OwlTing Group Receives Ohio Money Transmitter License, Adding 42nd State To Its Coverage Area

OwlTing Group (NASDAQ:OWLS) ("OwlTing" or the "Company"), the operating brand of OBOOK Holdings Inc., a global fintech company, today announced that it has obtained a Money Transmitter License from the State of Ohio. The license brings OwlTing's coverage to 42 U.S. states1 and extends the reach of OwlPay, the Company's cross-border payment and settlement infrastructure, into one of the most industrially significant economies in the United States.2

Ohio is the seventh-largest state economy in the United States, with a GDP of approximately $967 billion in 2025, larger than the national economy of Israel or Singapore.3 It is also one of America's foremost centers of aerospace and defense, anchored by Wright-Patterson Air Force Base and NASA Glenn Research Center. The state is home to more than 600 aerospace facilities and over 400 defense contractors, and its military and federal activity supports an estimated 418,000 jobs and approximately $55 billion in annual economic output.4

Industries of this scale run on supply chains that cross borders continuously. Ohio companies generated approximately $144 billion in cross-border goods trade in 2024, led by transportation equipment, machinery, and chemicals moving to and from Canada, Mexico, the European Union, and China.5 Each of those flows requires international payment settlement. With its Ohio Money Transmitter License now in place, OwlPay settles these cross-border payments on regulated, digital currency-based infrastructure built for the speed these industries require.

For industries of this value, regulated settlement is a foundation rather than a finish line. OwlPay is designed so that the same licensed infrastructure can carry an enterprise across the full arc of cross-border payment, from conventional settlement, to digital currency-based settlement, and toward the agent-driven payment models beginning to take shape in global commerce, in which AI increasingly initiates and completes transactions on the behalf of users. For an aerospace, defense, or advanced manufacturing supplier, the Company believes the advantage lies in a single regulated foundation rather than various providers, and a state money transmitter license is direct evidence that the regulated settlement foundation beneath these capabilities is built to meet enterprise standards.