OBOOK Holdings Inc. (OWLS) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.193 Hello everyone, and welcome to Old Book Holdings first half 2026 earnings conference 00:00:05.193 -- 00:00:10.355 call. Old Book Holdings operates under the Altin Group brand, so throughout 00:00:10.355 -- 00:00:14.257 today's call, we will refer to the company as Altin. 00:00:14.257 -- 00:00:19.399 This call is pre-recorded. I'm Henry Fan, investor relations director, 00:00:19.399 -- 00:00:24.701 and I'll be your host today. Joining me are our founder and chief executive officer, 00:00:24.701 -- 00:00:29.113 Darren Wong, and our chief financial officer, Winnie Lin. 00:00:29.113 -- 00:00:33.937 Before we begin, I would like to remind everyone that today's discussion contains forward-looking 00:00:33.937 -- 00:00:39.041 statements. These statements are subject to risks and uncertainties that could 00:00:39.041 -- 00:00:43.985 cause actual results to differ materially from our current expectations. 00:00:43.985 -- 00:00:49.129 For a more detailed discussion of these risks and uncertainties, please refer 00:00:49.129 -- 00:00:53.737 to our following with the U.S. Securities and Exchange Commission. 00:00:53.737 -- 00:00:58.741 Over the past several years, we have invested in the regulatory, banking, compliance, 00:00:58.741 -- 00:01:04.525 settlement, and technology infrastructure required to support global stablecoin-enabled 00:01:04.525 -- 00:01:09.929 payments. During the first half of 2026, we began moving from infrastructure 00:01:09.929 -- 00:01:15.813 build-out and client onboarding into live production and transaction processing. 00:01:15.813 -- 00:01:20.857 As a result, our first half financial results captured only the early stage of these 00:01:20.857 -- 00:01:22.782 commercializations. 00:01:22.782 -- 00:01:27.963 While ou...