OSL Group, a Hong Kong-based digital assets firm, has successfully secured $300 million in funding, marking one of the largest disclosed rounds in Asia's digital assets sector.
Funding Announcement
OSL Group announced the completion of the $300 million fundraising on July 25, 2025, via X. "We’re excited to announce that OSL Group (HKEX: 863) has successfully completed a US$300 million equity financing, marking the largest publicly disclosed equity raise in Asia’s digital asset sector to date," the company stated.
Utilization of Funds
The funds will primarily support OSL’s global expansion, including strategic acquisition initiatives, strengthening working capital, and developing new global initiatives in payments and stablecoins. According to OSL's Chief Financial Officer Ivan Wong, "The funding will accelerate our global build-out, particularly in regulated stablecoin infrastructure and compliant payment rails."
The fundraising by OSL Group highlights the growing interest in digital assets and the need for effective infrastructure for stablecoins in the Asian region.