OSL Group Raises $300M for Global Expansion
OSL Group Raises $300M for Global Expansion

OSL Group Raises $300M for Global Expansion

News summary

Hong Kong-based OSL Group has secured $300 million in equity financing, marking the largest publicly disclosed capital raise in Asia’s digital asset sector to date. The funding comes just ahead of Hong Kong’s new stablecoin regulatory regime, set to take effect on August 1, which is expected to strengthen the city’s role as a regulated digital asset hub. OSL plans to use the proceeds for global expansion, including strategic acquisitions and the development of regulated stablecoin infrastructure and compliant digital payment networks. The company has recently made acquisitions in Japan, Indonesia, and other regions, highlighting its aggressive international growth strategy. The capital raise involved discounted share placements, causing a short-term drop in OSL’s stock price, though it remains up significantly year-to-date. The Hong Kong Monetary Authority has cautioned against excessive market speculation as excitement grows over stablecoins and digital asset regulations.

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