Treasure Global Secures Canadian MSB License for Oxi Wallet Expansion

Key Facts

In a move reflecting the accelerating expansion of cross-border fintech services, Treasure Global announced it has secured regulatory access to operate as a Money Services Business (MSB) in Canada. This registration is specifically designed to accelerate the expansion of the company's Oxi Wallet platform. The initiative aligns with the company's broader strategy to bridge traditional finance with the digital asset economy and build a globally connected financial ecosystem.

This expansion occurs as micro-cap fintech firms compete to establish regulatory footprints in North America, following the path of established Canadian peers like Nuvei and Lightspeed. Per market data, securing an MSB registration is a critical compliance milestone under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to ensure anti-money laundering standards are met.

Regarding market performance, TGL shares stood at $3.98 (at close July 01, 2026), having traded within a daily range of $3.83 to $3.98. Investors are now looking for the long-term revenue impact of this expansion, while also monitoring upcoming catalysts such as the Michigan Consumer Sentiment data, which could influence broader market sentiment toward fintech growth stocks.