Hong Kong listed digital asset firm OSL Group has secured $200 million in fresh equity financing as it sharpens its focus on stablecoins and regulated digital payments. The new capital will be used to fund acquisitions, expand internationally and strengthen the company’s technology and product capabilities as it scales operations across multiple jurisdictions.
The funding round highlights growing investor confidence in firms positioning themselves at the intersection of traditional finance and blockchain based payment infrastructure, particularly those operating within clear regulatory frameworks.
Fresh capital to scale payments and stablecoins
OSL Group confirmed that the $200 million raise will be directed toward expanding its stablecoin trading and payment services on a global level. The company said the capital injection will also reinforce its balance sheet and support the growth of regulated digital settlement and payment offerings.
Chief financial officer Ivan Wong said the successful financing reflects strong market support for OSL’s long term strategy in the stablecoin and payments segment. He added that the company aims to bring in strategic and long horizon investors who share its focus on compliant growth.
Alongside expansion initiatives, part of the proceeds will be used as general working capital as OSL prepares to operate at a larger scale in several markets.
Focus on acquisitions and international growth
A significant portion of the funds will be allocated to acquisitions, as OSL looks to deepen its footprint in digital payments and stablecoin infrastructure. The company has indicated that it is actively exploring opportunities that complement its regulated business model and institutional focus.
International expansion is another key priority. OSL plans to grow its presence in markets where demand for compliant digital payment and settlement solutions is rising, particularly among corporate and institutional clients seeking alternatives to traditional cross border payment systems.
Investment in product development and technology infrastructure will also continue, with the aim of improving efficiency, security and scalability across its platforms.
Building on a record fundraising history
The latest raise follows a much larger equity financing round completed in July 2025, when OSL secured $300 million. That round was the largest publicly disclosed equity raise in Asia’s crypto sector at the time and marked a turning point for the company’s growth ambitions.
With a combined $500 million raised across the two rounds, OSL has positioned itself as one of the best capitalized digital asset firms in the region. The company believes this financial strength gives it an advantage as competition intensifies among regulated crypto and payment service providers.
Regulated platform with institutional focus
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 clients and partners.
In 2025, the company took steps to broaden its role in digital payments by acquiring Banxa and launching OSL BizPay, a business to business payment platform designed for corporate and institutional use. It has also introduced USDGO, a US dollar backed stablecoin, as part of its broader push into fiat linked digital assets.
By combining trading, custody and payments under a regulated umbrella, OSL aims to serve institutions seeking compliant access to digital assets and blockchain based financial tools.
Rising global interest in fiat backed stablecoins
OSL’s expansion plans come at a time when interest in fiat backed stablecoins is accelerating worldwide. Regulators and financial institutions are increasingly exploring how these tokens can be used for payments, settlements and treasury operations without the volatility associated with other cryptocurrencies.
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. The move signals growing regulatory acceptance of stablecoins in the Middle East.
In the United States, Tether has also introduced USAt, a US dollar pegged stablecoin designed specifically for the domestic market. Issued by Anchorage Digital Bank, USAt is positioned as a federally regulated stablecoin compliant with the US GENIUS Act. It launched with an initial supply of $10 million on Ethereum and is already listed across major platforms.
As more jurisdictions clarify rules around stablecoins, companies like OSL are seeking to establish themselves early as trusted, compliant players capable of serving large scale payment and settlement needs.
