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Hong Kong’s OSL fundraise targets stablecoin expansion
US$200 million capital raise proceeds will be allocated towards acquisition, infra development
The Asset   29 Jan 2026

Publically listed, Hong Kong-based Asian stablecoin trading and payment platform OSL Group has launched an equity financing of US$200 million ( approximately HK$1.56 billion ) designed to bolster the company’s financial position, capture global growth opportunities and accelerate its strategic expansion across the stablecoin trading and payment sectors

Under the proposed plan, the net proceeds will be allocated toward strategic acquisitions, the expansion of global business across sectors, including payments and stablecoins, alongside product and technology infrastructure development, and general working capital.

The platform is fully committed to developing a compliant stablecoin trading and payment ecosystem. To this end in 2025, it acquired Banxa, a Web3 payment service provider; launched OSL BizPay, a business-to-business payment solution designed to serve the real economy and meet the needs of corporate and institutional clients; and introduced USDGO, a compliant USD stablecoin that serves as the cornerstone of OSL’s global payment infrastructure.

“The market has strongly validated OSL Group’s strategic positioning within the stablecoin and payment space,” says Ivan Wong, the platform’s chief financial officer. “This financing round will allow us to welcome more like-minded strategic and long-term investors.

“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.”