traditional financial institutions, and other businesses interested in using