Taiwan's stablecoin infrastructure firm OwlTing is set to list on the Nasdaq Global Select Market on October 16th, trading under the symbol OWLS. The company reported a revenue of $7.6 million in 2024, marking an 18% increase from the previous year, with total payment volume rising 62% to $218 million. OwlTing's hospitality unit, OwlNest, serves over 2,500 clients and boasts a net dollar retention rate of 108%. Despite one-time listing costs affecting net profit, OwlTing anticipates improved profitability as its stablecoin infrastructure expands and profit margins enhance.