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.
The 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.
This 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.
Transforming Global Wellness Through Crypto Innovation
Under 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.
"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."
As 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.
Ralf Kubli, COO of BCM Europe AG, stated: "By integrating TAC's blockchain foundation with OSRH's crypto strategy, we're setting a new standard for the alliance of digital assets and wellness innovation."
TKD Coop, the primary user organization of TAC, will continue its leadership in driving blockchain adoption across the global Taekwondo community. With a four-year track record of successful deployment, including integrations on Uniswap and Probit Global, TKD Coop brings deep community engagement and technological validation to the initiative.
The MOU sets forth a collaborative path to explore regulatory compliance, token utility, and ecosystem interoperability. It also outlines each party's ongoing contributions, with a three-month term for finalizing the legal and technical framework.
About OSR Holdings
OSR Holdings, Inc. (NASDAQ: OSRH) is a global healthcare holding company dedicated to advancing biomedical innovation approaches to health and wellness to support global health outcomes. Through its subsidiaries, OSRH is engaged in immuno-oncology, regenerative biologics, and medical device distribution. OSRH's vision is to acquire and operate a portfolio of innovative healthcare and wellness companies, improving patient care through cutting-edge research and development. For more information, visit www.OSR-Holdings.com
About BCM Europe AG
BCM Europe AG, is a Zug, Switzerland-based private investment company specializing in global healthcare and blockchain ecosystem development. BCM Europe AG is the majority shareholder of OSRH and the original project sponsor of TAC.
About Taekwondo Cooperative
TKD Coop is a South Korea–based cooperative dedicated to uniting the global Taekwondo community through technology, economic participation, and decentralized platforms.
Contact:
OSR Holdings Investor Relations:
ir@osr-holdings.com
Forward-Looking Statements:
This release contains forward-looking statements, including plans regarding digital token offerings and strategic partnerships. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially.
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SOURCE OSR Holdings Inc.
