OSL Group announced an equity financing of US$200 million (approximately HK$1.56 billion).
The company intends to use the funding to strengthen its financial position, pursue global growth opportunities, and accelerate its strategic expansion in stablecoin trading and payment services.
Under the plan, the company will allocate the net proceeds to make strategic acquisitions, expand international operations across payments and stablecoins, develop product and technology infrastructure, and cover general working capital.
Following its strategic and brand developments in 2025, OSL Group has focused on building a compliant stablecoin trading and payment ecosystem.
Key initiatives last year included the acquisition of Banxa, a Web3 payment service provider; the launch of OSL BizPay, a B2B payment solution for corporate and institutional clients; and the introduction of USDGO, a compliant USD stablecoin forming the basis of OSL Group’s global payment infrastructure.
Ivan Wong, Chief Financial Officer of OSL Group, commented:
“Beyond strengthening our capital base and diversifying our shareholder structure, these funds will enable us to seize timely opportunities to acquire licensed trading and payment entities worldwide, further solidifying our first-mover advantage as we advance our compliance-driven global strategy.”
Featured image credit: Edited by Fintech News Hong Kong, based on image by thanyakij-12 via Freepik
