Fresh capital to fuel global expansion

Hong Kong listed digital asset firm OSL Group has raised $200 million in new equity financing, strengthening its push into stablecoins and regulated digital payments. The company said the funding will be used to support acquisitions, international growth and further development of its payment and settlement infrastructure as it looks to scale across multiple jurisdictions.

According to OSL, the capital injection will bolster its balance sheet and help accelerate expansion in areas where institutional demand for compliant digital asset services is rising. The announcement was made on Thursday, highlighting investor confidence in the company’s long term strategy within the stablecoin and payments segment.

Chief financial officer Ivan Wong said the successful raise reflects strong market validation of OSL’s positioning. He added that the funding round allows the group to bring in strategic and long term investors who align with its regulated and institution focused approach.

Focus on stablecoins and payment services

A significant portion of the funds will be directed toward expanding OSL’s stablecoin trading and payment offerings. The company plans to invest in regulated digital payment and settlement services, an area that has seen growing adoption among corporates and financial institutions seeking faster and more transparent cross border transactions.

OSL said it will also allocate capital to technology upgrades and product development, ensuring its platforms can handle increased transaction volumes while meeting regulatory standards. Part of the proceeds will be used as working capital to support daily operations as the business scales globally.

Building on a record breaking fundraise

This latest $200 million round follows a much larger equity raise completed in July 2025, when OSL secured $300 million. That round was the largest publicly disclosed equity financing in Asia’s crypto sector at the time and marked a turning point for the company’s expansion plans.

Together, the two funding rounds have given OSL one of the strongest capital positions among publicly listed digital asset firms in the region. The company has used this financial strength to broaden its service offerings and reinforce its focus on compliance and institutional clients.

Regulated operations and recent acquisitions

OSL operates licensed platforms that offer over the counter trading, digital asset custody and tokenized wealth management services. It is regulated by Hong Kong’s Securities and Futures Commission, a factor that has helped it attract institutional users looking for compliant access to digital assets.

In 2025, the group took steps to establish itself as a serious player in digital payments. It completed the acquisition of Banxa, expanding its on and off ramp capabilities, and launched OSL BizPay, a business to business payment platform designed for corporate and institutional clients. The company has also introduced USDGO, a US dollar backed stablecoin aimed at supporting regulated payment and settlement use cases.

Rising global interest in stablecoins

OSL’s expansion comes at a time when interest in fiat backed stablecoins is accelerating worldwide. Regulators in several regions are moving to create clearer frameworks for payment tokens, opening the door for banks and licensed firms to participate more actively in the space.

This week, Abu Dhabi based Universal Digital launched USDU, described as the first US dollar backed stablecoin registered by the Central Bank of the United Arab Emirates under its Payment Token Services Regulation. In the United States, Tether has introduced USAt, a dollar pegged stablecoin issued by Anchorage Digital Bank and positioned as compliant with the GENIUS Act. The token debuted with an initial supply of $10 million on Ethereum and has been listed on major platforms.

Against this backdrop, OSL’s latest fundraise signals its intention to capture a share of the growing demand for compliant stablecoin and payment solutions. With fresh capital in hand, the company is positioning itself to compete globally as traditional finance and digital assets continue to converge.