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OSR Holdings, BCM Europe, and Taekwondo Cooperative Announce Strategic MOU to Launch Blockchain-Based OSRH Token
SEOUL, South Korea and ZUG, Switzerland, May 22, 2025 /PRNewswire/ -- OSR Holdings, Inc. (NASDAQ: OSRH), a public company dedicated to advancing innovation in
About this update from Osr Holdings, Inc.
[{"type":"text","content":"SEOUL, South Korea and ZUG, Switzerland, May 22, 2025 /PRNewswire/ -- OSR Holdings, Inc. (NASDAQ: OSRH), a public company dedicated to advancing innovation in healthcare and wellness, announced today that it has entered into a Memorandum of Understanding (MOU) with BCM Europe AG, its major shareholder, and Taekwondo Cooperative (TKD Coop), a global Taekwondo community organization, to explore the joint development of a security token, provisionally named the \"OSRH Token\". The initiative aims to enhance access to crypto-based liquidity and provide a basis for OSRH to launch crypto treasury strategies.\n\n \n \n \n \n \n \n\n \nThe envisioned \"OSRH Token\" would allow for participation via crypto assets such as Bitcoin (BTC), Tether (USDT) and the Taekwondo Access Credit (TAC), a utility token currently traded on a centralized exchange and in use by the global Taekwondo community since 2021.\nThis initiative aims to unlock access to crypto-native liquidity, extend the reach of wellness-related innovation, and explore new decentralized financing models, including crypto treasury strategies, compliant with evolving digital asset regulations.\nTransforming Global Wellness Through Crypto Innovation\nUnder the terms of the MOU, the parties will work together to design, structure, and promote the OSRH Token, which will accept Bitcoin (BTC), Tether (USDT) and Taekwondo Access Credit (TAC) as subscription currencies. This new digital asset will integrate the proven infrastructure of TAC — a purpose-built token launched to support the global Taekwondo community since 2021 — into its own value chain.\n\"Crypto assets are here to stay,\" said Kuk Hyoun Hwang, CEO of OSRH. \"This collaboration reflects OSRH's commitment to innovation in healthcare and blockchain technologies,\" adding that \"The OSRH Token represents the convergence of community, crypto, and wellness.\"\nAs the largest shareholder of OSRH and project owner of TAC, BCM Europe AG has expressed its intent to contribute its TAC token rights, reserve, and infrastructure to OSRH, subject to definitive agreements. This contribution will enable OSRH to tap into decentralized liquidity infrastructure and position itself as a public company at the forefront of blockchain and crypto treasury adoption in healthcare.\nRalf Kubli, COO of BCM Europe AG, stated: \"By integrating TAC's blo...