Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 172

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 172
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 believe OwlPay Harborand OwlPay Wallet Prowould enhance the breadth of our OwlPayservices and strengthen our market position in digital asset payment solutions.

Payment service is subject to a stringent
regulatory regime and the license application process could be time-consuming and expensive. As an early mover in blockchain-based payment services, we have obtained licenses, made license applications and/or
entered into agreements with payment service providers that hold the required credentials in jurisdictions where we have operations. We are currently applying for new or additional licenses in the United States, Japan, Singapore and Hong Kong, and
preparing to further expand to cover other regions including the EU and Latin America. In particular, we have completed the MSB registration with the U.S. federal government, and we have obtained the MTLs from a total of 35 states in the United
States, the VASP registration in Poland, and the EPISP registration in Japan. For further details, see “— Regulations.” To illustrate, for a business customer in Florida paying its vendors in Japan, it can exchange U.S.
dollars to Japanese Yen and complete the cross-border payout to its vendors in Japan, all done with one stop through OwlPay Payment. Alternatively, the Florida business may also apply for a hosted wallet through OwlPay Wallet Proand choose to send via USDC: it can on-ramp its U.S. dollars and convert into USDC, and send USDC to its vendors in Japan at the vendors’ wallet. Similarly, an individual customer in Florida may
apply for an unhosted wallet through OwlPay Wallet Proand on-ramp U.S. dollars to USDC and make payments to the business’s wallet. When we release our off-ramp service in Japan in the future, these vendors in Japan will also be able to
use our services to receive and/or off-ramp the received stablecoin to Japanese Yen and deposit to their bank accounts.

We have built relationships with a range of established participants in the payment industry, including Circle, Coinbase Prime, MoneyGram,
MoonPay, VISA and NIUM, with whom we can integrate our services with a wide range of payment solutions. For more details of our payment solutions, see “— Our Current Products and Services — Payment Products and Services.” We
are also actively seeking to expand our payment network with additional settlement service providers. NIUM is the leading global infrastructure for real-time cross-border payments and is headquartered in Singapore. With a global footprint, NIUM
helps OwlPay with implementing domestic