OSL Group Raises $200M to Expand Stablecoin Trading and Global Payments

Fresh funding positions OSL Group to scale licensed payments and stablecoin services as demand for compliant blockchain settlement rises.

OSL Group has announced a major equity financing round as it deepens its presence in stablecoin trading and digital payments. The Hong Kong–listed digital asset firm plans to use the new capital to expand beyond its core markets. Notably, this move comes as regulated platforms tap into the growing demand for blockchain-based payments.

OSL Group Plans Global Expansion After $200M Equity Financing

In a Thursday disclosure, the company announced a $200 million equity financing round, equal to about HK$1.56 billion. According to them, the proceeds will be used for acquisitions and global growth. Additional plans include product development tied to payments and stablecoins. 

“Beyond strengthening our capital base and diversifying our shareholder structure, these funds will enable us to seize timely opportunities to acquire licensed trading,”

Ivan Wong, CFO of OSL Group, noted.

He added that the move further reinforces the firm’s compliance-driven global strategy and allows flexibility as new payment use cases emerge.

Digital asset firms with licensed payment capabilities have become more attractive as regulators tighten oversight worldwide. To a large extent, many view blockchain settlement as faster than traditional systems.

OSL outlined several priority areas tied to the new funding:

• Expansion of stablecoin trading services for institutional clients.
• Growth of digital payment operations across global markets.
• Acquisition of licensed trading and payment firms.
• Continued investment in core technology systems.
• Additional working capital to support daily operations.

Blockchain Settlement Gains Traction as Alternative to Legacy Rails

In July, the firm pulled in $300 million in an equity financing round. At the time, this figure was a regional record in the crypto sector. 

And the momentum from that funding helped drive larger ambitions in payments and settlement services. In fact, the management views stablecoins as a bridge between TradFi and DeFi.

With that in mind, the company has focused on building regulated systems for stablecoin trading and payments. As contained in the Thursday statement, the firm’s goal is to support compliant movement between fiat and digital currencies. 

Basically, OSL aims to serve enterprises and financial institutions seeking payment options. Additionally, it aims to integrate users seeking reliable digital financial services across global markets.

Last year, the firm completed the acquisition of Banxa, a Web3 payments provider, strengthening its reach in crypto-enabled payment services. OSL also launched OSL BizPay, a business-focused payments product designed for corporate and institutional users.

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