Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 182

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 182
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 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.

B. 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 developed in-house capability to facilitate the conversion from

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fiat currency via wire or ACH to USDC, and vice versa. We have also entered into collaborations with MoneyGram in December 2024 to enhance the wallet’s bankless on/off-ramp capabilities
allowing our customers in 31 countries to access on-ramp services converting local fiat currencies to USDC and customers in 172 countries to access off-ramp services converting USDC to local fiat currencies by leveraging more than 430,000 MoneyGram
locations worldwide. In May 2025, we started working with MoonPay to enable our customers to access on-ramp services that allow conversion to USDC via credit card. See “—Our Third-Party Collaborations.” We charge fixed-amount,
per-transaction handling fees, while the percentage-based transaction fees for conversion from between USDC and fiat currency would contribute to the bulk of our revenue in stablecoin on/off-ramp operations. The transaction fees for conversion are
calculated as the transaction amount multiplied by an agreed-upon percentage rate with customers. The transaction fees percentage rates for stablecoin on/off-ramping are determined based on the costs of transactions in each region while also
referencing the prices set by industry peers. The transaction fees are retained in the applicable fiat currency.

C. USDC Cross-chain Solution

With the rise of various Ethereum Virtual Machine-compatible networks and other blockchain networks, we aim
to simplify the hassle interacting with multiple chains by offering cross-chain services, allowing users to own and transfer USDC without worrying about which blockchain it exists on. We currently offer conversion between USDC on EVM-compatible
networks and USDC on the Stellar network. We also leverage Circle’s Cross-Chain Transfer Protocol (CCTP) to enable seamless transfers of USDC across other supported blockchains for hosted wallet. See “—Our Third-Party
Collaborations.” With cross chain technology, we expect to provide a simplified payment experience to our customers by handling on our end the switching of blockchains on which the USDC transferred is based, supporting such cross-chain
transactions among Ethereum, Avalanche, Polygon, Optimism, Arbitrum