Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 184

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 184
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—Our Third-Party Collaborations.”

We currently utilize and hold a range of existing digital assets as an operational necessity to enable our stablecoin-related
services. For on/off-ramp services, we currently support the conversion between USD and USDC on the blockchains Ethereum, Avalanche, Arbitrum, Polygon and OP Mainnet (all using the ERC-20 standard), as well as USDC on Stellar (using the Stellar
Asset standard) and USDC on Solana (using SPL standard). To enhance the convenience of transactions for our customers, OwlPay Wallet Pro handles the payment of the gas fees for hosted wallet customers for supported blockchains and the payment
of the gas fees for unhosted wallet customers on Stellar, so that our customers do not need to hold the native digital assets corresponding to the transaction chains. To facilitate on/off-ramp services on multiple chains and directly handle gas fees
payments (on behalf of customer), we need to hold a variety of digital assets, including ETH on Ethereum, AVAX on Avalanche, MATIC on Polygon, ETH (ARB) on Arbitrum, ETH (OP) on OP Mainnet, XLM on Stellar, and SOL on Solana. As future supported
blockchains are added, we expect to need to hold ETH (Base) on Base in order to support the conversion of USDC on Base (using ERC-20 standard) in the future. We expect to continue to grow and expand our services for various stablecoins across
different blockchain networks. Please also refer to “Risk Factors—We hold stablecoins and other digital assets for our business operations and are subject to the risks associated with such digital assets. While we currently hold a de minimis amount of stablecoins and other digital assets, we expect that the amount of stablecoins and other digital assets we hold will increase with the growth of our payment business in relation to the utilization of our stablecoin
solutions.”

Hospitality Products and Services

Our offerings for clients in the hospitality sector include OwlNest, our hotel PMS; and OwlJourney and OwlTing Experiences, which are OTA platforms for hotels and B&Bs and travel activities and experiences packages. In 2018, we introduced OwlNest as an innovative hotel management system that leverages blockchain technology, which now connects
more than 2,500 hospitality providers. By collecting real-time accurate inventory information, the OwlNest system also enables our OTA OwlJourney to display the most up-to-date inventory data to the end customers, providing unique