Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 180

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 180
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 card network. This service will enable our customers to
send and receive funds nearly instantly and with lower fees compared to traditional SWIFT transfers. We will charge a certain percentage transaction fee based on the transaction amount.

b. Stablecoin Solutions

We currently offer OwlPay’s stablecoin-related services through a separate, ancillary product, OwlPay Wallet Pro,
and plan to integrate the functionalities of OwlPay Wallet Pro into the OwlPay platform as a one-stop solution, in the first quarter of 2025. OwlPay Wallet Pro has been rolled out to the market and is currently fully functional
in delivering the services including hosted wallet and unhosted wallet, stablecoin on/off-ramping and USDC cross-chain solution, as we expect to continue to enhance and expand our capabilities in these stablecoin-related services.

– Wallet Services

OwlPay Wallet Pro, provides a hosted wallet for businesses and unhosted wallet to individuals that support holding
stablecoins. OwlPay Wallet Pro allows, or will enable, businesses and individuals to transfer funds within minutes across the globe, including on/off-ramping in conversion between USDC and U.S. dollars through wire transfers, all within
standard security and compliance infrastructure on par with a traditional financial institution. We charge business customers for our hosted wallets on initial setup fees and recurring monthly maintenance fees, utilizing differential pricing
strategies tailored for the needs of our clients. Conversely, we offer free access for individual customers to our unhosted wallets. As our services expand, we plan to support stablecoins of EURC, ZUSD, and GYEN in the future.

– Stablecoin On/off-ramp Services

Our on/off-ramp services provide customers with the functionality to exchange between fiat currencies and stablecoins in both
directions. We have partnered with a USDC issuer, digital assets exchanges, or settlement providers, such as Circle, Coinbase Prime and Bridge XYZ, to facilitate the conversion from fiat currency via wire or ACH to USDC, and vice versa. We have also
entered into partnership with MoneyGram in December 2024 to enhance the wallet’s bankless on/off-ramp capabilities allowing our customers to cash in for converting local fiat currencies to USDC in 24 countries and cash out from USDC to local
fiat currencies in 137 countries by leveraging more than 430,000 MoneyGram locations worldwide. See “—Our Partnerships.” Our on/off-ramp services will help clients navigate the technical process
of transforming funds across fiat currency and USDC, as well